Fraud 101: Techniques and Strategies for Understanding Fraud

  Fraud 101 


By Stephen Pedneault, CFE  



Fraud continues to be one of the fastest growing and most costly crimes in the United States and around the world. The more an organization can learn about fraud in general and the potential fraud risks that threaten the financial stability of the organization's cash flow, the better that organization will be equipped to design and implement measures to prevent schemes from occurring in the first place.


Fraud 101, Third Edition serves as an enlightening tool for you, whether you are a business owner or manager, an accountant, or auditor who needs to learn about the nature of fraud. In this invaluable guide, you will discover and better understand the inner workings of numerous financial schemes and internal controls to increase your awareness and possibly prevent fraud from destroying your organization's financial stability. It offers guidance, understanding, and new, real-world case studies on the major types of fraud, including:


An understanding of why fraud is committed

An overview of financial fraud schemes

White-collar crime

Uncovering employee embezzlement

Establishing internal fraud controls

The nature of collecting evidence



Product Details:
Copyright 2009
ISBN 978-0-470-48196-7
Hardcover, 234 Pages
John Wiley & Sons Publishing 

Table of Contents:


Chapter 1: The World of Fraud

Chapter 2: Why Is Fraud Committed?

Chapter 3: Financial Statement Fraud Schemes

Chapter 4: Employee Embezzlements

Chapter 5: Other Fraud Schemes

Chapter 6: Contract Rigging Schemes

Chapter 7: Responses to Fraud

Chapter 8: The Importance of Internal Controls and Internal Audit

Chapter 9: Evidence

Chapter 10: Conducting Fraud Investigations: A Practical Approach

Chapter 11: Fraud Investigation Alternatives

Appendix A: Vending Lessons Learned

Appendix B: Living a Facade Prevention Techniques

Appendix C: Disappearing Inventory