Offering the guidance, strategy, and tools you need to respond to the very real, ongoing risk of fraud, The Fraud Audit presents a proactive, preventive response to fraud. Revealing how to keep fraud at bay through the Awareness Theory Methodology (ATM)—a vigorous fraud audit framework that will help you and your staff understand the how, why, and where of fraud—this book helps you identify fraudulent transactions that warrant an investigation.
Author Leonard Vona draws on his extensive experience as a financial investigation expert to provide invaluable insight on recognizing fraud scenario potentials from among the millions of transactions in your business's systems. Whether you are an accountant, auditor, or a fraud examiner, this timely book explains how to gather information in identifying fraud risks, assessing those risks, and responding aggressively to them.
With an emphasis on fraud occurring within your business's core systems—including procurement, disbursement, payroll, financial statement reporting, inventories, program management, and journal entries—The Fraud Audit explores:
The fraud paradigm
Fraud audit standards
Fraud risk structure
Brainstorming—why it works impressively in fraud risk detection
Building your fraud audit program
The art and science of data mining for fraud
Document analysis—the red flags to watch out for
Conveying the impact of potential fraud to management
Anticipate fraud before it shows up
Straightforward with easy-to-implement guidance, The Fraud Audit provides the sound business advice you need for a problem that's here to stay.
Hardcover, 379 pages
John Wiley & Sons Publishing
Table of Contents:
Chapter 1: What Is a Fraud Audit?
Chapter 2: Professional Standards
Chapter 3: Fraud Scenarios
Chapter 4: Brainstorming: The Implementation of Professional Standards
Chapter 5: Assessment of Fraud Likelihood
Chapter 6: Building the Fraud Audit Program
Chapter 7: Data Mining for Fraud
Chapter 8: Fraud Audit Procedures
Chapter 9: Document Analysis
Chapter 10: Disbursement Fraud
Chapter 11: Procurement Fraud
Chapter 12: Payroll Fraud
Chapter 13: Revenue Misstatement
Chapter 14: Inventory Fraud
Chapter 15: Journal Entry Fraud
Chapter 16: Program Management Fraud
Chapter 17: Quantifying Fraud