Forensic Fraud

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Forensic Fraud

Author : Brent E. Turvey
Publisher : Academic Press
Page : 296 pages
File Size : 41,9 Mb
Release : 2013-03-18
Category : Social Science
ISBN : 9780124080584

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Forensic Fraud by Brent E. Turvey Pdf

Forensic Fraud is the culmination of 12 years of research by author Brent E. Turvey. A practicing forensic scientist since 1996, Turvey has rendered this first of its kind study into the widespread problem of forensic fraud in the United States. It defines the nature and scope of the problem, the cultural attitudes and beliefs of those involved, and establishes clear systemic contributors. Backed up by scrupulous research and hard data, community reforms are proposed and discussed in light of the recently published National Academy of Sciences report on forensic science. An adaptation of Dr. Turvey’s doctoral dissertation, this volume relentlessly cites chapter and verse in support of its conclusions that law enforcement cultural and scientific values are incompatible, and that the problem of forensic fraud is systemic in nature. It begins with an overview of forensic fraud as a sub-type of occupational fraud, it explores the extent of fraud in both law enforcement and scientific employment settings, it establishes and then contrasts the core values of law enforcement and scientific cultures and then it provides a comprehensive review of the scientific literature regarding forensic fraud. The final chapters present data from Dr. Turvey’s original research into more than 100 fraudulent examiners between 2000 and 2010, consideration of significant findings, and a review of proposed reforms to the forensic science community based on what was learned. It closes with a chapter on the numerous crime lab scandals, and closures that occurred between 2010 and 2012 – an update on the deteriorating state of the forensic science community in the United States subsequent to data collection efforts in the present research. Forensic Fraud is intended for use as a professional reference manual by those working in the criminal system who encounter the phenomenon and want to understand its context and origins. It is intended to help forensic scientist and their supervisors to recognize, manage and expel it; to provide policy makers with the necessary understaffing for acknowledging and mitigating it; and to provide agents of the courts with the knowledge, and confidence, to adjudicate it. It is also useful for those at the university level seeking a strong secondary text for courses on forensic science, law and evidence, or miscarriages of justice. First of its kind overview of the cultural instigators of forensic fraud First of its kind research into the nature and impact of forensic fraud, with data (2000-2010) First of its kind typology of forensic fraud, for use in future case examination in research Numerous profiles of forensic fraudsters Review of major crime lab scandals between 2010 and 2012

Forensic Accounting and Fraud Examination

Author : Mary-Jo Kranacher,Richard Riley
Publisher : John Wiley & Sons
Page : 626 pages
File Size : 55,9 Mb
Release : 2019-05-14
Category : Business & Economics
ISBN : 9781119494331

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Forensic Accounting and Fraud Examination by Mary-Jo Kranacher,Richard Riley Pdf

Forensic Accounting and Fraud Examination introduces students and professionals to the world of fraud detection and deterrence, providing a solid foundation in core concepts and methods for both public and private sector environments. Aligned with the National Institute of Justice (NIJ) model curriculum, this text provides comprehensive and up-to-date coverage of asset misappropriation, corruption, fraud, and other topics a practicing forensic accountant encounters on a daily basis. A focus on real-world practicality employs current examples and engaging case studies to reinforce comprehension, while in-depth discussions clarify technical concepts in an easily relatable style. End of chapter material and integrated IDEA and Tableau software cases introduces students to the powerful, user-friendly tools accounting professionals use to maximize auditing and analytic capabilities, detect fraud, and comply with documentation requirements, and coverage of current methods and best practices provides immediate relevancy to real-world scenarios. Amidst increased demand for forensic accounting skills, even for entry-level accountants, this text equips students with the knowledge and skills they need to successfully engage in the field.

Forensic Accounting and Fraud Examination

Author : Mary-Jo Kranacher,Richard Riley,Joseph T Wells
Publisher : John Wiley & Sons
Page : 561 pages
File Size : 45,5 Mb
Release : 2010-06-08
Category : Business & Economics
ISBN : 9780470437742

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Forensic Accounting and Fraud Examination by Mary-Jo Kranacher,Richard Riley,Joseph T Wells Pdf

Forensic Accounting provides comprehensive coverage of fraud detection and deterrence and includes the broader educational material of the forensic accounting field with all the necessary accompaniments. The text follows the model curriculum for education in fraud and forensic funded by the U.S. national Institute of Justice and developed by a Technical Working Group of experts in the field. The text serves as a comprehensive and authoritative resource for teaching forensic accounting concepts and procedures that is also and appropriate and pedagogically ready for class room use. This easy to read, comprehensive textbook includes case study examples to clearly explain technical concepts and bring the material to life.

Benford's Law

Author : Mark J. Nigrini
Publisher : John Wiley & Sons
Page : 352 pages
File Size : 40,9 Mb
Release : 2012-03-09
Category : Business & Economics
ISBN : 9781118286869

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Benford's Law by Mark J. Nigrini Pdf

A powerful new tool for all forensic accountants, or anyone whoanalyzes data that may have been altered Benford's Law gives the expected patterns of the digits in thenumbers in tabulated data such as town and city populations orMadoff's fictitious portfolio returns. Those digits, in unaltereddata, will not occur in equal proportions; there is a large biastowards the lower digits, so much so that nearly one-half of allnumbers are expected to start with the digits 1 or 2. Thesepatterns were originally discovered by physicist Frank Benford inthe early 1930s, and have since been found to apply to alltabulated data. Mark J. Nigrini has been a pioneer in applyingBenford's Law to auditing and forensic accounting, even before hisgroundbreaking 1999 Journal of Accountancy article introducing thisuseful tool to the accounting world. In Benford's Law, Nigrinishows the widespread applicability of Benford's Law and itspractical uses to detect fraud, errors, and other anomalies. Explores primary, associated, and advanced tests, all describedwith data sets that include corporate payments data and electiondata Includes ten fraud detection studies, including vendor fraud,payroll fraud, due diligence when purchasing a business, and taxevasion Covers financial statement fraud, with data from Enron, AIG,and companies that were the target of hedge fund short sales Looks at how to detect Ponzi schemes, including data on Madoff,Waxenberg, and more Examines many other applications, from the Clinton tax returnsand the charitable gifts of Lehman Brothers to tax evasion andnumber invention Benford's Law has 250 figures and uses 50 interestingauthentic and fraudulent real-world data sets to explain boththeory and practice, and concludes with an agenda and directionsfor future research. The companion website adds additionalinformation and resources.

Forensic Accounting and Fraud Investigation for Non-Experts

Author : Howard Silverstone,Michael Sheetz
Publisher : John Wiley & Sons
Page : 363 pages
File Size : 46,7 Mb
Release : 2011-01-19
Category : Business & Economics
ISBN : 9780470495346

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Forensic Accounting and Fraud Investigation for Non-Experts by Howard Silverstone,Michael Sheetz Pdf

A must-have reference for every business professional, Forensic Accounting and Fraud Investigation for Non-Experts, Second Edition is a necessary tool for those interested in understanding how financial fraud occurs and what to do when you find or suspect it within your organization. With comprehensive coverage, it provides insightful advice on where an organization is most susceptible to fraud.

Forensic Accounting

Author : William T. Thornhill
Publisher : Unknown
Page : 248 pages
File Size : 50,6 Mb
Release : 1995
Category : Accounting
ISBN : UOM:35128001630340

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Forensic Accounting by William T. Thornhill Pdf

Escalating levels of "white-collar" crime in all branches of business, government, and society call for a new breed of investigator--one who is well-versed in auditing, appraisal, and internal evaluation. Forensic Accounting is the first detailed guide to pursuing a career in this burgeoning field.

Fraud Auditing and Forensic Accounting

Author : Tommie W. Singleton,Aaron J. Singleton
Publisher : John Wiley & Sons
Page : 336 pages
File Size : 40,5 Mb
Release : 2010-07-23
Category : Business & Economics
ISBN : 9780470877913

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Fraud Auditing and Forensic Accounting by Tommie W. Singleton,Aaron J. Singleton Pdf

FRAUD AUDITING AND FORENSIC ACCOUNTING With the responsibility of detecting and preventing fraud falling heavily on the accounting profession, every accountant needs to recognize fraud and learn the tools and strategies necessary to catch it in time. Providing valuable information to those responsible for dealing with prevention and discovery of financial deception, Fraud Auditing and Forensic Accounting, Fourth Edition helps accountants develop an investigative eye toward both internal and external fraud and provides tips for coping with fraud when it is found to have occurred. Completely updated and revised, the new edition presents: Brand-new chapters devoted to fraud response as well as to the physiological aspects of the fraudster A closer look at how forensic accountants get their job done More about Computer-Assisted Audit Tools (CAATs) and digital forensics Technological aspects of fraud auditing and forensic accounting Extended discussion on fraud schemes Case studies demonstrating industry-tested methods for dealing with fraud, all drawn from a wide variety of actual incidents Inside this book, you will find step-by-step keys to fraud investigation and the most current methods for dealing with financial fraud within your organization. Written by recognized experts in the field of white-collar crime, this Fourth Edition provides you, whether you are a beginning forensic accountant or an experienced investigator, with industry-tested methods for detecting, investigating, and preventing financial schemes.

Benford's Law

Author : Alex Ely Kossovsky
Publisher : World Scientific
Page : 672 pages
File Size : 46,6 Mb
Release : 2014-08-21
Category : Mathematics
ISBN : 9789814583701

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Benford's Law by Alex Ely Kossovsky Pdf

Contrary to common intuition that all digits should occur randomly with equal chances in real data, empirical examinations consistently show that not all digits are created equal, but rather that low digits such as {1, 2, 3} occur much more frequently than high digits such as {7, 8, 9} in almost all data types, such as those relating to geology, chemistry, astronomy, physics, and engineering, as well as in accounting, financial, econometrics, and demographics data sets. This intriguing digital phenomenon is known as Benford's Law. This book gives a comprehensive and in-depth account of all the theoretical aspects, results, causes and explanations of Benford's Law, with a strong emphasis on the connection to real-life data and the physical manifestation of the law. In addition to such a bird's eye view of the digital phenomenon, the conceptual distinctions between digits, numbers, and quantities are explored; leading to the key finding that the phenomenon is actually quantitative in nature; originating from the fact that in extreme generality, nature creates many small quantities but very few big quantities, corroborating the motto "small is beautiful", and that therefore all this is applicable just as well to data written in the ancient Roman, Mayan, Egyptian, and other digit-less civilizations. Fraudsters are typically not aware of this digital pattern and tend to invent numbers with approximately equal digital frequencies. The digital analyst can easily check reported data for compliance with this digital law, enabling the detection of tax evasion, Ponzi schemes, and other financial scams. The forensic fraud detection section in this book is written in a very concise and reader-friendly style; gathering all known methods and standards in the accounting and auditing industry; summarizing and fusing them into a singular coherent whole; and can be understood without deep knowledge in statistical theory or advanced mathematics. In addition, a digital algorithm is presented, enabling the auditor to detect fraud even when the sophisticated cheater is aware of the law and invents numbers accordingly. The algorithm employs a subtle inner digital pattern within the Benford's pattern itself. This newly discovered pattern is deemed to be nearly universal, being even more prevalent than the Benford phenomenon, as it is found in all random data sets, Benford as well as non-Benford types. Contents:Benford's LawForensic Digital AnalysisFraud DetectionData Compliance TestsConceptual and Mathematical FoundationsBenford's Law in the Physical SciencesTopics in Benford's LawThe Law of Relative Quantities Readership: Professionals, researchers and serious students of financial and data analysis, forensic accounting, fraud investigation, auditing, mathematics and probability and statistics. Key Features:The book is a concise account of practical applications of the phenomenon of fraud detection and it corrects several errors committed in the field where mistaken applications are usedThe perceptive reader interested in knowing about the use of this digital law in fraud detection, would be able to learn about it with a minimal amount of effort and time, without searching through literally hundreds of various small articles on the topicThe book provides numerous new theoretical points-of-view of the phenomenon, new methods for testing data for compliance, and fuses many different aspects of the law into a singular explanationKeywords:Benford's Law;Digits;Quantities;Relative Quantities;Numbers;Fraud;Fraud Detection;Data;Data Analysis;Forensic Analysis;Pattern;Physics;Chemistry;Geology;Astronomy

Fraud Auditing and Forensic Accounting

Author : Tommie W. Singleton,Aaron J. Singleton,G. Jack Bologna,Robert J. Lindquist
Publisher : John Wiley & Sons
Page : 338 pages
File Size : 40,7 Mb
Release : 2006-12-05
Category : Business & Economics
ISBN : 9780470053720

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Fraud Auditing and Forensic Accounting by Tommie W. Singleton,Aaron J. Singleton,G. Jack Bologna,Robert J. Lindquist Pdf

Get the latest tools in fraud auditing and get rid of fraud in your organization With the responsibility of detecting and preventing fraud placed directly on the accounting profession, you are responsible for recognizing fraud and learning the tools and strategies necessary to stop it. Fraud Auditing and Forensic Accounting, Third Edition shows you how to develop an investigative eye toward both internal and external fraud and provides crucial information on how to deal with it when discovered. This authoritative, timely book equips auditors, investigators, corporate attorneys, and accountants to identify the signs of financial fraud and successfully investigate it. This new edition will enable you to: Recognize the characteristics of organizations in which fraud is likely to occur Detect and deter accounting fraud, using the most recently developed techniques Conduct an efficient, systematic fraud investigation Use the latest methods for documenting fraud and preparing evidence-and much more PRAISE FOR Fraud Auditing and Forensic Accounting, Third Edition "An excellent primer for developing and implementing an antifraud program as part of a SOX 404, fraud prevention and detection process. A clear and concise history of fraud and the methods needed to deter it now and for the future. It is like having a professor on call and in your office when you need one. Well written with easy-to-understand definitions and examples, this is a must-read for anyone who is putting a financial investigation unit in place." —George Mullins, CFE, HealthSouthInternal Audit Manager and Project Manager, Antifraud Program "The book is an excellent anti-fraud resource for those professionals charged with the responsibility of detecting, investigating, and preventing fraud. I also highly recommend it to educators as a prospective textbook for a semester-long course in macro fraud examination." —Thomas Buckhoff, PhD, CPA, CFE, Associate Professor of Forensic Accounting, Georgia Southern University, and Principal, FraudWise, LLC "This book, better than any other in print, hits the subject areas I cover in my fraud examination and forensic accounting class. The authors have done a great job of presenting complicated terms and techniques in a manner for students to understand. I particularly like the presentation of a fraud's endgame, namely the court case that recovers assets and puts these creeps in jail." —Douglas E. Ziegenfuss, Professor and Chair, Department of Accounting,Old Dominion University

Fraud Auditing and Forensic Accounting

Author : G. Jack Bologna,Robert J. Lindquist
Publisher : Unknown
Page : 280 pages
File Size : 54,8 Mb
Release : 1995-07-31
Category : Business & Economics
ISBN : UOM:35128001931748

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Fraud Auditing and Forensic Accounting by G. Jack Bologna,Robert J. Lindquist Pdf

Since publication of the first edition, the level of interest in fraud accounting and auditing continues to increase. The book focuses on investigation, detection, documentation, and prevention of accounting and stock frauds, employee theft, and embezzlement. Also provides detailed techniques and strategies.

Fraud Auditing and Forensic Accounting

Author : Tommie W. Singleton,Aaron J. Singleton
Publisher : John Wiley & Sons
Page : 342 pages
File Size : 50,5 Mb
Release : 2010-09-07
Category : Business & Economics
ISBN : 9780470564134

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Fraud Auditing and Forensic Accounting by Tommie W. Singleton,Aaron J. Singleton Pdf

FRAUD AUDITING AND FORENSIC ACCOUNTING With the responsibility of detecting and preventing fraud falling heavily on the accounting profession, every accountant needs to recognize fraud and learn the tools and strategies necessary to catch it in time. Providing valuable information to those responsible for dealing with prevention and discovery of financial deception, Fraud Auditing and Forensic Accounting, Fourth Edition helps accountants develop an investigative eye toward both internal and external fraud and provides tips for coping with fraud when it is found to have occurred. Completely updated and revised, the new edition presents: Brand-new chapters devoted to fraud response as well as to the physiological aspects of the fraudster A closer look at how forensic accountants get their job done More about Computer-Assisted Audit Tools (CAATs) and digital forensics Technological aspects of fraud auditing and forensic accounting Extended discussion on fraud schemes Case studies demonstrating industry-tested methods for dealing with fraud, all drawn from a wide variety of actual incidents Inside this book, you will find step-by-step keys to fraud investigation and the most current methods for dealing with financial fraud within your organization. Written by recognized experts in the field of white-collar crime, this Fourth Edition provides you, whether you are a beginning forensic accountant or an experienced investigator, with industry-tested methods for detecting, investigating, and preventing financial schemes.

Forensic Accounting and Financial Statement Fraud, Volume II

Author : Zabihollah Rezaee
Publisher : Business Expert Press
Page : 180 pages
File Size : 41,9 Mb
Release : 2019-04-03
Category : Business & Economics
ISBN : 9781949991086

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Forensic Accounting and Financial Statement Fraud, Volume II by Zabihollah Rezaee Pdf

Forensic accounting is gaining considerable attention as a rewarding and exciting field of accounting. Forensic accountants perform both fraud and non-fraud services. The American Institute of Certified Public Accountants (AICPA) released its proposed new standards for its members who perform investigation and litigation forensic accounting services in December 2018. This second volume addresses fraud and non-fraud forensic accounting practice and performance. The author discusses forensic accounting roles and processes; forensic accounting techniques roles and responsibilities of corporate gatekeepers, including forensic accountants in creating a corporate culture of integrity and competency in preventing and discovering financial statement fraud. Also presented are challenges and opportunities in forensic accounting, and emerging issues in fraud investigation.

Forensic Audit in Financial Fraud Detection

Author : Darwin
Publisher : Darwin
Page : 140 pages
File Size : 49,6 Mb
Release : 2023-09-05
Category : Business & Economics
ISBN : 8210379456XXX

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Forensic Audit in Financial Fraud Detection by Darwin Pdf

Forensic Audit in Financial Fraud Detection - First Edition Forensic Audit in Financial Fraud Detection- First Edition is a resource guide for students and professionals who want to learn more about the field of forensic audit and fraud Detection. This book serves as a foundational steppingstone into the world of fraud investigation. From understanding the core principles of Fraud Investigation to delving into the legal aspects and presenting real-world case studies, this guide equips you with the essential knowledge and methods of evidence collection. This book is also helpful for those who are appearing in the interview for forensic audit or related positions, as it can help them show their understanding and skills in this field. A Concise and Comprehensive Introduction: Offering a concise yet comprehensive introduction to the field of forensic audit in fraud detection, this book covers a spectrum of vital topics: 1. Overview of Financial Frauds and Scams 2. Forensic Audit in Financial Fraud Detection 3. Forensic Audit: Laws and Regulations 4. Forensic Audit and Indian Evidence Law 5. Audit and Investigation 6. Techniques and Methodologies 7. Anti-fraud Data Analyst Test 8. Case Studies and Lessons Learned 9. Challenges in Forensic Audit of Financial Fraud 10. Technological Advancements and Future Directions 11. Best Practices and Recommendations A Valuable Resource for All: Whether you're a seasoned forensic accountant, a budding fraud examiner, a legal professional, or a student eager to explore the world of financial investigation, this book is your indispensable guide. Packed with insights, and contemporary perspectives, it empowers you to navigate the intricate realm of forensic accounting and fraud investigation with confidence. Unlock the secrets of forensic audits and embark on a journey to unravel financial mysteries and safeguard against fraud. Get ready to make informed decisions and protect the integrity of financial systems with "Forensic Audit in Financial Fraud Detection - First Edition."

A.B.C.'s of Behavioral Forensics

Author : Sridhar Ramamoorti,David E. Morrison, III,Joseph W. Koletar,Kelly R. Pope
Publisher : John Wiley & Sons
Page : 304 pages
File Size : 54,7 Mb
Release : 2013-09-10
Category : Business & Economics
ISBN : 9781118417249

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A.B.C.'s of Behavioral Forensics by Sridhar Ramamoorti,David E. Morrison, III,Joseph W. Koletar,Kelly R. Pope Pdf

Get practical insights on the psychology of white-collar criminals—and how to outsmart them Understand how the psychologies of fraudsters and their victims interact as well as what makes auditors/investigators/regulators let down their guard. Learn about the psychology of fraud victims, including boards of directors and senior management, and what makes them want to believe fraudsters, and therefore making them particularly vulnerable to deception. Just as IT experts gave us computer forensics, we now have a uniquely qualified team immersed in psychology, sociology, psychiatry as well as accounting and auditing, introducing the emerging field of behavioral forensics to address the phenomenon of fraud. Ever wonder what makes a white-collar criminal tick? Why does she or he do what they do? For the first time ever, see the mind of the fraudster laid bare, including their sometimes twisted rationalizations; think like a crook to catch a crook! The A.B.C.'s of Behavioral Forensics takes you there, with expert advice from a diverse but highly specialized authoring team of professionals (three out of the four are Certified Fraud Examiners): a former accounting firm partner who has a PhD in psychology, a former FBI special agent who has been with investigative practices of two of the Big Four firms, an industrial psychiatrist who has worked closely with the C-level suite of large and small companies, and an accounting professor who has interviewed numerous convicted felons. Along with a fascinating exploration of what makes people fall for the common and not-so-common swindles, the book provides a sweeping characterization of the ecology of fraud using The A.B.C.'s of Behavioral Forensics paradigm: the bad Apple (rogue executive), the bad Bushel (groups that collude and behave like gangs), and the bad Crop (representing organization-wide or even societally-sanctioned cultures that are toxic and corrosive). The book will make you take a longer look when hiring new employees and offers a deeper more complex understanding of what happens in organizations and in their people. The A.B.C. model will also help those inside and outside organizations inoculate against fraud and make you reflect on instilling the core values of your organization among your people and create a culture of excellence and integrity that acts as a prophylactic against fraud. Ultimately, you will discover that, used wisely, behavioral methods trump solely economic incentives. With business fraud on the rise globally, The A.B.C.'s of Behavioral Forensics is the must-have book for investigators, auditors, the C-suite and risk management professionals, the boards of directors, regulators, and HR professionals. Examines the psychology of fraud in a practical way, relating it to aspects of fraud prevention, deterrence, detection, and remediation Helps you understand that trust violation—the essence of fraud—is a betrayal of behavioral assumptions about "trusted" people Explains how good people go bad and how otherwise honest people cross the line Underscores the importance of creating a culture of excellence and integrity that inoculates an organization from fraud risk (i.e., honest behavior pays, while dishonesty is frowned upon) Provides key takeaways on what to look for when hiring new employees and in your current employees, as well as creating and maintaining a culture of control consciousness Includes narrative accounts of interviews with convicted white-collar criminals, as well as interpretive insights and analysis of their rationalizations Furnishes ideas about how to enhance professional skepticism, how to resist fraudsters, how to see through their schemes, how to infuse internal controls with the people/behavioral element, and make them more effective in addressing behavioral/integrity risks Provides a solid foundation for training programs across the fraud risk management life cycle all the way from the discovery of fraud to its investigation as well as remediation (so the same fraud doesn't happen again) Enables auditors/investigators to engage in self-reflection and avoid cognitive and emotional biases and traps that lead to professional judgment errors (e.g., overconfidence, confirmation, self-deception, groupthink, halo effect, availability, speed-accuracy trade-off, etc.) Ever since the accounting scandals surrounding Enron and WorldCom surfaced, leading to the passage of the Sarbanes Oxley Act of 2002, as well as the continuing fall out from the Wall Street financial crisis precipitating the Dodd-Frank Act of 2010, fraud has been a leading concern for executives globally. If you thought you knew everything there was to know about financial fraud, think again. Get the real scoop with The A.B.C.'s of Behavioral Forensics.