Detecting Fraud in Organizations: Techniques, Tools, and Resources

Table of contents

1. Cover
2. Series Page
3. Title Page
4. Copyright
5. Preface
6. Acknowledgments
7. Introduction
   1. THE 800-POUND FRIENDLY GORILLA
   2. NUMBERS DON’T LIE, PEOPLE DO
   3. AN OVERVIEW OF FRAUD
   4. THE ONE-MINUTE FRAUD MYSTERIES
   5. A FEW TIPS FOR DETECTING FRAUD AS YOU BEGIN
   6. SETUP
   7. NOTE
8. Chapter One: Understanding Fraud
   1. PEOPLE ARE GREEDY—HOW GREEDY ARE YOU?
   2. ONE-MINUTE FRAUD MYSTERY: TRUST US INC.
   3. DISTINGUISHING AMONG DETERRENCE, PREVENTION, AND DETECTION
   4. THE INCREASED RISK OF FRAUD LOSS
   5. DIVERGENT AND CONVERGENT THINKING
   6. CRITICAL THINKING REQUIRES CRITICAL QUESTIONS
   7. THE PERSONALITY TRAITS OF A FRAUDSTER
   8. THE MORAL COMPASS
   9. THE ELEMENTS OF FRAUD: MIRD
   10. EDUCATION ABOUT FRAUD
   11. CONFUSION ABOUT RESPONSIBILITY
   12. COMPLEXITY
   13. SUMMARY
   14. ONE-MINUTE FRAUD MYSTERY ANALYSIS
   15. NOTES
9. Chapter Two: Fraud Detection Approaches
   1. WHY DOESN’T ENHANCED LEGISLATIVE, REGULATORY, AND PROFESSIONAL OVERSIGHT HELP TO PREVENT FRAUD?
   2. ONE-MINUTE FRAUD MYSTERY: BIG FISH INVESTMENT INC.
   3. PRINCIPLES AND RULES ALONE CANNOT ELIMINATE ALL FRAUD
   4. A REAL-WORLD PERSPECTIVE
   5. GETTING A HANDLE ON TRANSACTIONS
   6. THE 10 FORENSICALLY ACCEPTED GENERALLY ACCEPTED ACCOUNTING PRINCIPLE ASSUMPTIONS
   7. SUMMARY
   8. ONE-MINUTE FRAUD MYSTERY ANALYSIS
   9. NOTES
10. Chapter Three: Deciding to Commit Fraud
    1. ONE-MINUTE FRAUD MYSTERY: THE HOUSE OF WORSHIP
    2. DO YOU REALLY KNOW WHAT THE PEOPLE IN YOUR ORGANIZATION ARE THINKING?
    3. THE FOUR GENERATIONS AND MOTIVATION
    4. PINPOINTING THE FRAUDSTER
    5. THE THREE MOST PREVALENT TYPES OF FRAUD
    6. AN ACCOUNTING CREED
    7. THE CONSEQUENCES OF FRAUD
    8. SUMMARY
    9. ONE-MINUTE FRAUD MYSTERY ANALYSIS
    10. NOTES
11. Chapter Four: How to Act Like a Fraudster
    1. ONE-MINUTE FRAUD MYSTERY: CATCH ME IF YOU CAN INC.
    2. THE SIX Ps OF SUCCESSFUL FRAUDSTERS
    3. THE CHARACTERISTICS OF A FRAUDSTER
    4. FRAUDSTERS AND THEIR ORGANIZATIONS
    5. SUMMARY
    6. ONE-MINUTE FRAUD MYSTERY ANALYSIS
    7. NOTES
12. Chapter Five: The Dynamics of Business
    1. ONE-MINUTE FRAUD MYSTERY: ACCRUAL INC.
    2. CONTROL-POINT LINKS AND ACCOUNTABILITY
    3. THE LAYERS OF TRUST
    4. RESPONSIBILITY CHAINS
    5. A FAILURE IN MANAGEMENT
    6. MORE THAN THE BOTTOM LINE
    7. OUTSIDE INFLUENCES
    8. ORGANIZATIONAL FAILURES
    9. UNDERSTANDING CASH FLOWS
    10. SUMMARY
    11. ONE-MINUTE FRAUD MYSTERY ANALYSIS
    12. NOTES
13. Chapter Six: Understanding the Accounting Process
    1. ONE-MINUTE FRAUD MYSTERY: SNEAKERS ARE US INC.
    2. UNDERSTANDING THE SALE OF GOODS
    3. DECEPTIVE DATA
    4. COMPUTERIZED FRAUD TECHNIQUES
    5. OPERATING EXPENSES
    6. BALANCED PRINCIPLES
    7. BALANCE SHEET COMPONENTS
    8. STATEMENT OF CASH FLOWS
    9. RATIO ANALYSIS
    10. BUILDING A CASE: DOCUMENT ORGANIZATION, DATA ANALYSIS, AND LIFESTYLE ANALYSIS
    11. SUMMARY
    12. ONE-MINUTE FRAUD MYSTERY ANALYSIS
    13. NOTES
14. Chapter Seven: It All Comes Down to Cash
    1. ONE-MINUTE FRAUD MYSTERY:YANKEE PROPERTY MANAGEMENT
    2. HANDLING CASH
    3. CASH DISBURSEMENT CONTROLS
    4. CASH AND FRAUD
    5. CLASSIFICATIONS OF CASH AND CASH-EQUIVALENT FRAUD SCHEMES AND SCENARIOS
    6. FRAUD CONTROL POINTS IN THE ORGANIZATIONAL PROCESS
    7. SUMMARY
    8. ONE-MINUTE FRAUD MYSTERY ANALYSIS
    9. NOTES
15. Chapter Eight: Final Thoughts
    1. POP: FINDING THE NEXT POTENTIAL FRAUD KERNEL IN YOUR ORGANIZATION
    2. QUICK REFERENCES ON THE FUNDAMENTALS OF FRAUD
    3. GAAP VERSUS FAGAAPA: A SUMMARY
    4. FIVE CATEGORIES OF FRAUD
    5. WHY AUDITORS AND ACCOUNTANTS FAIL TO DETECT FRAUD
    6. RED FLAGS FOR POTENTIAL FRAUD
    7. USING THE ACCRUALS-TO-ASSETS RATIO
    8. A SIMPLE FRAUD RISK PLAN
    9. CONCLUSION
    10. NOTES
16. Afterword
17. Bibliography
18. About the Author
19. About the Website
20. Index