Fraud Examination Casebook with Documents

Preface

Professors of graduate and undergraduate Fraud Examination courses often instruct students from a survey‐level textbook and, if available, supplement their course with guest lecturers who work in the field. Those new to Fraud Examination often simply read a Fraud Examination textbook, specialized book dealing with some aspect of fraud, or study for the CFE Exam. Students usually complete a typical Fraud Examination course with general knowledge of complex human behaviors like greed and deception, a broad understanding of what fraud is and how fraud is committed, prevented, and resolved. However, they gain little or no hands‐on experience using life‐like accounting documents, databases, or witness interviews. They also do not learn how to apply Fraud Examination techniques like horizontal, vertical, and ratio analysis. Learning Fraud Examination theory is not enough to do the job effectively; “knowing” is different from “applying.”

This casebook was developed with a hands‐on concept similar to that used to train federal special agents. It provides students and those new to Fraud Examination with cases based on real Fraud Examinations. The exercises take them from predication (e.g., receipt of allegations given in a case scenario) through producing a written report, schedules, and court‐room ready audio‐visuals, which are ready for examination and cross‐examination by attorneys in depositions, hearings, or trials. It gives the students and those new to Fraud Examination ...