October 2013
Beginner
544 pages
20h 52m
English

EXHIBIT 4-1
After studying this chapter, you should be able to:
| 4-1 | List the five major categories of fraudulent disbursements |
| 4-2 | Define billing schemes |
| 4-3 | List the three categories of billing schemes |
| 4-4 | Understand what a shell company is and how it is formed |
| 4-5 | List and understand the four ways false invoices are approved for payment |
| 4-6 | Understand why most shell company schemes involve the purchase of services rather than goods |
| 4-7 | Understand how a pass-through scheme differs from the usual shell company schemes |
| 4-8 | Be familiar with the methods identified in this chapter for preventing and detecting shell company schemes |
| 4-9 | Understand how pay-and-return schemes work |
| 4-10 | Understand how nonaccomplice vendor schemes work |
| 4-11 | Be familiar with the methods identified in this chapter for preventing and detecting nonaccomplice vendor schemes |
| 4-12 | Understand how personal purchases schemes work |
| 4-13 | Be familiar with the methods identified in this chapter for preventing and detecting personal purchases schemes |
| 4-14 | Be familiar with proactive audit tests that can be used to detect billing schemes |
Fraud seemed to plague a certain Southeastern medical college, with one bad case erupting after another. One supervisor's minor transgression opened a Pandora's ...