O'Reilly logo

Principles of Fraud Examination, 4th Edition by Joseph T. Wells

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

images

EXHIBIT 4-1

CHAPTER 4

BILLING SCHEMES

LEARNING OBJECTIVES

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

CASE STUDY: MEDICAL SCHOOL TREATS FRAUD AND ABUSE1

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 ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required