Skip to Main Content
Principles of Fraud Examination, 4th Edition
book

Principles of Fraud Examination, 4th Edition

by Joseph T. Wells
October 2013
Beginner content levelBeginner
544 pages
20h 52m
English
Wiley
Content preview from Principles of Fraud Examination, 4th Edition

images

EXHIBIT 8-1

CHAPTER 8

REGISTER DISBURSEMENT SCHEMES

LEARNING OBJECTIVES

After studying this chapter, you should be able to:

8-1 Explain what constitutes a register disbursement scheme
8-2 Differentiate register disbursements from skimming and cash larceny schemes
8-3 List the two basic categories of register disbursements
8-4 Explain how false refund schemes are committed
8-5 Explain how false void schemes are committed
8-6 Understand how register disbursement schemes cause shrinkage
8-7 Discuss the methods by which fraudulent register disbursements are concealed
8-8 Understand the methods identified in this chapter for preventing and detecting register disbursement schemes
8-9 Be familiar with proactive audit tests that can be used to detect register disbursement schemes

CASE STUDY: DEMOTION SETS FRAUD IN MOTION1

Following a demotion and consequent pay cut, Bob Walker silently vowed to even the score with his employer. In six months Walker racked up $10,000 in ill-gotten cash from his employer, who was caught completely off-guard, before someone blew the whistle.

The whistleblower was Emily Schlitz, who worked weekends as a backup bookkeeper at a unit of Thrifty PayLess, a chain of 1,000 discount drugstores crossing ten Western states.

One October, while reviewing her store's refund log, Schlitz noticed an unusually large number of protocol breaches by ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Forensic Accounting and Fraud Examination, 2nd Edition

Forensic Accounting and Fraud Examination, 2nd Edition

Mary-Jo Kranacher, Richard Riley

Publisher Resources

ISBN: 9781118582886Purchase book