CHAPTER1 Fraud Definitions, Models, and Taxonomies

Introduction

Classic Fraud Research

Fraud Triangle

Scope of Fraud

Profile of Fraudsters

Who Is Victimized by Fraud Most Often?

Fraud Taxonomies

Evolution of a Typical Fraud

Chaptar2 Fundamentals of Fraud Audlting and Forensic Accounting

Introduction

Brief History of Fraud and the Antifraud Profession

Review of Technical Literature

Auditor's Mind-Set

What Is Forensic Accounting?

Steps in Fraud Investigation

What Is Fraud Auditing?

Antifraud Professional Organizations and Certifications

Summary

CHAPTER3 Auditor Liability for Dotecting Fraud

Introduction

Recent Developments in Auditor Liability

Summary

CHAPTER4 Fraud Schemes

Introduction

ACFE Fraud Tree

Financial Statement Schemes

Corruption Schemes

Asset Misappropriation Schemes

Summary

CHAPTER5 Red Flags and Fraud Detection

Introduction

Professional Standards

Common Red Flags

Common Detection Methods

Specific Red Flags and Detection Methods

Corruption Schemes

Asset Misappropriation Schemes

Fraud Detection Model

Summary

CHAPTER6 Fraud and CAATs

Introduction

Benefits of CAATs

Fraud and CAAT Issues

Need for Computer Tools

Sample Tools/CAATs

CAAT Methodology

Summary

CHAPTER7 Fraud Prevention and Control

Introduction

Perception of Detection

Classic Approaches

Prevention Environment

Prevention Measures

Accounting Cycles

Summary

CHAPTER8 Fraud Risk Assessment

Introduction

Risk Assessment Process and Documentation

Risk Management Checklists and Documentation

Special Cases

Summary

CHAPTER9 Fraud and the Accounting Information System

Introduction

Accounting Concepts

Expenditures Cycle (Purchases and Disbursements)

Bank Reconciliation

General Ledger

Cash Path

Segregation of Duties

Computerized Accounting Systems

Key Personnel

Computer Hardware

Computer Software

Media Storage

New Forms of Media

Paper and Microfilm

Audit Trail Concept

CHAPTER10 Computer-Related Fraud

Introduction

History and Evolution of Computer-Related Crimes

Computer-Related Fraud Theories and Principles

Characteristics of the Computer Environment

Information Security (InfoSec)

Profiling Internet Fraudsters

Summary

CHAPTER11 Forensic Accountant as an Expert Witness

Introduction

Role of a Forensic Accountant as a Witness in Court

Forensic Accountant as an Expert Witness

Qualification and Admissibility of Accounting Evidence

Expert's Role in the Litigation Team

Pretestimony Activities

Trial and Testimony

Summary

Appendix 11A

CHAPTER12 General Criteria and Standards for Evaluating an Expert'g Qualifications

Introduction

Credentials

Personal Qualities of the Expert

Sources for Locating Expert Witnesses

Distinguishing the Actual Area of Competence

Summary

CHAPTER13 Gatherlng Evldence

Introduction

Rules of Evidence

Hearsay Exceptions

Other Rules of Evidence

Index