by Joseph R. Petrucelli (Author)
A savvy examination of where people and value meet, creating the opportunity for fraud
An essential reference for all business professionals, Detecting Fraud in Organizations: Techniques, Tools, and Resources explains the process of how people commit fraud, as well as how to prevent and stop fraud from occurring in your organization. Organized by business processes which succinctly describe how fraud manifests itself on a daily basis, the authors explain ways in which everyone can help guard against fraud by familiarizing themselves with its building blocks and methods used to perpetrate and conceal it. Filled with situational examples the book is accompanied by a website featuring fraud simulations, business process maps, and other useful tools for combating fraud.
- Focuses on the people who perpetrate fraud and those who are tasked with preventing and detecting it
- Uniquely organized by business processes for more relevance and easier understanding by those people working within organizations
- Shows how subtle factors play a large role in identifying and ferreting out fraud in addition to the traditional knowledge of fraud schemes giving people and organizations the edge they need to be successful in prevention and deterrence
- Companion website includes additional fraud simulations, business process maps, and useful tools
The price of fraud can be devastating to your business. Detecting Fraud in Organizations: Techniques, Tools, and Resources equips you and others in your organization with essential information and tools necessary to proactively catch fraud, reduce losses, improve efficiencies and develop actionable controls.
Front Jacket
The cost of fraud to an organization goes well beyond dollars and cents. Fraud ruins reputations and lives and brings down even the most successful organizations. Although having a well-designed fraud detection system can significantly reduce the chance of fraud from occurring within your organization, the key to detecting fraud is an understanding of where people and organizational value meet, paving the way for fraud.
Drawing from the author's thirty years providing fraud training and prevention/detection services for professionals, Detecting Fraud in Organizations: Techniques, Tools, and Resources is designed to get you proactively thinking about fraud from a new perspective. Straightforward, simple, and entertaining in presentation, this unique book focuses on the people in today's organizations and on pinpointing how the value within those organizations is exposed to fraud.
Featuring a companion website with additional fraud case studies and business process maps, this practical, hands-on guide explores:
- Fraud and why it keeps happening
- How to get a handle on transactions
- What happens when someone decides to commit fraud
- The six Ps of successful fraudsters: passion, philosophy, planning, persistence, patience, and prison
- How to build a case--document organization, data analysis, and lifestyle analysis
- Fraud control points in the organizational process
Filled with cartoons, pictures, motivational quotes, and one-minute mysteries that creatively help readers to see beyond numbers and instead focus on open, proactive communication with organizational staff, Detecting Fraud in Organizations looks at the people in today's organizations and identifies how and where the value within your organization may potentially be exposed to fraud.
Back Jacket
DETECTING FRAUD IN ORGANIZATIONS
Techniques, Tools, and Resources
The cost of fraud to an organization goes well beyond dollars and cents. Fraud ruins reputations and lives and brings down even the most successful organizations. Although having a well-designed fraud detection system can significantly reduce the chance of fraud from occurring within your organization, the key to detecting fraud is an understanding of where people and organizational value meet, paving the way for fraud.
Drawing from the author's thirty years providing fraud training and prevention/detection services for professionals, Detecting Fraud in Organizations: Techniques, Tools, and Resources is designed to get you proactively thinking about fraud from a new perspective. Straightforward, simple, and entertaining in presentation, this unique book focuses on the people in today's organizations and on pinpointing how the value within those organizations is exposed to fraud.
Featuring a companion website with additional fraud case studies and business process maps, this practical, hands-on guide explores:
- Fraud and why it keeps happening
- How to get a handle on transactions
- What happens when someone decides to commit fraud
- The six Ps of successful fraudsters: passion, philosophy, planning, persistence, patience, and prison
- How to build a case--document organization, data analysis, and lifestyle analysis
- Fraud control points in the organizational process
Filled with cartoons, pictures, motivational quotes, and one-minute mysteries that creatively help readers to see beyond numbers and instead focus on open, proactive communication with organizational staff, Detecting Fraud in Organizations looks at the people in today's organizations and identifies how and where the value within your organization may potentially be exposed to fraud.
Author Biography
JOSEPH R. PETRUCELLI, CPA/CFF, FCPA, CVA, CFFA, PSA, CFE, is a founding partner of PP&D Accounting Services, Inc., and Fraud Forces, Inc., where he provides forensic accounting, tax, and consulting services, including testifying and preparing for trial as a qualified expert. He is also an adjunct professor teaching accounting and taxation-related courses, including advanced forensic accounting. He was part of the development team on the fraud risk management and detection certification curriculum of Consultants' Training Institute (CTI), a division of the National Association of Certified Valuators and Analysts (NACVA).