Title Details

About the ACFE.

1 Introduction.

Defining Occupational Fraud and Abuse.

Research in Occupational Fraud and Abuse.

The 2010 Report to the Nations on Occupational Fraud and Abuse.

Notes.

Part I Asset Misappropriations.

2 Introduction to Asset Misappropriations.

Overview.

Definition of Assets.

How Asset Misappropriations Affect Books of Account.

Notes.

3 Skimming.

Overview.

Skimming Data from ACFE 2009 Global Fraud Survey.

Unrecorded Sales.

Understated Sales and Receivables.

Theft of Checks through the Mail.

Short-Term Skimming.

Converting Stolen Checks.

Concealing the Fraud.

Detection.

Prevention.

Notes.

4 Cash Larceny.

Overview.

Cash Larceny Data from ACFE 2009 National Fraud Survey.

Incoming Cash.

Cash Larceny from the Deposit.

Miscellaneous Larceny Schemes.

Detection.

Prevention.

5 Check Tampering.

Overview.

Check Tampering Data from ACFE 2009 National Fraud Survey.

Forged Maker Schemes.

Intercepted Checks.

Forged Endorsement Schemes.

Altered Payee Schemes.

Concealed Check Schemes.

Authorized Maker Schemes.

Concealment.

Detection.

Prevention.

Electronic Payment Tampering.

Prevention and Detection.

Notes.

6 Register Disbursement Schemes.

Overview.

Register Disbursement Data from ACFE 2009 Global Fraud Survey.

False Refunds.

False Voids.

Concealing Register Disbursements.

Detection.

Prevention.

7 Billing Schemes.

Overview.

Billing Scheme Data from ACFE 2009 Global Fraud Survey.

Cash-Generating Schemes.

Invoicing via Shell Companies.

Invoicing via Nonaccomplice Vendors.

Personal Purchases with Company Funds.

Detection.

Prevention.

8 Payroll and Expense  Reimbursement Schemes.

Overview.

Payroll Scheme Data from ACFE 2009 Global Fraud Survey.

Payroll Schemes.

Expense Reimbursement Data from ACFE 2009 Global Fraud Survey.

Expense Reimbursement Schemes.

Detection of Payroll Schemes.

Detection of Expense Reimbursement Schemes.

Prevention of Payroll Schemes.

Prevention of Expense Reimbursement Schemes.

9 Inventory and Other Assets.

Overview: NonCash Misappropriation Data from ACFE 2009 Global Fraud Survey.

Misuse of Inventory and Other Assets.

Theft of Inventory and Other Assets.

Concealment.

Detection.

Prevention.

Misappropriation of Intangible Assets.

Note.

Part II Corruption.

10 Bribery.

Overview.

Corruption Data from ACFE 2009 Global Fraud Survey.

Bribery Schemes.

Something of Value.

Economic Extortion.

Illegal Gratuities.

Detection.

Prevention.

Notes.

11 Conflicts of Interest.

Overview.

Purchasing Schemes.

Sales Schemes.

Other Schemes.

Detection.

Prevention.

Note.

Part III Fraudulent Statements.

12 Fraudulent Statements.

Introduction.

Fraud in Financial Statements.

Major Generally Accepted Accounting Principles.

Responsibility for Financial Statements.

Users of Financial Statements.

Types of Financial Statements.

The Sarbanes-Oxley Act.

Financial Statement Fraud Data from ACFE 2009 Global Fraud Survey.

Notes.

13 Fraudulent Financial Statement Schemes.

Methods of Financial Statement Fraud.

Fictitious Revenues.

Timing Differences.

Concealed Liabilities and Expenses.

Improper Disclosures.

Improper Asset Valuation.

Detection of Fraudulent Financial Statement Schemes.

Prevention of Financial Statement Fraud.

14 Occupational Fraud and Abuse: The Big Picture.

Defining Abusive Conduct.

Measuring the Level of Occupational Fraud and Abuse.

Understanding Fraud Deterrence.

The Corporate Sentencing Guidelines.

The Ethical Connection.

Concluding Thoughts.

Notes.

Appendix: Code of Business Ethics and Conduct (A Sample).

Introduction.

Conflicts of Interest.

Company Assets.

Political Contributions.

Employee Conduct.

Compliance Letter and Conflict of Interest Questionnaire.

Bibliography.

Index.