{"product_id":"expert-fraud-investigation-isbn-9780470387962","title":"Expert Fraud Investigation","description":"A fraud investigation is aimed at examining evidence to determine if a fraud occurred, how it happened, who was involved, and how much money was lost. Investigations occur in cases ranging from embezzlement, to falsification of financial statements, to suspicious insurance claims. Expert Fraud Investigation: A Step-by-Step Guide provides all the tools to conduct a fraud investigation, detailing when and how to investigate. This guide takes the professional from the point of opening an investigation, selecting a team, gathering data, and through the entire investigation process. Business executives, auditors, and security professionals will benefit from this book, and companies will find this a useful tool for fighting fraud within their own organizations. \u003cp\u003ePreface xv\u003c\/p\u003e \u003cp\u003eAcknowledgments xvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Finding Fraud 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSigns of Fraud 1\u003c\/p\u003e \u003cp\u003eLooking for Suspects 9\u003c\/p\u003e \u003cp\u003eEvaluating Fraud Tips 11\u003c\/p\u003e \u003cp\u003eShould You Investigate? 12\u003c\/p\u003e \u003cp\u003eConfronting Suspects 13\u003c\/p\u003e \u003cp\u003eSkills of a Fraud Investigator 14\u003c\/p\u003e \u003cp\u003eDifferences between Audits and Investigations 16\u003c\/p\u003e \u003cp\u003eConducting a Fraud Investigation 19\u003c\/p\u003e \u003cp\u003eNotes 19\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Beginning the Investigation 21\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAssessing the Engagement 22\u003c\/p\u003e \u003cp\u003eMaking Recommendations 26\u003c\/p\u003e \u003cp\u003eBudgeting and Cost Control 28\u003c\/p\u003e \u003cp\u003eFees 30\u003c\/p\u003e \u003cp\u003eBilling Practices 35\u003c\/p\u003e \u003cp\u003eEngagement Letters 36\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Managing the Case 39\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAssembling the Team: Where to Start 40\u003c\/p\u003e \u003cp\u003eAssembling the Team: Company Insiders 41\u003c\/p\u003e \u003cp\u003eAssembling the Team: Key Participants 43\u003c\/p\u003e \u003cp\u003eAssembling the Team: Outside Consultants 44\u003c\/p\u003e \u003cp\u003eImportance of Credentials 45\u003c\/p\u003e \u003cp\u003eManagement and Supervision of Staff 46\u003c\/p\u003e \u003cp\u003eWork Programs and Checklists 47\u003c\/p\u003e \u003cp\u003eDocument Management 48\u003c\/p\u003e \u003cp\u003ePreserving Evidence 50\u003c\/p\u003e \u003cp\u003eFile Maintenance 52\u003c\/p\u003e \u003cp\u003eInvestigative Software 54\u003c\/p\u003e \u003cp\u003eProfessional Standards 54\u003c\/p\u003e \u003cp\u003eWhen to Stop Investigating 57\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Searching for Fraud 59\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAnalytical Review 60\u003c\/p\u003e \u003cp\u003eKey Financial Ratios 61\u003c\/p\u003e \u003cp\u003eWrite-offs, Adjustments, and Miscellaneous 65\u003c\/p\u003e \u003cp\u003eManual Disbursements 67\u003c\/p\u003e \u003cp\u003eWhat about Financial Statement Audits? 68\u003c\/p\u003e \u003cp\u003eLooking for Fraud in Little Things 70\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Sources of Information 73\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWho Acquires Information 73\u003c\/p\u003e \u003cp\u003eInternal Records 75\u003c\/p\u003e \u003cp\u003ePrivate Records 77\u003c\/p\u003e \u003cp\u003ePublic Records 82\u003c\/p\u003e \u003cp\u003eThe Internet and Search Engines 91\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Investigative Techniques 93\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCorporate Background Checks 94\u003c\/p\u003e \u003cp\u003eIndividual Background Checks 94\u003c\/p\u003e \u003cp\u003eSearching for Friends, Family, and Associates 95\u003c\/p\u003e \u003cp\u003eSurveillance 96\u003c\/p\u003e \u003cp\u003eDigital Data Analysis 97\u003c\/p\u003e \u003cp\u003eComputer Forensics 99\u003c\/p\u003e \u003cp\u003eInterviewing Witnesses and Suspects 99\u003c\/p\u003e \u003cp\u003eConfirmation with Customers and Vendors 104\u003c\/p\u003e \u003cp\u003eCreativity and the Fraud Investigator 106\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Investigation of Asset Misappropriation Schemes 107\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCash Receipts Schemes 108\u003c\/p\u003e \u003cp\u003eDisbursement Schemes 113\u003c\/p\u003e \u003cp\u003eNoncash Schemes 129\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Investigation of Financial Statement Fraud 133\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRevenue Overstatement 134\u003c\/p\u003e \u003cp\u003eChannel Stuffing 137\u003c\/p\u003e \u003cp\u003eRound-Tripping 138\u003c\/p\u003e \u003cp\u003eAsset Overstatement 139\u003c\/p\u003e \u003cp\u003eLiability and Expense Understatement 143\u003c\/p\u003e \u003cp\u003eReserve Manipulation 147\u003c\/p\u003e \u003cp\u003eMisrepresentation or Omission of Information 148\u003c\/p\u003e \u003cp\u003eImproper Recording of Mergers and Acquisitions 149\u003c\/p\u003e \u003cp\u003eOff-Balance-Sheet Items 150\u003c\/p\u003e \u003cp\u003eAccounting Involves Judgment and Estimates 151\u003c\/p\u003e \u003cp\u003eEarnings Management 152\u003c\/p\u003e \u003cp\u003eNote 152\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Investigation of Corruption Schemes 153\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBribes 154\u003c\/p\u003e \u003cp\u003eKickbacks 155\u003c\/p\u003e \u003cp\u003eExtortion and Conflict of Interest 156\u003c\/p\u003e \u003cp\u003eRelated-Party Transactions 156\u003c\/p\u003e \u003cp\u003eMoney Laundering 158\u003c\/p\u003e \u003cp\u003eForeign Corrupt Practices Act (FCPA) 160\u003c\/p\u003e \u003cp\u003ePrevention and Detection 161\u003c\/p\u003e \u003cp\u003eNote 162\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Investigation of External Fraud Schemes 163\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCorporate Espionage 163\u003c\/p\u003e \u003cp\u003eInvestment Schemes 165\u003c\/p\u003e \u003cp\u003ePyramid or Ponzi Schemes 167\u003c\/p\u003e \u003cp\u003eSecurities Fraud 169\u003c\/p\u003e \u003cp\u003eHidden Income or Assets 170\u003c\/p\u003e \u003cp\u003eInsurance Fraud 173\u003c\/p\u003e \u003cp\u003eBankruptcy Fraud 174\u003c\/p\u003e \u003cp\u003eNote 175\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Reporting and Litigation 177\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eStick to the Facts 178\u003c\/p\u003e \u003cp\u003eKeep It Simple 178\u003c\/p\u003e \u003cp\u003eBackground Information 179\u003c\/p\u003e \u003cp\u003eInvestigation Procedures 181\u003c\/p\u003e \u003cp\u003eOpinions 182\u003c\/p\u003e \u003cp\u003eAttachments 183\u003c\/p\u003e \u003cp\u003eDraft Reports 184\u003c\/p\u003e \u003cp\u003eUnfavorable Opinions 185\u003c\/p\u003e \u003cp\u003eFollow-up to the Fraud Investigator’s Work 186\u003c\/p\u003e \u003cp\u003eBeing an Expert Witness 189\u003c\/p\u003e \u003cp\u003ePreparing for Testimony 189\u003c\/p\u003e \u003cp\u003eDeposition Testimony 191\u003c\/p\u003e \u003cp\u003eTrial Testimony 194\u003c\/p\u003e \u003cp\u003eNote 195\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 Other Issues 197\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMoving Forward as a Company 197\u003c\/p\u003e \u003cp\u003ePreventing Future Frauds 199\u003c\/p\u003e \u003cp\u003eMarketing a Fraud Investigation Practice 201\u003c\/p\u003e \u003cp\u003eCompeting with Other Firms 202\u003c\/p\u003e \u003cp\u003eConducting a Global Investigation 203\u003c\/p\u003e \u003cp\u003eProfessional Liability Issues 204\u003c\/p\u003e \u003cp\u003eReducing Fraud with Investigations 206\u003c\/p\u003e \u003cp\u003eNote 207\u003c\/p\u003e \u003cp\u003eAppendix 209\u003c\/p\u003e \u003cp\u003eIndex 215\u003c\/p\u003e \u003cb\u003eTracy L. Coenen, CPA, MBA, CFE\u003c\/b\u003e is a fraud expert and President of Sequence Inc., a forensic accounting firm with offices in Milwaukee and Chicago. She conducts financial investigations for private and public companies, reports her findings to executives and boards of directors, and testifies in court as an expert witness. She has provided fraud-related commentary to television and print media. Her commentary has been featured on NBC news and on CNBC's personal finance show, \u003ci\u003eOn the Money,\u003c\/i\u003e and her comments have been printed in the \u003ci\u003eWall Street Journal, USA Today, BusinessWeek.com,\u003c\/i\u003e CBSNews.com, and Entrepreneur.com, among others. Tracy writes articles on fraud for national business publications including \u003ci\u003eFraud Magazine.\u003c\/i\u003e  Expert Fraud Investigation  \u003cp\u003eA Step-by-Step Guide\u003c\/p\u003e \u003cp\u003eA sharp, savvy examination of financial fraud, \u003ci\u003eExpert Fraud Investigation: A Step-by-Step Guide\u003c\/i\u003e is one of the few books to take the leap from theoretical discussion to the actual nuts and bolts of performing an investigation. Fraud expert Tracy Coenen offers an insider look at many of the most common types of fraud cases and points out some of the best methods for analyzing the books and records to search for proof of fraud.\u003c\/p\u003e \u003cp\u003eAn invaluable tool to help professionals understand how financial fraud occurs in an organization and what to do when it is found or suspected, all the guidance needed to uncover corporate fraud is here, from the point of opening an investigation, selecting a team, through the entire investigative process, including:\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eThe most common fraud schemes\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eThe difference between audits and investigations\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eEffectively managing the investigation\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eLooking for fraud in little things\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eUsing public and private records in investigations\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eGetting creative as a fraud investigator\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eUncovering asset misappropriation schemes, financial statement fraud, corruption schemes, and external fraud schemes\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eHow to prevent fraud from happening in the first place\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eDoes your organization need to conduct a fraud investigation? Who needs to be involved? \u003ci\u003eExpert Fraud Investigation\u003c\/i\u003e gives you access to all the necessary background on fraud, the various types of fraud investigations, as well as the legalities involved. Making a difficult undertaking more manageable, this essential book arms you with the tools to take your organization step by step through the process of an effective fraud investigation.\u003c\/p\u003e  Praise for Expert Fraud Investigation  \u003cp\u003e\"Fraud is a constant evil that attacks businesses, consumers, and government. The financial and reputational impact of fraud can be devastating, but education and awareness are key weapons in the war on this crime. With this new book, Tracy Coenen delivers an excellent primer on the many fraud schemes as well as practical investigative techniques to detect and prevent fraud.\"\u003cbr\u003e \u003cb\u003e—Martin T. Biegelman, Director of Financial Integrity, Microsoft Corporation\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\"The lack of effective fraud training by auditors made my job easier as the criminal CFO of Crazy Eddie. I was lucky, since Tracy Coenen was too young to be a forensic accountant back in my criminal days. Acclaimed forensic accountant Tracy Coenen's fraud investigation book will cause many criminals to take early involuntary retirement or be forced out of business.\"\u003cbr\u003e \u003cb\u003e—Sam E. Antar, WhiteCollarFraud.com\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\"In \u003ci\u003eExpert Fraud Investigation\u003c\/i\u003e, Tracy Coenen does an excellent job of educating the reader on a wide variety of fraud schemes and providing a step-by-step process on how to conduct a fraud investigation. This is a must-read for anyone who wants to learn more about the basics of how to prevent, detect, and investigate fraud.\"\u003cbr\u003e \u003cb\u003e—Cynthia Cooper, Author of Extraordinary Circumstances: The Journey of a Corporate Whistleblower\u003c\/b\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989186363621,"sku":"NP9780470387962","price":73.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470387962.jpg?v=1761783135","url":"https:\/\/k12savings.com\/es\/products\/expert-fraud-investigation-isbn-9780470387962","provider":"K12savings","version":"1.0","type":"link"}