{"product_id":"internal-control-anti-fraud-program-design-for-the-small-business-isbn-9781119065074","title":"Internal Control\/Anti-Fraud Program Design for the Small Business","description":"\u003cb\u003eA how-to guide to small business anti-fraud protection and internal control\u003c\/b\u003e \u003cp\u003e\u003ci\u003eInternal Control\/Anti-Fraud Program Design for the Small Business\u003c\/i\u003e is a practical guide to protection for businesses NOT subject to the Sarbanes-Oxley Act. Written by an expert with three decades of forensic investigation experience, this book is geared specifically toward private, non-public small businesses and their unique needs in the realm of fraud protection. Covering all elements of an internal control structure applicable to the small business community, this guide provides a step-by-step roadmap for designing and implementing an effective, efficient internal control structure\/anti-fraud program tailored to your business's particular needs. Case studies are used throughout to illustrate internal control weaknesses and the fraud that can result, and follow-up analysis describes the controls that would have reduced the probability of fraud had they been in place. You'll learn how to analyze your company's internal control issues, and implement a robust system for fraud prevention. \u003c\/p\u003e\u003cp\u003eGuidance toward Sarbanes-Oxley compliance is readily available, but there is little information available for the many businesses not subject to the act —until now. This book is the step-by-step guide for instituting an internal control program tailored to your small business. \u003c\/p\u003e\u003cul\u003e \u003cli\u003eUnderstand the five elements of internal control\u003c\/li\u003e \u003cli\u003eAvoid gaps in protection with relevant controls\u003c\/li\u003e \u003cli\u003eDesign the ultimate anti-fraud program\u003c\/li\u003e \u003cli\u003eImplement internal control tailored to your needs\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe majority of small business owners simply do not know the elements of or implementation process involved in internal control, and Sarbanes-Oxley guidelines don't necessarily scale down. \u003ci\u003eInternal Control\/Anti-Fraud Program Design for the Small Business\u003c\/i\u003e helps you design and install the internal control\/anti-fraud protection \u003ci\u003eyour\u003c\/i\u003e business needs. \u003c\/p\u003e\u003cp\u003ePreface: Maybe It’s Time We Get Back to the Basics xi\u003c\/p\u003e \u003cp\u003eAcknowledgments xvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART I: THE ANTI‐FRAUD ENVIRONMENT: THE BLUEPRINTS, THE FOUNDATION, THE GROUND FLOOR\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: The Architect’s Blueprint: Establishing the Framework 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Elements of Anti‐Fraud Program Design 3\u003c\/p\u003e \u003cp\u003eAnti‐Fraud Environment 4\u003c\/p\u003e \u003cp\u003eFraud Risk Assessment 4\u003c\/p\u003e \u003cp\u003eControl Activities 5\u003c\/p\u003e \u003cp\u003eInformation: Program Documentation 6\u003c\/p\u003e \u003cp\u003eCommunication: The Company Fraud Training Program 6\u003c\/p\u003e \u003cp\u003eMonitoring and Routine Maintenance 7\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: Foundational Policies: The Fraud Policy 9\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFoundational Policies 10\u003c\/p\u003e \u003cp\u003eThe Fraud Policy: The Essential Elements of an Effective Fraud Policy 10\u003c\/p\u003e \u003cp\u003eCase Presentation 17\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: Foundational Policies: The Fraud Reporting Policy 19\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Essential Elements of an Effective Fraud Reporting Policy 20\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Foundational Policies: The Expense Reimbursement Policy 29\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCase: “No Questions Asked” 29\u003c\/p\u003e \u003cp\u003eCase: “It Will Never Be Missed” 30\u003c\/p\u003e \u003cp\u003eCase: Larry the Chief Financial Offi cer 31\u003c\/p\u003e \u003cp\u003eThe Elements of an Effective Expense Reimbursement Policy 32\u003c\/p\u003e \u003cp\u003eAppendix 4A: Expense Report Form 39\u003c\/p\u003e \u003cp\u003eAppendix 4B: Supplemental Business Meal and Entertainment Charges Form 40\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: The Ground Floor: The Fraud Risk Assessment Process 41\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGround Rules for Fraud Risk Assessment 42\u003c\/p\u003e \u003cp\u003eAn Example of Risk Assessment 43\u003c\/p\u003e \u003cp\u003eProcedural Steps for Performing a Fraud Risk Assessment 44\u003c\/p\u003e \u003cp\u003eCash in Bank 48\u003c\/p\u003e \u003cp\u003eCase: The Trail Is Gone 50\u003c\/p\u003e \u003cp\u003eCase: Friends in Low Places 51\u003c\/p\u003e \u003cp\u003eAsset Misappropriation 52\u003c\/p\u003e \u003cp\u003eCorruption 53\u003c\/p\u003e \u003cp\u003eFinancial Statement Fraud 53\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART II: ANTI‐FRAUD CONTROL ACTIVITIES: RAISING THE WALLS\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: Control Activities: The Absolutes 57\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCritical Principles of Control Activity Design 57\u003c\/p\u003e \u003cp\u003eFoundational Control Activities 59\u003c\/p\u003e \u003cp\u003eCase: The Mail Drop in Las Vegas 64\u003c\/p\u003e \u003cp\u003eAppendix 6A: Confl ict of Interest Form 67\u003c\/p\u003e \u003cp\u003eAppendix 6B: New Vendor Establishment Form 68\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Control Activities: The Segregation of Duties Dilemma 69\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBut I Only Have Two Employees 69\u003c\/p\u003e \u003cp\u003ePrevention versus Detection Controls 70\u003c\/p\u003e \u003cp\u003eThe Necessary Review Processes 72\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: Control Activities: General Processes 75\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTwo Operational Questions 75\u003c\/p\u003e \u003cp\u003eCommon Control Activities 81\u003c\/p\u003e \u003cp\u003eCase: The Cell Phone Reimbursement 91\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: Control Activities: Specific Control Areas 95\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFinancial Statement Line Item Control Activities 95\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART III: COMPLETING THE ANTI‐FRAUD PROGRAM: THE CEILING, THE ROOF, AND ROUTINE MAINTENANCE\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: The Ceiling: Documenting the Anti‐Fraud Program 103\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInformation 103\u003c\/p\u003e \u003cp\u003eDocumentation—Keeping It Simple 104\u003c\/p\u003e \u003cp\u003eThe Elements of High‐Quality Documentation 104\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11: The Ceiling: The Company Fraud Training Program 111\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Elements of Effective Communication 112\u003c\/p\u003e \u003cp\u003eThe Company Fraud Training Program 114\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12: The Roof: Monitoring and Routine Maintenance 119\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMonitoring and Routine Maintenance Defi ned 120\u003c\/p\u003e \u003cp\u003eThe Monitoring and Routine Maintenance Structure 120\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13: The Sample Anti‐Fraud Program 129\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAppendix 13A: Fraud Risk Assessment Framework Form 137\u003c\/p\u003e \u003cp\u003eAppendix 13B: Control Activities Form 138\u003c\/p\u003e \u003cp\u003eAppendix 13C: Documentation of Control Activities 139\u003c\/p\u003e \u003cp\u003eAppendix 13D: Compliance Audit Programs and Related Compliance Audit Working Papers 154\u003c\/p\u003e \u003cp\u003eAppendix A: The Fraud Policy 171\u003c\/p\u003e \u003cp\u003eAppendix B: The Fraud Reporting Policy 175\u003c\/p\u003e \u003cp\u003eAppendix C: The Expense Reimbursement Policy 179\u003c\/p\u003e \u003cp\u003eAppendix D: Forms 185\u003c\/p\u003e \u003cp\u003eAbout the Author 193\u003c\/p\u003e \u003cp\u003eIndex 195\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eSTEVE DAWSON, CPA,\u003c\/b\u003e \u003cb\u003eCFE,\u003c\/b\u003e is president and founder of Dawson Forensic Group, a firm devoted to the investigation of fraud and the education of the small business community in internal control\/anti-fraud program design and implementation. For the past thirty years, he has performed forensic investigations and related forensic services for various businesses and agencies. He is a nationally recognized speaker in fraud detection, prevention, and internal control design methodologies. He is a graduate of Texas Tech University with a Bachelor's of Science degree in Accounting and holds a certified public accountant certificate in Texas as well as a certificate as a certified fraud examiner.    \u003c\/p\u003e\u003cp\u003e\u003ci\u003eInternal Control\/Anti-Fraud Program Design for the Small Business\u003c\/i\u003e offers a much-needed and practical guide for designing and implementing an internal control and anti-fraud program that meets the needs of private, nonpublic small businesses that are not subject to the complex Sarbanes-Oxley Act. In it, author and forensic accounting expert Steve Dawson shows how to construct an effective and efficient anti-fraud program that relies on \u003ci\u003esimple practicality.\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003eStep by step, the author outlines the six elements of an effective anti-fraud program design—anti-fraud environment, fraud risk assessment, control activities, information, communication, and monitoring and routine maintenance. Dawson reveals how each of the six elements combine to create a solid framework built on reliable internal controls that are proven fraud deterrents. \u003c\/p\u003e\u003cp\u003eThe myriad illustrations and compelling cases presented in \u003ci\u003eInternal Control\/Anti- Fraud Program Design for the Small Business\u003c\/i\u003e provide an analysis of the internal control weaknesses that can lead to fraudulent behavior. Dawson also explores the relevant controls that serve to reduce the probability of the occurrence of fraud. The controls are summarized according to the five elements of an internal control structure so that leaders can learn how to document their anti-fraud programs. \u003c\/p\u003e\u003cp\u003eDawson includes the information and strategies needed for companies to monitor and maintain their business for compliance with their anti-fraud program. He stresses the vital importance of assessing the effectiveness and efficiency of an anti-fraud program. All programs are fluid and need to be updated as changes in operational aspects of the business change. The proper monitoring of an established program will show where to direct routine maintenance. \u003c\/p\u003e\u003cp\u003eUsing this book as a guide, any small busi- ness can create a sound, well-thought-out anti-fraud program specifically tailored to its needs.   \u003c\/p\u003e\u003cp\u003eI\u003ci\u003enternal Control\/Anti-Fraud Program Design for the Small Business\u003c\/i\u003e offers a much-needed and practical guide for designing and implementing an internal control and anti-fraud program that meets the needs of private, nonpublic small businesses that are not subject to the complex Sarbanes-Oxley Act. In it, author and forensic accounting expert Steve Dawson shows how to construct an effective and efficient anti-fraud program that relies on \u003ci\u003esimple practicality.\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003eStep by step, the author outlines the six elements of an effective anti-fraud program design—anti-fraud environment, fraud risk assessment, control activities, information, communication, and monitoring and routine maintenance. Dawson reveals how each of the six elements combine to create a solid framework built on reliable internal controls that are proven fraud deterrents. \u003c\/p\u003e\u003cp\u003eThe myriad illustrations and compelling cases presented in \u003ci\u003eInternal Control\/Anti-Fraud Program Design for the Small Business\u003c\/i\u003e provide an analysis of the internal control weaknesses that can lead to fraudulent behavior. Dawson also explores the relevant controls that serve to reduce the probability of the occurrence of fraud. The controls are summarized according to the five elements of an internal control structure so that leaders can learn how to document their anti-fraud programs. \u003c\/p\u003e\u003cp\u003eDawson includes the information and strategies needed for companies to monitor and maintain their business for compliance with their anti-fraud program. He stresses the vital importance of assessing the effectiveness and efficiency of an anti-fraud program. All programs are fluid and need to be updated as changes in operational aspects of the business change. The proper monitoring of an established program will show where to direct routine maintenance. \u003c\/p\u003e\u003cp\u003eUsing this book as a guide, any small business can create a sound, well-thought-out anti-fraud program specifically tailored to its needs.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989445591269,"sku":"NP9781119065074","price":65.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119065074.jpg?v=1761784128","url":"https:\/\/k12savings.com\/es\/products\/internal-control-anti-fraud-program-design-for-the-small-business-isbn-9781119065074","provider":"K12savings","version":"1.0","type":"link"}