{"product_id":"the-fraud-audit-isbn-9780470647264","title":"The Fraud Audit","description":"Essential guidance for creation of an effective fraud audit program in core business systems  \u003cp\u003eThe Association of Certified Fraud Examiners has reported that U.S. businesses lose up to $4 billion annually due to fraud and abuse. Discover fraud within your business before yours becomes another business fraud statistic. The Fraud Audit provides a proven fraud methodology that allows auditors to discover fraud versus investigating it.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eExplains how to create a fraud audit program\u003c\/li\u003e \u003cli\u003eShows auditors how to locate fraud through the use of data mining\u003c\/li\u003e \u003cli\u003eFocuses on a proven methodology that has actually detected fraudulent transactions\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eTake a look inside for essential guidance for fraud discovery within specific corporate F\u0026amp;A functions, such as disbursement, procurement, payroll, revenue misstatement, inventory, journal entries, and management override.\u003c\/p\u003e \u003cp\u003ePreface xi\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: What Is a Fraud Audit? 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy Respond to Fraud Risk? 3\u003c\/p\u003e \u003cp\u003eThe Fraud Paradigm 4\u003c\/p\u003e \u003cp\u003eFraud Auditing 5\u003c\/p\u003e \u003cp\u003eFraud Defined 8\u003c\/p\u003e \u003cp\u003eThe Fraud Triangle 8\u003c\/p\u003e \u003cp\u003eResponses to the Risk of Fraud 12\u003c\/p\u003e \u003cp\u003eSummary 13\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: Professional Standards 15\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOverview 16\u003c\/p\u003e \u003cp\u003eFraud Audit Standards 18\u003c\/p\u003e \u003cp\u003eSummary 25\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: Fraud Scenarios 27\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eKey Definitions and Terms 28\u003c\/p\u003e \u003cp\u003eFraud Risk Structure 30\u003c\/p\u003e \u003cp\u003eClassifying Fraud 32\u003c\/p\u003e \u003cp\u003eIdentifying Fraud Scenarios 41\u003c\/p\u003e \u003cp\u003eFraud Audit Considerations 46\u003c\/p\u003e \u003cp\u003eSummary 51\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Brainstorming: The Implementation of Professional Standards 53\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Is Brainstorming? 54\u003c\/p\u003e \u003cp\u003eWhen to Brainstorm 56\u003c\/p\u003e \u003cp\u003eSummary 66\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: Assessment of Fraud Likelihood 69\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePreparing a Fraud Risk Assessment 69\u003c\/p\u003e \u003cp\u003eSummary 81\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: Building the Fraud Audit Program 83\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTraditional Audit versus the Fraud Audit 84\u003c\/p\u003e \u003cp\u003eResponding to the Risk of Fraud 84\u003c\/p\u003e \u003cp\u003eA Fraud Audit Program 85\u003c\/p\u003e \u003cp\u003eTesting Procedures 89\u003c\/p\u003e \u003cp\u003eFraud Concealment Effect on the Audit Response 97\u003c\/p\u003e \u003cp\u003eAudit Evidence Issues 103\u003c\/p\u003e \u003cp\u003eFraud Scenario Examples 105\u003c\/p\u003e \u003cp\u003eSummary 110\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Data Mining for Fraud 111\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Art and Science of Data Mining 112\u003c\/p\u003e \u003cp\u003eStrategies for Data Mining 129\u003c\/p\u003e \u003cp\u003eLimitations of Data Mining 131\u003c\/p\u003e \u003cp\u003eSummary 132\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: Fraud Audit Procedures 133\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBasis of Fraud Audit Procedures 133\u003c\/p\u003e \u003cp\u003eLevels of Fraud Audit Procedures 135\u003c\/p\u003e \u003cp\u003eDesign of Fraud Audit Procedures 138\u003c\/p\u003e \u003cp\u003eSummary 145\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: Document Analysis 147\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDocument Analysis and the Fraud Audit 148\u003c\/p\u003e \u003cp\u003eLevels of Document Examination 148\u003c\/p\u003e \u003cp\u003eDocument Red Flags 150\u003c\/p\u003e \u003cp\u003eBrainstorming Sessions and Document Red Flags 155\u003c\/p\u003e \u003cp\u003eThe Fraud Audit Program and Document Red Flags 156\u003c\/p\u003e \u003cp\u003eSummary 156\u003c\/p\u003e \u003cp\u003eContents \u0026amp; ix\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: Disbursement Fraud 159\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFraud Risk Structure 159\u003c\/p\u003e \u003cp\u003eAudit Approaches 166\u003c\/p\u003e \u003cp\u003eSummary 178\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11: Procurement Fraud 179\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFraud Risk Structure 181\u003c\/p\u003e \u003cp\u003eAudit Procedures 195\u003c\/p\u003e \u003cp\u003eSummary 202\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12: Payroll Fraud 205\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFraud Risk Structure 206\u003c\/p\u003e \u003cp\u003eAudit Procedures 212\u003c\/p\u003e \u003cp\u003eSummary 222\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13: Revenue Misstatement 223\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFraud Risk Structure 224\u003c\/p\u003e \u003cp\u003eAudit Approach 231\u003c\/p\u003e \u003cp\u003eSummary 236\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14: Inventory Fraud 237\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFraud Risk Structure 238\u003c\/p\u003e \u003cp\u003eAudit Procedures 243\u003c\/p\u003e \u003cp\u003eSummary 249\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15: Journal Entry Fraud 251\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFraud Risk Structure 252\u003c\/p\u003e \u003cp\u003eAudit Procedures 261\u003c\/p\u003e \u003cp\u003eSummary 266\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16: Program Management Fraud 269\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFraud Risk Structure 270\u003c\/p\u003e \u003cp\u003eAudit Approach 277\u003c\/p\u003e \u003cp\u003eSummary 282\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17: Quantifying Fraud 283\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eConveying the Impact to Management 284\u003c\/p\u003e \u003cp\u003eRole of Evidence in Calculating a Fraud Loss 287\u003c\/p\u003e \u003cp\u003eImpact on the Fraud Audit 289\u003c\/p\u003e \u003cp\u003eOptions for Management 292\u003c\/p\u003e \u003cp\u003eCase Studies 293\u003c\/p\u003e \u003cp\u003eSummary 296\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendixes 297\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAppendix A 298\u003c\/p\u003e \u003cp\u003eAppendix B 311\u003c\/p\u003e \u003cp\u003eAppendix c 325\u003c\/p\u003e \u003cp\u003eAppendix d 339\u003c\/p\u003e \u003cp\u003eAppendix E 347\u003c\/p\u003e \u003cp\u003eAppendix F 360\u003c\/p\u003e \u003cp\u003eAppendix G 363\u003c\/p\u003e \u003cp\u003eAbout the Author 365\u003c\/p\u003e \u003cp\u003eIndex 367\u003c\/p\u003e  \u003cp\u003e\"Provides tools that can be used by any business.\" (\u003cem\u003eFinance \u0026amp; Management Faculty,\u003c\/em\u003e Sept 2011)    \u003c\/p\u003e\u003cp\u003e\u003cb\u003eLEONARD W. VONA, CPA, CFE,\u003c\/b\u003e is CEO of Fraud Auditing, Inc., and a world-renowned authority in fraud investigation. He has provided expert witness testimony in federal and state courts; consulted with corporations around the world; and is the author of \u003ci\u003eFraud Risk Assessment: Building a Fraud Audit Program,\u003c\/i\u003e published by Wiley. A financial investigator with more than thirty years of diversified auditing and forensic accounting experience, including a distinguished eighteen-year private industry career, he regularly speaks at audit conferences and developed the Fraud Training Curriculum for the MIS Training Institute, an internationally recognized audit training organization.     \u003c\/p\u003e\u003cp\u003e\u003cb\u003eTHE FRAUD AUDIT\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003cb\u003eResponding to the Risk of Fraud in Core Business Systems\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eOffering the guidance, strategy, and tools you need to respond to the very real, ongoing risk of fraud, \u003ci\u003eThe Fraud Audit\u003c\/i\u003e presents a proactive, preventive response to fraud rather than a reactive approach after damage has been done. Revealing how to keep fraud at bay through the Awareness Theory Methodology (ATM)—a vigorous fraud audit framework that will help you and your staff understand the how, why, and where of fraud—this book helps you identify fraudulent transactions that warrant an investigation. \u003c\/p\u003e\u003cp\u003eAuthor Leonard Vona draws on his extensive experience as a financial investigation expert to provide invaluable insight on recognizing fraud scenario potentials from among the millions of transactions in your business's systems. Whether you are an accountant, auditor, or a fraud examiner, this timely book explains how to gather information in identifying fraud risks, assessing those risks, and responding aggressively to them. \u003c\/p\u003e\u003cp\u003eWith an emphasis on fraud occurring within your business's core systems—including procurement, disbursement, payroll, financial statement reporting, inventories, program management, and journal entries—\u003ci\u003eThe Fraud Audit\u003c\/i\u003e explores: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eThe fraud paradigm\u003c\/li\u003e \u003cli\u003eFraud audit standards\u003c\/li\u003e \u003cli\u003eFraud risk structure\u003c\/li\u003e \u003cli\u003eBrainstorming—why it works impressively in fraud risk detection\u003c\/li\u003e \u003cli\u003eBuilding your fraud audit program\u003c\/li\u003e \u003cli\u003eThe art and science of data mining for fraud\u003c\/li\u003e \u003cli\u003eDocument analysis—the red flags to watch out for\u003c\/li\u003e \u003cli\u003eConveying the impact of potential fraud to management\u003c\/li\u003e \u003cli\u003eAnticipate fraud before it shows up\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eStraightforward with easy-to-implement guidance, \u003ci\u003eThe Fraud Audit\u003c\/i\u003e provides the sound business advice you need for a problem that's here to stay.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990232514789,"sku":"NP9780470647264","price":84.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470647264.jpg?v=1761787007","url":"https:\/\/k12savings.com\/es\/products\/the-fraud-audit-isbn-9780470647264","provider":"K12savings","version":"1.0","type":"link"}