{"product_id":"a-b-c-s-of-behavioral-forensics-isbn-9781118370551","title":"A.B.C.'s of Behavioral Forensics","description":"\u003cb\u003eGet practical insights on the psychology of white-collar criminals—and how to outsmart them\u003c\/b\u003e  \u003cp\u003eUnderstand how the psychologies of fraudsters and their victims interact as well as what makes auditors\/investigators\/regulators let down their guard. Learn about the psychology of fraud victims, including boards of directors and senior management, and what makes them want to believe fraudsters, and therefore making them particularly vulnerable to deception. Just as IT experts gave us computer forensics, we now have a uniquely qualified team immersed in psychology, sociology, psychiatry as well as accounting and auditing, introducing the emerging field of behavioral forensics to address the phenomenon of fraud.\u003c\/p\u003e \u003cp\u003eEver wonder what makes a white-collar criminal tick? Why does she or he do what they do? For the first time ever, see the mind of the fraudster laid bare, including their sometimes twisted rationalizations; think like a crook to catch a crook! \u003ci\u003eThe A.B.C.'s of Behavioral Forensics\u003c\/i\u003e takes you there, with expert advice from a diverse but highly specialized authoring team of professionals (three out of the four are Certified Fraud Examiners): a former accounting firm partner who has a PhD in psychology, a former FBI special agent who has been with investigative practices of two of the Big Four firms, an industrial psychiatrist who has worked closely with the C-level suite of large and small companies, and an accounting professor who has interviewed numerous convicted felons. Along with a fascinating exploration of what makes people fall for the common and not-so-common swindles, the book provides a sweeping characterization of the ecology of fraud using \u003ci\u003eThe A.B.C.'s of Behavioral Forensics\u003c\/i\u003e paradigm: the bad Apple (rogue executive), the bad Bushel (groups that collude and behave like gangs), and the bad Crop (representing organization-wide or even societally-sanctioned cultures that are toxic and corrosive). The book will make you take a longer look when hiring new employees and offers a deeper more complex understanding of what happens in organizations and in their people. The A.B.C. model will also help those inside and outside organizations inoculate against fraud and make you reflect on instilling the core values of your organization among your people and create a culture of excellence and integrity that acts as a prophylactic against fraud. Ultimately, you will discover that, used wisely, behavioral methods trump solely economic incentives. With business fraud on the rise globally, \u003ci\u003eThe A.B.C.'s of Behavioral Forensics\u003c\/i\u003e is the must-have book for investigators, auditors, the C-suite and risk management professionals, the boards of directors, regulators, and HR professionals.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eExamines the psychology of fraud in a practical way, relating it to aspects of fraud prevention, deterrence, detection, and remediation\u003c\/li\u003e \u003cli\u003eHelps you understand that trust violation—the essence of fraud—is a betrayal of behavioral assumptions about \"trusted\" people\u003c\/li\u003e \u003cli\u003eExplains how good people go bad and how otherwise honest people cross the line\u003c\/li\u003e \u003cli\u003eUnderscores the importance of creating a culture of excellence and integrity that inoculates an organization from fraud risk (i.e., honest behavior pays, while dishonesty is frowned upon)\u003c\/li\u003e \u003cli\u003eProvides key takeaways on what to look for when hiring new employees and in your current employees, as well as creating and maintaining a culture of control consciousness\u003c\/li\u003e \u003cli\u003eIncludes narrative accounts of interviews with convicted white-collar criminals, as well as interpretive insights and analysis of their rationalizations\u003c\/li\u003e \u003cli\u003eFurnishes ideas about how to enhance professional skepticism, how to resist fraudsters, how to see through their schemes, how to infuse internal controls with the people\/behavioral element, and make them more effective in addressing behavioral\/integrity risks\u003c\/li\u003e \u003cli\u003eProvides a solid foundation for training programs across the fraud risk management life cycle all the way from the discovery of fraud to its investigation as well as remediation (so the same fraud doesn't happen again)\u003c\/li\u003e \u003cli\u003eEnables auditors\/investigators to engage in self-reflection and avoid cognitive and emotional biases and traps that lead to professional judgment errors (e.g., overconfidence, confirmation, self-deception, groupthink, halo effect, availability, speed-accuracy trade-off, etc.)\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eEver since the accounting scandals surrounding Enron and WorldCom surfaced, leading to the passage of the Sarbanes Oxley Act of 2002, as well as the continuing fall out from the Wall Street financial crisis precipitating the Dodd-Frank Act of 2010, fraud has been a leading concern for executives globally. If you thought you knew everything there was to know about financial fraud, think again. Get the real scoop with \u003ci\u003eThe A.B.C.'s of Behavioral Forensics\u003c\/i\u003e.\u003c\/p\u003e  \u003cp\u003eForeword xv\u003cbr\u003e \u003cbr\u003e Preface xvii\u003cbr\u003e \u003cbr\u003e Acknowledgments xxiii\u003cbr\u003e \u003cbr\u003e Introduction 1\u003cbr\u003e \u003cbr\u003e The Human Factor 2\u003cbr\u003e \u003cbr\u003e Trust Violation and Its Consequences 4\u003cbr\u003e \u003cbr\u003e This Book’s Approach: The A.B.C.’s of Behavioral Forensics 4\u003cbr\u003e \u003cbr\u003e An Interdisciplinary Approach 6\u003cbr\u003e \u003cbr\u003e \u003cb\u003ePart I When Fraud Is Committed 9\u003c\/b\u003e\u003cbr\u003e \u003cbr\u003e \u003cb\u003eChapter 1 Fraud Is Everywhere 13\u003c\/b\u003e\u003cbr\u003e \u003cbr\u003e The Pervasiveness of Fraud 14\u003cbr\u003e \u003cbr\u003e On Making (Up) the Numbers 16\u003cbr\u003e \u003cbr\u003e A Slippery Slope 19\u003cbr\u003e \u003cbr\u003e From Slippery Slope to Broken Windows 21\u003cbr\u003e \u003cbr\u003e Fraud Is a Human Act 23\u003cbr\u003e \u003cbr\u003e Conclusion 24\u003cbr\u003e \u003cbr\u003e \u003cb\u003eChapter 2 The Sins of Quantification and Other Mind-Set Impediments 27\u003c\/b\u003e\u003cbr\u003e \u003cbr\u003e The Danger of Numbers 29\u003cbr\u003e \u003cbr\u003e Data Analysis Is Not Enough 31\u003cbr\u003e \u003cbr\u003e Hard Numbers versus Reality 33\u003cbr\u003e \u003cbr\u003e Conclusion 37\u003cbr\u003e \u003cbr\u003e \u003cb\u003eChapter 3 Beyond the Fraud Triangle: Toward an Outline of A.B.C. Theory 41\u003c\/b\u003e\u003cbr\u003e \u003cbr\u003e The Relevance of Behavioral Approaches 41\u003cbr\u003e \u003cbr\u003e Understanding White-Collar Crime 43\u003cbr\u003e \u003cbr\u003e The Fraud Triangle and Other Theories of Causation 45\u003cbr\u003e \u003cbr\u003e A.B.C. Theory: A New Fraud Taxonomy 49\u003cbr\u003e \u003cbr\u003e Conclusion 53\u003cbr\u003e \u003cbr\u003e \u003cb\u003ePart II The Foundations of Behavioral Forensics: Why Good People Do Bad Things 55\u003c\/b\u003e\u003cbr\u003e \u003cbr\u003e \u003cb\u003eChapter 4 Beyond the Fraud Triangle and into the Mind: The Building Blocks of Behavioral Forensics— Understanding How the Basics of Human Behavior Tie into Fraud 59\u003c\/b\u003e\u003cbr\u003e \u003cbr\u003e Deception Is a Natural Phenomenon 59\u003cbr\u003e \u003cbr\u003e The Mind and the Fraud Triangle 60\u003cbr\u003e \u003cbr\u003e Emotions: The Power behind Psychological Defenses 67\u003cbr\u003e \u003cbr\u003e Affect’s Two Ties to Fraud: Motivation and Communication 73\u003cbr\u003e \u003cbr\u003e Conclusion 76\u003cbr\u003e \u003cbr\u003e \u003cb\u003eChapter 5 “Said the Spider to the Fly . . .”: The Predator-Prey Dance— Putting Behavioral Science Fundamentals into Motion 81\u003c\/b\u003e\u003cbr\u003e \u003cbr\u003e Emotions, Unconscious, Defenses—Oh My! 82\u003cbr\u003e \u003cbr\u003e Relationships: Where Fraud Is Set in Motion 82\u003cbr\u003e \u003cbr\u003e The Relationship as an End in Itself: Bernie Madoff 87\u003cbr\u003e \u003cbr\u003e Lance Armstrong and His Accomplices 91\u003cbr\u003e \u003cbr\u003e Where Is the Humility? 93\u003cbr\u003e \u003cbr\u003e The Power of Shame 94\u003cbr\u003e \u003cbr\u003e Good to Evil: How a Hardwired Emotion Is Ignored and Manipulated 99\u003cbr\u003e \u003cbr\u003e When Shame Is Maladaptive at Work 104\u003cbr\u003e \u003cbr\u003e False Pride: With the Threat of Shame Comes Hubris 107\u003cbr\u003e \u003cbr\u003e The Predator Bullies the Professionals 108\u003cbr\u003e \u003cbr\u003e The Role of Mental Illness 111\u003cbr\u003e \u003cbr\u003e Conclusion 116\u003cbr\u003e \u003cbr\u003e \u003cb\u003eChapter 6 The Accidental Fraudster (Bad Apple): When the Apple Turns and Honesty Reverses Course 121\u003c\/b\u003e\u003cbr\u003e \u003cbr\u003e Committing the Crime 121\u003cbr\u003e \u003cbr\u003e Beyond Greed 122\u003cbr\u003e \u003cbr\u003e Exploiting a Weakness: A Motivational\u003cbr\u003e \u003cbr\u003e Theory of the Accidental Fraudster (Bad Apple) 123\u003cbr\u003e \u003cbr\u003e New Insights in Behavioral Forensics 127\u003cbr\u003e \u003cbr\u003e Disregarding Risk: The Thrill of Being Close to, but Not in, Danger 133\u003cbr\u003e \u003cbr\u003e Why Now? Understanding Life-Span Issues in Fraud Reversals 137\u003cbr\u003e \u003cbr\u003e Lessons from Executives and Managers on the Couch 139\u003cbr\u003e \u003cbr\u003e Conclusion 139\u003cbr\u003e \u003cbr\u003e \u003cb\u003eChapter 7 The Bad Bushel and Beyond: Seeing the Larger Context of the C-Suite 143\u003c\/b\u003e\u003cbr\u003e \u003cbr\u003e Luck and Effort Distinguish Senior Executives 144\u003cbr\u003e \u003cbr\u003e Life as an Executive: Excitement, Vigilance, and Caution 147\u003cbr\u003e \u003cbr\u003e Trouble in the C-Suite: Overwhelmed, Overpaid, and Overconfident—Narcissism and Beyond 148\u003cbr\u003e \u003cbr\u003e The Individual and the Group: Bad Bushels Arise 153\u003cbr\u003e \u003cbr\u003e The Science of Persuasion 158\u003cbr\u003e \u003cbr\u003e Conclusion 161\u003cbr\u003e \u003cbr\u003e \u003cb\u003ePart III A Call to Action 165\u003c\/b\u003e\u003cbr\u003e \u003cbr\u003e \u003cb\u003eChapter 8 Managing the Ecology of Fraud: What You Can Do on Monday Morning 171\u003c\/b\u003e\u003cbr\u003e \u003cbr\u003e The Financial Markets: The Moral Foundations of Capitalism 172\u003cbr\u003e \u003cbr\u003e Helping Senior Executives to Stay on the Right Side of the Line 176\u003cbr\u003e \u003cbr\u003e Piercing the Rationalizations 177\u003cbr\u003e \u003cbr\u003e Emotional Manipulation 179\u003cbr\u003e \u003cbr\u003e On Lies and Misrepresentation 181\u003cbr\u003e \u003cbr\u003e The Operational Fraud Triangle 183\u003cbr\u003e \u003cbr\u003e What You Can Do Monday Morning 185\u003cbr\u003e \u003cbr\u003e Recognizing Tipping Points (of the Mind) 188\u003cbr\u003e \u003cbr\u003e Conclusion 191\u003cbr\u003e \u003cbr\u003e \u003cb\u003eChapter 9 The Future of Behavioral Forensics: Developing Psychological Awareness to Complement Financial Fraud Suspicions 195\u003c\/b\u003e\u003cbr\u003e \u003cbr\u003e Fraud: A Global Scourge 196\u003cbr\u003e \u003cbr\u003e Fraud Is Not a Problem with an Easy Answer 197\u003cbr\u003e \u003cbr\u003e A Psychological Autopsy of Fraud 207\u003cbr\u003e \u003cbr\u003e The Future of Behavioral Forensics 209\u003cbr\u003e \u003cbr\u003e Afterword 213\u003cbr\u003e \u003cbr\u003e Appendix A The Psychology and Sociology of Fraud: Integrating the Behavioral Sciences Component into Fraud\u003cbr\u003e and Forensic Accounting Curricula 217\u003cbr\u003e \u003cbr\u003e Appendix B Chapter Supplements 231\u003cbr\u003e \u003cbr\u003e Bibliography 247\u003cbr\u003e \u003cbr\u003e About the Authors 255\u003cbr\u003e \u003cbr\u003e Index 261\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eD\u003csmall\u003eR\u003c\/small\u003e. SRIDHAR RAMAMOORTI, ACA, CPA\/CITP\/CFF\/CGMA, CIA, CFE, MAFF, CFSA, CGAP, CGFM, CRMA,\u003c\/b\u003e is currently an Associate Professor of Accounting and Director, Corporate Governance Center, at Kennesaw State University. A former University of Illinois accountancy faculty member, he has worked for Arthur Andersen and Ernst \u0026amp; Young, and is a former corporate governance partner with Grant Thornton. A board member of the Institute for Truth in Accounting and Ascend, he chairs the Financial Executives International's Committee for Governance, Risk, and Compliance. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eDAVID E. MORRISON III\u003c\/b\u003e is a Clinical Assistant Professor of Psychiatry and Behavioral Sciences at Chicago Medical School, Rosalind Franklin University of Medicine and Science. An advisor to the Institute of Fraud Prevention (IFP) of West Virginia University since 2008, he is also a past president of the Academy of Organizational and Occupational Psychiatry, Group for the Advancement of Psychiatry (GAP) member, and a Tomkins Institute board member. He works full time as a principal at Morrison Associates, Ltd., with a career focused on leadership and executive development. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eJOSEPH W. KOLETAR, DPA, CFE,\u003c\/b\u003e is an independent forensic investigator and consultant. He has held senior positions such as principal and director with Ernst \u0026amp; Young and Deloitte in the firms' forensic and investigative practices. Before joining the private sector, Dr. Koletar spent twenty-five years as a special agent in the FBI, the last seven in senior executive positions. He was formerly chairman of the Board of Regents of the Association of Certified Fraud Examiners. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eKELLY RICHMOND POPE, P\u003csmall\u003eH\u003c\/small\u003eD, CPA,\u003c\/b\u003e is an Associate Professor in the School of Accountancy at DePaul University and founder of Helios Digital Learning. She is the creator of the award-winning white-collar crime documentary \u003ci\u003eCrossing the Line: Ordinary People Committing Extraordinary Crimes\u003ci\u003e. Her work has been published in numerous academic journals such as \u003ci\u003eBehavioral Research in Accounting, Journal of Business Ethics\u003ci\u003e, and \u003ci\u003eAuditing: A Journal of Practice \u0026amp; Theory\u003c\/i\u003e. She also writes for Forbes.com, Newsweek Daily Beast, and \u003ci\u003ePBS's Need to Know\u003c\/i\u003e. Prior to academia, she worked as a forensic accountant for KPMG LLP. In 2012, Dr. Pope was elected to the AICPA Governing Council for a three-year term.    \u003c\/i\u003e\u003c\/i\u003e\u003c\/i\u003e\u003c\/i\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eA.B.C.'s OF BEHAVIORAL FORENSICS\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eIn today's environment, highly educated, experienced, and well-paid professionals seem willing to risk everything and commit foolish—even criminal—acts. \"Good\" people do \"bad\" things! How do we understand the human actions that are behind every fraud? Fraud requires accounting professionals to \"think like a crook to catch a crook.\" \u003c\/p\u003e\u003cp\u003e\u003ci\u003eA.B.C.'s of Behavioral Forensics\u003c\/i\u003e turns business fraud on its head, focusing less on the how of fraud, and more on the why, with a no-nonsense examination of fraud as a result of human behavior. Written by an author team imparting diverse yet specialized perspectives to the understanding of fraud in all its complexity, \u003ci\u003eA.B.C.'s of Behavioral Forensics\u003c\/i\u003e provides striking insights on the psychology of white-collar crime with practical tools to help you detect and prevent fraud. \u003c\/p\u003e\u003cp\u003eIn this book, you'll discover the behavioral red flags to look for in your workplace, and understand why leaders should care about organizational culture. Topics include: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eThe relevance of behavioral approaches\u003c\/li\u003e \u003cli\u003eThe fraud triangle and beyond\u003c\/li\u003e \u003cli\u003eThe bad \u003cb\u003ea\u003c\/b\u003epple, bad \u003cb\u003eb\u003c\/b\u003eushel, and bad \u003cb\u003ec\u003c\/b\u003erop (A.B.C.) theory\u003c\/li\u003e \u003cli\u003eHow the basics of human behavior tie into fraud\u003c\/li\u003e \u003cli\u003eUnderstanding the \"balance sheet basics\" of the mind\u003c\/li\u003e \u003cli\u003eThe mind of the predatory fraudster—a la \"Step into my parlor . . .\"\u003c\/li\u003e \u003cli\u003eWhen honesty reverses course—and stays there\u003c\/li\u003e \u003cli\u003eHelping senior executives stay on the right side of the line—\"good ethics is good business\"\u003c\/li\u003e \u003cli\u003eDeveloping psychological awareness and recognizing behavioral\/integrity risks surrounding financial fraud suspicions\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWhite-collar criminals know you well, but do you know them and how they operate? If you thought you knew everything there was to know about financial fraud, white-collar crime, and the psychology of fraud, think again. Learn how to get into the mind of the fraudster with \u003ci\u003eA.B.C.'s of Behavioral Forensics\u003c\/i\u003e.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47988648280293,"sku":"NP9781118370551","price":60.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118370551.jpg?v=1761781108","url":"https:\/\/k12savings.com\/products\/a-b-c-s-of-behavioral-forensics-isbn-9781118370551","provider":"K12savings","version":"1.0","type":"link"}