{"product_id":"data-sleuth-isbn-9781119834380","title":"Data Sleuth","description":"\u003cp\u003e\u003cb\u003eStraightforward, practical guidance for working fraud examiners and forensic accountants\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eData Sleuth: Using Data in Forensic Accounting Engagements and Fraud Investigations\u003c\/i\u003e, certified fraud examiner, former FBI support employee, private investigator, and certified public accountant Leah Wietholter delivers a step-by-step guide to financial investigation that can be applied to almost any forensic accounting use-case. The book emphasizes the use of best evidence as you work through problem-solving data analysis techniques that address the common challenge of imperfect and incomplete information. \u003c\/p\u003e\u003cp\u003eThe accomplished author bridges the gap between modern fraud investigation theory and practical applications and processes necessary for working practitioners. She also provides: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eAccess to a complimentary website with supplementary resources, including a Fraud Detection Worksheet and case planning template\u003c\/li\u003e \u003cli\u003eStrategies for systematically applying the Data Sleuth® framework to streamline and grow your practice\u003c\/li\u003e \u003cli\u003eMethods and techniques to improve the quality of your work product\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003e\u003ci\u003eData Sleuth\u003c\/i\u003e is an indispensable, hands-on resource for practicing and aspiring fraud examiners and investigators, accountants, and auditors. It’s a one-of-a-kind book that puts a practical blueprint to effective financial investigation in the palm of your hand. \u003c\/p\u003e\u003cp\u003eForeword xi\u003c\/p\u003e \u003cp\u003ePreface xv\u003c\/p\u003e \u003cp\u003eAcknowledgments xix\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: Building a Data Sleuth Team 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe First Team 2\u003c\/p\u003e \u003cp\u003eThe Forensic Accountant 4\u003c\/p\u003e \u003cp\u003eTechnical and Strategic 4\u003c\/p\u003e \u003cp\u003eThorough and Efficient 5\u003c\/p\u003e \u003cp\u003eDetail-Oriented and Effective Communication 6\u003c\/p\u003e \u003cp\u003eAccounting Knowledge and Legal Knowledge 7\u003c\/p\u003e \u003cp\u003eMeeting Deadlines and Developing Business 8\u003c\/p\u003e \u003cp\u003eForensic Accountant Problems 8\u003c\/p\u003e \u003cp\u003eThe Scalability Problem 9\u003c\/p\u003e \u003cp\u003eThe Strategy Problem 10\u003c\/p\u003e \u003cp\u003eThe Review Problem 12\u003c\/p\u003e \u003cp\u003eThe Sustainability Problem 13\u003c\/p\u003e \u003cp\u003eData Sleuth Solutions 14\u003c\/p\u003e \u003cp\u003eThe Scalability Solution 14\u003c\/p\u003e \u003cp\u003eThe Strategy Solution 16\u003c\/p\u003e \u003cp\u003eThe Review Solution 18\u003c\/p\u003e \u003cp\u003eThe Sustainability Solution 18\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: The Data Sleuth Process 21\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEngagement Types 21\u003c\/p\u003e \u003cp\u003eSimultaneously Managing Client Expectations and Objectivity 25\u003c\/p\u003e \u003cp\u003eProfessional Standards 28\u003c\/p\u003e \u003cp\u003eThe Data Sleuth Process 30\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: The Data Sleuth Necessity 41\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eForensic Accounting Engagements versus External Financial Statement Audits 42\u003c\/p\u003e \u003cp\u003eThe Evolution of Forensic Accounting 44\u003c\/p\u003e \u003cp\u003eThe Case of the Cash Back Payroll Scheme 45\u003c\/p\u003e \u003cp\u003eStart with the Evidence, Not the Scheme 47\u003c\/p\u003e \u003cp\u003eThe Case of the Gambling Executive Director 48\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Data Sleuth Considerations 53\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInvestigations Affect Real People 54\u003c\/p\u003e \u003cp\u003eThe Case of the Nonexistent Inventory 55\u003c\/p\u003e \u003cp\u003eThe Fraud Formula 58\u003c\/p\u003e \u003cp\u003eStaying on Task with Purpose in Mind 59\u003c\/p\u003e \u003cp\u003eThe Investigation Decision Tree for a Data Sleuth 60\u003c\/p\u003e \u003cp\u003eRecovery Avenues 63\u003c\/p\u003e \u003cp\u003eThe Case of the Man Cave 66\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: Client Communication and Involvement 71\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Case of the Initial Client Meeting 72\u003c\/p\u003e \u003cp\u003eClient Expectations 75\u003c\/p\u003e \u003cp\u003eData Procurement 77\u003c\/p\u003e \u003cp\u003eClient Involvement During an Investigation 78\u003c\/p\u003e \u003cp\u003eOngoing Client Communication 81\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: The Data Sleuth Case Plan 83\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Data Sleuth Process 83\u003c\/p\u003e \u003cp\u003eThe Client’s Investigation Priorities 86\u003c\/p\u003e \u003cp\u003eEvaluate the Subject’s Access through Risk-Based Analysis 86\u003c\/p\u003e \u003cp\u003eData Sleuth Analysis Framework 88\u003c\/p\u003e \u003cp\u003eFrom Conceptual Venn Diagram to Comparative Data Analysis 96\u003c\/p\u003e \u003cp\u003eThe Data Analysis Plan 97\u003c\/p\u003e \u003cp\u003eData and Information Gathering 99\u003c\/p\u003e \u003cp\u003eCommunication of the Case Plan 101\u003c\/p\u003e \u003cp\u003eThe Case of the Duplicate Payroll – Conclusion 102\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Risk-Based Analysis 105\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Case of the Puzzling Entries 106\u003c\/p\u003e \u003cp\u003eRisk Focus in Audits versus Risk Focus in Investigations 118\u003c\/p\u003e \u003cp\u003eThe Case of the Mom of the Year 118\u003c\/p\u003e \u003cp\u003eEvaluating Risk in Divorce Cases and Estate and Trust Disputes 126\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: Data Sources and Data Processing Techniques 129\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eData Sources Explained 129\u003c\/p\u003e \u003cp\u003eQuantitative and Qualitative Data Sources 130\u003c\/p\u003e \u003cp\u003eData Sources for Quantitative Evidence 130\u003c\/p\u003e \u003cp\u003eData Sources for Qualitative Evidence 134\u003c\/p\u003e \u003cp\u003eUsing Quantitative and Qualitative Data Sources 135\u003c\/p\u003e \u003cp\u003eData Processing Techniques 136\u003c\/p\u003e \u003cp\u003eRelevant Period 136\u003c\/p\u003e \u003cp\u003eGetting Organized Before Beginning Data Processing 139\u003c\/p\u003e \u003cp\u003eConsiderations Before Processing Data 144\u003c\/p\u003e \u003cp\u003eAccount Scheduling Steps 145\u003c\/p\u003e \u003cp\u003eFormatting Account Schedules and Normalizing Payees 149\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: Standard Data Sleuth Analyses: Comparative Analysis and Source and Use Summaries 151\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eComparative Analysis 152\u003c\/p\u003e \u003cp\u003eThe Case of the Cash Flow Fiasco 153\u003c\/p\u003e \u003cp\u003eSource and Use Summary and Analysis 156\u003c\/p\u003e \u003cp\u003eBank Account Source and Use Analysis 157\u003c\/p\u003e \u003cp\u003eCredit Card Account Source and Use Summary 164\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: Standard Data Sleuth Analyses: Interesting Data Findings, Risk Indicator Analysis, and\u003c\/b\u003e \u003cb\u003ePayroll Analysis 169\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInteresting Data Findings 170\u003c\/p\u003e \u003cp\u003eRisk Indicator Analysis 175\u003c\/p\u003e \u003cp\u003ePayroll Analysis 180\u003c\/p\u003e \u003cp\u003eOverpayments of Payroll 189\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11: Findings, Reports, and Testimony 193\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFindings 193\u003c\/p\u003e \u003cp\u003eReports 196\u003c\/p\u003e \u003cp\u003eA Report for Criminal Charges 197\u003c\/p\u003e \u003cp\u003eReport Recommendations for Law Enforcement Referral 199\u003c\/p\u003e \u003cp\u003eAn Expert Report for Civil Litigation 200\u003c\/p\u003e \u003cp\u003eAn Expert Report for Insurance Reimbursement 201\u003c\/p\u003e \u003cp\u003eReport Organization Recommendations 202\u003c\/p\u003e \u003cp\u003eTestimony 203\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12: Practice the Data Sleuth Process 207\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eReview of the Data Sleuth Case Plan 207\u003c\/p\u003e \u003cp\u003eReview of Data Sleuth Data Processing 208\u003c\/p\u003e \u003cp\u003eReview of the Data Analysis Plan and Standard Data Sleuth Analyses 208\u003c\/p\u003e \u003cp\u003eCase Study 1: The Case of the Disappearing Business 209\u003c\/p\u003e \u003cp\u003eCase Study 2: The Case of the Sneaky CFO 213\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13: The Cases that Went Wrong 219\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Client Who Believes He Was Wronged 219\u003c\/p\u003e \u003cp\u003eThe Client Whose Decisions Affect an Investigation 225\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14: Data Sleuth Expansion 231\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eData Sleuth Empowers the Curious 232\u003c\/p\u003e \u003cp\u003eData Sleuth Divisions 234\u003c\/p\u003e \u003cp\u003ePublic Accounting Firms 235\u003c\/p\u003e \u003cp\u003eConsulting and Advisory Firms 236\u003c\/p\u003e \u003cp\u003eThe Case of the Phony Professional 237\u003c\/p\u003e \u003cp\u003eLaw Firms 239\u003c\/p\u003e \u003cp\u003eLaw Enforcement 240\u003c\/p\u003e \u003cp\u003eThe Future of Data Sleuth 240\u003c\/p\u003e \u003cp\u003eData Sleuth as Prevention 240\u003c\/p\u003e \u003cp\u003eLicenses, Credentials, and Professional Development 241\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix: Case Study Exercise Solution Recommendations 243\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCase Study 1: Exercise 1 – Solution Recommendations 243\u003c\/p\u003e \u003cp\u003eCase Study 2: Exercise 1 – Solution Recommendations 244\u003c\/p\u003e \u003cp\u003eCase Study 2: Exercise 2 – Solution Recommendations 246\u003c\/p\u003e \u003cp\u003eAbout the Author 249\u003c\/p\u003e \u003cp\u003eAbout the Website 251\u003c\/p\u003e \u003cp\u003eIndex 253\u003c\/p\u003e \u003cp\u003e\u003cb\u003eLeah Wietholter\u003c\/b\u003e is a Certified Fraud Examiner, private investigator, Certified Public Accountant, and CEO of Workman Forensics in Tulsa, Oklahoma. She previously worked with the Federal Bureau of Investigation and as a Senior Certified Fraud Examiner at a public accounting firm in Tulsa. She runs \u003ci\u003eThe Investigation Game\u003c\/i\u003e, an interactive continuing education experience and podcast that explores financial investigation strategies.\u003c\/p\u003e  \u003cp\u003e\u003ci\u003eData Sleuth\u003c\/i\u003e presents a practical, hands-on approach to forensic accounting engagements and fraud investigations. The book offers processes, best practices, step-by-step explanations, and overarching strategies to help financial investigators and forensic accountants deliver results for their clients and grow their practices. \u003c\/p\u003e\u003cp\u003eIn the book, former FBI student trainee, Certified Fraud Examiner, private investigator, and Certified Public Accountant, Leah Wietholter, explains her proprietary  Data Sleuth\u003csup\u003e®\u003c\/sup\u003e process, why it’s necessary, and how it fits into typical forensic accounting engagements and fraud investigations. She also lays out a complete framework for its implementation. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eData Sleuth\u003c\/i\u003e explores the importance of proving the twin purposes of using data to uncover personal benefit and intent to prove fraud and examines the concept of risk-based analysis in financial investigations. It explains a variety of analysis methods, as well as the centrality of best evidence in the investigation process. \u003c\/p\u003e\u003cp\u003eReaders will discover how to analyze financial data in the Data Sleuth\u003csup\u003e®\u003c\/sup\u003e process using Excel to systematize common steps in the investigative process resulting in consistent, reliable work products. They’ll also learn the ethical importance of retaining an independent and evidence-based point of view, especially when testifying as an expert witness. \u003c\/p\u003e\u003cp\u003eIncluding downloadable supplemental resources, like a Fraud Detection Work sheet and other Data Sleuth\u003csup\u003e®\u003c\/sup\u003e process organizational templates, \u003ci\u003eData Sleuth\u003c\/i\u003e offers techniques for using the best available data sources for working through problem-­solving processes that address the ­challenges of imperfect information. \u003c\/p\u003e\u003cp\u003eAn indispensable resource for forensic accountants and fraud investigators, \u003ci\u003eData Sleuth\u003c\/i\u003e answers foundational questions and provides critical frameworks for effective financial investigations in real-world situations where information is often incomplete.  \u003c\/p\u003e\u003cp\u003e\u003cb\u003ePraise for DATA SLEUTH\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\"Until now, everyone thought it was impossible to standardize fraud investigations and scale a forensic accounting practice. \u003ci\u003eData Sleuth\u003c\/i\u003e lays out the process of developing a case plan, doing the analysis, and reporting the results in a way that can be duplicated. This book features techniques and processes that actually work in the real world. \u003ci\u003eData Sleuth\u003c\/i\u003e is a must-have for any serious forensic accountant.\"\u003cbr\u003e—\u003cb\u003eTRACY COENEN, CPA, CFF, \u003c\/b\u003eSequence Inc. Forensic Accounting\u003c\/p\u003e \u003cp\u003e\"I loved Leah's easy-going style and real-world examples, struggles, and triumphs which she masterfully transitioned into practical techniques and detailed analysis. Learning from her journey, experience, and knowledge is something that every investigator should do.\"\u003cbr\u003e—\u003cb\u003eBRIAN WILLINGHAM,\u003c\/b\u003e CFE, Diligentia Group\u003c\/p\u003e \u003cp\u003e\"The book is written in an engaging manner with clearly elucidated ties to accounting. It is well-suited to experiential learning for clients, data sleuths, and students alike!\"\u003cbr\u003e—\u003cb\u003eVAIRAM ARUNACHALAM,\u003c\/b\u003e Director, School of Accountancy, University of Missouri\u003c\/p\u003e \u003cp\u003e\"Leah has used her knowledge and experience to create an excellent resource to educate on how forensic investigations can follow a standardized process and be successfully data driven.\"\u003cbr\u003e—\u003cb\u003eROBYN SHAW,\u003c\/b\u003e CPA, CFE, Facts \u0026amp; Figures Forensics\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989026128101,"sku":"NP9781119834380","price":50.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119834380.jpg?v=1761782488","url":"https:\/\/k12savings.com\/products\/data-sleuth-isbn-9781119834380","provider":"K12savings","version":"1.0","type":"link"}