Managing fraud risk a practical guide for directors and managers
"A strategic, practical, cost-effective approach to fraud preventionIn troubled economic times, the risk of fraud and financial crime increases. In our post credit crunch environment, new laws and tougher penalties for financial crime mean that if you are in business, you have a responsibility...
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| Format: | eBook |
| Language: | Inglés |
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Chichester, West Sussex, United Kingdom :
John Wiley & Sons Ltd
2012.
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| Edition: | 1st edition |
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| See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009628588806719 |
Table of Contents:
- Managing Fraud Risk: A Practical Guide for Directors and Managers; Contents; Acknowledgements; Introduction; Making me an offer that I can't refuse; Opening remarks; About this book; 1. Personal experiences; 2. Courses, delegates and the Fraud Awareness Quiz; 3. Interviews and interviewees; Concepts and focus; Fraud: the gorilla in the room?; 1. The Bernie Madoff effect; 2. Corporate fraud highlighted by the international media; 3. General fraud highlighted by the national media in the UK; Closing remarks; 1 Responsibility; What a mess - how could all this have been allowed to happen?
- IntroductionAnswers to the Quiz; Responsibility Framework; Introduction; International best practice; Practical application; The linkage between risk management and internal controls; Overview; Control design linked to risk; The importance of evidence; Introduction; Examples; Evidence of management of fraud risks; The role of audit in fraud prevention and detection; Overview; Little training for auditors on fraud awareness; Problems and remedies; The strategic approach to managing fraud risk; Best practice guidance; The Fraud Risk Management Framework; Introduction
- Summary - Five Key Learning Points for Directors and Managers2 Meaning; The hairs on the back of my neck; Introduction; Answers to the Quiz; Fraud definitions; Key word - deception; Key word - intentional; ACFE occupational fraud typology; 1. Fraudulent financial statements schemes; 2. Asset misappropriation; 3. Corruption; The ACFE's "Report to the Nation"; Fraud and the law; Introduction; The Fraud Act 2006; Commentary; Some examples of what the term "fraud" actually includes; 1. Fraud as abuse of systems and control procedures; 2. Fraud as abuse of working practices
- 3. Fraud as financial engineering4. Fraud as corruption; 5. Fraud as collusion; Fraud costs - scale and direction of travel; 1. Costs of fraud; 2. Direction of travel; Answers to the Quiz; Summary - Five Key Learning Points for Directors and Managers; 3 People; Appearances can be deceptive; Introduction; Answers to the Quiz; Answers with very low percentage scores for total honesty; Answers with very high percentage scores for total honesty; The results of the research into honesty; The Fraud Triangle - the key behaviourial model; Motivation; Opportunity; Rationalisation
- Motives of fraudsters - bringing the Fraud Triangle up to dateAlbrecht, Howe and Romney; Hollinger and Clark; Ditton and others; Wolfe and Hermanson; Classification of fraudsters; First-time offenders; Recidivists; Those who commit fraud to benefit the organisation; Outsiders; Profile of a fraudster; Introduction; The greatest risk lies at the top; Tenure; The squeezed middle; The fraudster's department; Motives of fraudsters - the business perspective; Summary - Five Key Learning Points for Directors and Managers; 4 Risk; We are all risk managers now; Introduction; Answers to the Quiz
- Risk management primer
