Corporate Fraud

This third edition is a radical revision reflecting the world of EDI, electronic commerce, derivatives, computerization, empowerment, downsizing and other recent developments.

Author: Michael J. Comer

Publisher: Routledge

ISBN: 9781351948524

Category: Business & Economics

Page: 704

View: 935

Download →

Fact: Barings was an excellent company, with professional managers. Their careers were devastated by fraud. How many other managers are now in the same position without knowing it? Fact: The average company loses between 2 per cent and 5 per cent of its turnover as a result of dishonesty. When Mike Comer’s book first appeared it quickly established itself worldwide as the standard work in its field. This third edition is a radical revision reflecting the world of EDI, electronic commerce, derivatives, computerization, empowerment, downsizing and other recent developments. Ironically, many of these have exposed companies to an alarming range of new risks. With the help of real-life case histories the author identifies the main types of fraud, the circumstances in which they occur and the telltale signs that give them away. He examines internal control systems and the attitudes and practices that allow fraud to flourish. He explains in detail how fraud can be prevented and detected, and shows why it is that many fashionable management techniques can also potentially pave the way to corporate disaster.
Posted in:

Examining Approaches to Corporate Fraud Prosecutions and the Attorney client Privilege Under the McNulty Memorandum

In the area of corporate fraud prosecutions, this Administration has rewritten the
rules. In 2003, the Department of Justice made it easier for prosecutors to
pressure corporations to waive the attorney-client privilege, the bedrock of our
whole ...

Author: United States. Congress. Senate. Committee on the Judiciary

Publisher:

ISBN: PSU:000063509960

Category: Confidential communications

Page: 136

View: 643

Download →

Posted in:

Corporate Fraud Handbook

This book walks you through detection, prevention, and aftermath to help you shore up your defenses and effectively manage fraud risk.

Author: Joseph T. Wells

Publisher: John Wiley & Sons

ISBN: 9781119351986

Category: Business & Economics

Page: 432

View: 100

Download →

Delve into the mind of a fraudster to beat them at their own game Corporate Fraud Handbook details the many forms of fraud to help you identify red flags and prevent fraud before it occurs. Written by the founder and chairman of the Association of Certified Fraud Examiners (ACFE), this book provides indispensable guidance for auditors, examiners, managers, and criminal investigators: from asset misappropriation, to corruption, to financial statement fraud, the most common schemes are dissected to show you where to look and what to look for. This new fifth edition includes the all-new statistics from the ACFE 2016 Report to the Nations on Occupational Fraud and Abuse, providing a current look at the impact of and trends in fraud. Real-world case studies submitted to the ACFE by actual fraud examiners show how different scenarios play out in practice, to help you build an effective anti-fraud program within your own organization. This systematic examination into the mind of a fraudster is backed by practical guidance for before, during, and after fraud has been committed; you'll learn how to stop various schemes in their tracks, where to find evidence, and how to quantify financial losses after the fact. Fraud continues to be a serious problem for businesses and government agencies, and can manifest in myriad ways. This book walks you through detection, prevention, and aftermath to help you shore up your defenses and effectively manage fraud risk. Understand the most common fraud schemes and identify red flags Learn from illustrative case studies submitted by anti-fraud professionals Ensure compliance with Sarbanes-Oxley and other regulations Develop and implement effective anti-fraud measures at multiple levels Fraud can be committed by anyone at any level—employees, managers, owners, and executives—and no organization is immune. Anti-fraud regulations are continually evolving, but the magnitude of fraud's impact has yet to be fully realized. Corporate Fraud Handbook provides exceptional coverage of schemes and effective defense to help you keep your organization secure.
Posted in:

Investigating Corporate Fraud

Fraud can be prevented by secure processes and by ensuring that people allowed access to them are honest. This is easier said than done; failures will occur and every company needs contingency plans as a safety net.

Author: Michael J. Comer

Publisher: Routledge

ISBN: 9781317113133

Category: Law

Page: 264

View: 260

Download →

In 1998 Gower published the highly successful third edition of Corporate Fraud by Michael Comer. Sadly, the need for such books has not disappeared - if anything it has increased - with cases such as Enron, WorldCom and the Allied Irish Bank and so this volume concentrates on the practicalities of investigating and recovering from fraud. Fraud can be prevented by secure processes and by ensuring that people allowed access to them are honest. This is easier said than done; failures will occur and every company needs contingency plans as a safety net. Contrary to popular belief, corporate fraud happens to good companies and effective managers. What is crucial is your reaction when suspicions are first aroused - fraud changes from a problem to a disaster mainly because people's initial response is ineffective. This book is a comprehensive action plan for organizations that are victims of corporate fraud. The aim is to help make sure that you can react swiftly and effectively, recover your money, your costs with interest and punish the offenders so that a deterrent is established for others. Most importantly the book will help you return to normal working as quickly as possible. It is highly practical, featuring checklists and case examples throughout. Applying his extraordinary experience, keen insight and vast practical knowledge, Mike Comer is able to take a unique position in showing organizations what they can do and what their rights are. His writing style is entertaining and enlightening - this is no dry, laborious and incomprehensible legal reference. You will find Investigating Corporate Fraud a fascinating and invaluable source of practical expert guidance on a subject strewn with potential dangers.
Posted in:

Corporate Fraud Exposed

Corporate Fraud Exposed uncovers the motivations and drivers of fraud including agency theory, executive compensation, and organizational culture.

Author: H. Kent Baker

Publisher: Emerald Group Publishing

ISBN: 9781789734195

Category: Business & Economics

Page: 524

View: 475

Download →

Corporate Fraud Exposed uncovers the motivations and drivers of fraud including agency theory, executive compensation, and organizational culture. It delves into the consequences of fraud for various firm stakeholders, and its spillover effects on other corporations, the political environment, and financial market participants.
Posted in:

Corporate Fraud

''It is a good idea to define fraud by referring to the Institute of Internal Auditors
definition as 'any illegal acts characterized by deceit, concealment, or violation of
trust.' The fraud policy will set the corporate approach to fraud control and talk ...

Author: K. H. Spencer Pickett

Publisher: John Wiley & Sons

ISBN: 047017398X

Category: Business & Economics

Page: 320

View: 791

Download →

An entertaining introduction to a serious issue It's not a secret that corporate fraud and scandal are real threats to business today, from which no organization is immune. Fraud losses are devastating-but they are also highly avoidable. The third book in the A Manager's Journey series, Corporate Fraud follows Bill Reynolds first to New York City and then to Florida where, along with his colleague Jack, he sets up an anti-fraud policy within their company and investigates allegations made by a whistleblower in their Orlando office-until the whistleblower disappears. Unconventional in approach, yet extraordinarily useful, Corporate Fraud is sprinkled with practical examples and workable solutions that take you from zero understanding of organizational fraud to integration of corporate fraud risk management and sound internal controls into everyday work. Through Bill's latest journey, you'll discover how to manage the risk of fraud across all parts of your business and meet the requirements of Sarbanes-Oxley as well as public sector regulations. It's the definitive resource for managers, auditors, fraud examiners, CFOs, and workteams, with relevant information on preventing and detecting fraud within your organization.
Posted in:

Corporate Fraud in Japan

On this issue, this book investigates eight incidents of corporate fraud in Japanese corporations, based on third-party investigation reports.

Author: Takashi Yasuoka

Publisher: Cambridge Scholars Publishing

ISBN: 9781527536241

Category: Business & Economics

Page: 160

View: 261

Download →

In recent years, numerous incidents of corporate fraud have been reported in Japan. These have occurred at a number of world-famous Japanese companies, including Toshiba, Olympus, and Kobe Steel, among others. Needless to say, these companies already had a risk management system in place; the problem here is why these systems didn’t function. On this issue, this book investigates eight incidents of corporate fraud in Japanese corporations, based on third-party investigation reports. It explores common problems in corporate governance and internal control systems present in these incidents, and discusses why these companies’ three lines of defense let them down. These observations are valuable for readers worldwide who study corporate governance, risk management, and business management.
Posted in:

Corporate Fraud

Protect your organisation by looking at it through a new lens to spot the early warning signs of fraud.

Author: Maryam Kennedy

Publisher: A&C Black

ISBN: 9781472905086

Category: Business & Economics

Page: 176

View: 103

Download →

Protect your organisation by looking at it through a new lens to spot the early warning signs of fraud.
Posted in:

Corporate Fraud

Real-world help for companies combating fraud – from major management fraud to fraudulent financial reporting From the author’s more than thirty years of corporate auditing experience, Corporate Fraud features scores of useful case ...

Author: John D. O'Gara

Publisher: John Wiley & Sons

ISBN: 9780471656173

Category: Business & Economics

Page: 224

View: 827

Download →

Real-world help for companies combating fraud – from majormanagement fraud to fraudulent financial reporting From the author’s more than thirty years of corporateauditing experience, Corporate Fraud features scores of useful casestudies that illustrate the principles of numerous types of fraudand how to avoid them in your business. A must-have for all auditors, controllers, CFOs, and businessmanagers, Corporate Fraud offers broad coverage of: The most common and damaging types of fraud in today’sbusiness environment The many facets of fraud, including management fraud, corporategovernance, and top-level forensics issues, as well as financialstatement fraud and the interconnected nature of each Corruption: bribery, including contracting, subcontracting, andleasing; and outsourcing Misappropriation: vendor billings, skimming, and divertedreceipts Fraud for the organization: money laundering, price fixing, andfraud in the international arena Order your copy today!
Posted in:

Three Cases of Corporate Fraud

Examines three cases - Adelphia (United States), HIH Insurance (Australia) and Bond Corp (Australia) - to evaluate how management fraud and distortions in the financial accounts have social, political and economic consequences.

Author:

Publisher:

ISBN: OCLC:174101232

Category: Accounting fraud

Page: 43

View: 637

Download →

Posted in:

Corporate Fraud

Author: Jack Bologna

Publisher: Butterworth-Heinemann

ISBN: UOM:39015009049407

Category: Social Science

Page: 217

View: 387

Download →

Posted in:

A Comparative Analysis of Corporate Fraud

A Comparative Analysis of Corporate Fraud: Book Four examines corporate fraud in the United Kingdom compared with that of two civil law neighbouring countries, France and Germany, as well as the United States.

Author: Sally Ramage

Publisher: iUniverse

ISBN: 9780595401987

Category: Law

Page: 276

View: 149

Download →

A Comparative Analysis of Corporate Fraud: Book Four examines corporate fraud in the United Kingdom compared with that of two civil law neighboring countries, France and Germany, as well as the United States. The objective of the study is to discover how fraud occurs, how the two different legal systems treat fraud, contributing factors, and if recommendations were made to authorities in an attempt to combat this illegal activity. The UK can learn much from the French legal system and the way France prosecutes corporations. Germany's Criminal Code is equally comprehensive in its prescriptive definitions of fraud, especially corporate fraud. Although the UK is striving for a general law against fraud, the UK Fraud Offence Bill is very inadequate, lacking detailed solutions. The UK has become entrenched in upholding legal privilege, bowing to intense lobbying by the legal profession. And the use of electronic evidence, vital in prosecuting modern corporate fraud, remains overlooked. The attitude toward corporate fraud in the UK remains laissez-faire. By analyzing corporate fraud in the US, France, and Germany, author Sally Ramage highlights examples that the UK can take from these countries that combat corporate fraud without derogation of established international human rights.
Posted in:

Essentials of Corporate Fraud

Then READ THIS BOOK." —Gary Zeune, CPA, founder, The Pros & The Cons Essentials of Corporate Fraud will challenge your concept of corporate fraud, providing an introductory look at fraud and the kinds of fraud that can occur in various ...

Author: Tracy L. Coenen

Publisher: John Wiley & Sons

ISBN: 0470278498

Category: Business & Economics

Page: 207

View: 477

Download →

Full of valuable tips, techniques, illustrative real-world examples, exhibits, and best practices, this handy and concise paperback will help you stay up to date on the newest thinking, strategies, developments, and technologies in corporate fraud. Essentials of Corporate Fraud provides an introductory look at fraud and the kinds of fraud that can occur in various areas of a company.
Posted in:

Corporate Fraud and Corruption

Krambia-Kapardis focuses on her own empirical research into the aetiology of fraud to showcase a holistic approach to fraud prevention. This book also features major case studies from the United States, the United Kingdom, and Australia.

Author: M. Krambia-Kapardis

Publisher: Springer

ISBN: 9781137406439

Category: Business & Economics

Page: 233

View: 231

Download →

Recent large-scale corporate collapses, such as Lehman Brothers, Enron, Worldcom, and Parmalat, highlight the implosion of traditional models of fraud prevention. By focusing on risk factors at the micro level, they have failed to take into account the broader context in which external auditors operate as well as the crucial importance of such factors as corruption, organizational culture, corporate social responsibility, ethical values, governance, ineffective regulation, and a lack of transparency. Corporate Fraud and Corruption engages readers by showing how evidence-based, multi-level micro and macro analysis of fraud risk and protective factors inform effective fraud prevention, in turn minimizing financial catastrophes. Krambia-Kapardis focuses on her own empirical research into the aetiology of fraud to showcase a holistic approach to fraud prevention. This book also features major case studies from the United States, the United Kingdom, and Australia.
Posted in:

Corporate Fraud Investigations and Compliance Programs

The most basic areas of fraud exposure involves " assets that are susceptible to
theft ” and “ financial statement items susceptible to misstatement ” but differ
business to business depending on the industry and setting . Assets that are
more ...

Author: Eugene M. Propper

Publisher:

ISBN: STANFORD:36105060443335

Category: Business & Economics

Page: 359

View: 894

Download →

Posted in:

Corporate Fraud and Internal Control Workbook

The essential companion to Corporate Fraud and Internal Control, complete with review exercises for key concepts Used together with Corporate Fraud and Internal Control: A Framework for Prevention, this Workbook tests readers' knowledge of ...

Author: Richard E. Cascarino

Publisher: John Wiley & Sons

ISBN: 9781118478509

Category: Business & Economics

Page: 192

View: 228

Download →

The essential companion to Corporate Fraud and Internal Control, complete with review exercises for key concepts Used together with Corporate Fraud and Internal Control: A Framework for Prevention, this Workbook tests readers' knowledge of the subject with a focus on the appropriateness of the design of the system of internal controls in fraud risk mitigation, as well as the mechanisms to ensure effective implementation and monitoring on an ongoing basis. This Workbook includes step-by-step exercises and tests to help the reader master the techniques in fraud prevention and detection. Companion to Corporate Fraud and Internal Control: A Framework for Prevention Includes step-by-step exercise and tests Provides discussion-based case studies Features the necessary tools that companies need to combat fraud Written by a fraud prevention leader, Corporate Fraud and Internal Control Workbook features a fill in the blanks structure, followed by a short answer section, and ending with a discussion based series of case studies covering the following topics.
Posted in:

Corporate Fraud

Author: Julia Penny

Publisher:

ISBN: 0754512983

Category: Corporations

Page: 322

View: 745

Download →

Posted in:

Corporate Fraud and Internal Control Software Demo

Applicable for a wide variety of environments, including governmental, financial, manufacturing and e-business sectors Includes case studies from the United States, Europe, and Africa Follows the standards laid down by the Association of ...

Author: Richard E. Cascarino

Publisher: John Wiley & Sons

ISBN: 9781118301562

Category: Business & Economics

Page: 400

View: 116

Download →

Essential guidance for companies to examine and improve their fraud programs Corporate governance legislation has become increasingly concerned with the ongoing resilience of organizations and, particularly, with their ability to resist corporate fraud from the lowest levels to the upper echelons of executive management. It has become unacceptable for those responsible for corporate governance to claim, "I didn't know." Corporate Fraud and Internal Control focuses on the appropriateness of the design of the system of internal controls in fraud risk mitigation, as well as the mechanisms to ensure effective implementation and monitoring on an ongoing basis. Applicable for a wide variety of environments, including governmental, financial, manufacturing and e-business sectors Includes case studies from the United States, Europe, and Africa Follows the standards laid down by the Association of Certified Fraud Examiners, the internationally recognized body governing this activity Accompanying interrogation software demo (software demo is not included as part of this book's e-book file, but is available for download after purchase) Written by a fraud prevention leader, Corporate Fraud and Internal Control addresses the concerns of both management and audit in ensuring a demonstrable level of activity to ensure sustainability of the organization and minimization of the impacts of fraud, upon early detection.
Posted in:

Barriers to Corporate Fraud

This book is the result of their investigations.

Author: Mark Jickling

Publisher: Nova Science Pub Incorporated

ISBN: 1606923366

Category: Business & Economics

Page: 83

View: 512

Download →

The collapse of Enron Corp. in the fall of 2001 had a peculiar side effect: accounting became front page news. For the next year, accounting fraud at a long series of Fortune 500 companies made headlines. The worst cases led to spectacular bankruptcies, mass layoffs, and criminal prosecutions. Many other companies remained intact, but paid millions of dollars to settle charges that their books did not correspond to financial reality. The economic costs of the corporate scandals were substantial: trillions of dollars in shareholder wealth lost and a climate of uncertainty that may have suppressed business investment and hiring after the 2001 recession ended. The barriers to corporate fraud set in place after the Great Depression had clearly failed to protect public investors and were put under close scrutiny. Congress responded by passing the Sarbanes-Oxley Act of 2002, strengthening regulation of auditors, directors, and corporate executives and increasing criminal penalties for fraud. During the 2003-2004 school year, Professor William Black's class at the Lyndon B Johnson School of Public Affairs of the University of Texas examined corporate fraud from a multi-disciplinary perspective. Rather than viewing fraud as simply a securities law matter, the class considered the insights of criminology, sociology, management science, business ethics, behavioural economics, complex systems theory, and other fields. This book is the result of their investigations. The book focuses on the internal controls on American corporations (including corporate governance, business ethics, managerial structure and compensation, internal counsel, and whistleblowers), as well as external controls (government regulation, external auditors and accountants, and the judicial process). A recurring theme is the limited efficacy of many safeguards and watchdogs in cases of "control fraud," where fraud is directed or abetted by top management, and where unethical or abusive practices may become the organisational norm. It may then be easier for employees, directors, auditors, and even government regulators to go along with the prevailing trends, rather than take a stand which might disrupt the smooth functioning of the business, and could bring on devastating personal and organisational consequences. Another broad question raised by the book is whether the post-Enron scandals were a one-time event, made possible by the stock market bubble of the 1990s and several other unique historical developments which together constituted a "perfect storm," or whether fraud is a cyclical phenomenon associated with the end of long bull markets. The question has policy implications: if recent corporate scandals represent an unfortunate result of a unique set of conditions, one might conclude that the restraints now in place are sufficient to prevent outbreaks of fraud under normal circumstances. On the other hand, if fraud is cyclical and can be expected to reappear once stock prices begin to soar again, one might conclude that the post- Enron scandals have revealed fundamental weaknesses in law and regulation.
Posted in:

Corporate Fraud Responsibility

Author: William H. Manz

Publisher: William S. Hein & Co., Inc.

ISBN: 1575887835

Category: Law

Page: 10

View: 117

Download →

The Sarbanes-Oxley Act is intended to change the way thatcorporations do business. It provides new standards ofcorporate responsibility, enhances disclosure requirements,provides for heightened criminal penalties, creates rightsof action, and sets up strict disclosure standards forpublic companies. The complete 10-volume set, whichconsists of the 2-volume core set plus 8 supplementalvolumes, contains 114 documents and is intended for use byin-depth research libraries. The 2-volume core set containsthe first 54 documents of the complete set and would beof interest to law firms and general libraries. See itemnumber 329087 to purchase the 2-volume core set only.
Posted in: