Executive Roadmap to Fraud Prevention and Internal Control: Creating a Culture of Compliance / Edition 2

by Martin T. Biegelman, Joel T. Bartow

Overview

How-to, authoritative guidance for creating a best-in-class fraud prevention and compliance program in any organization

Now in a Second Edition, this practical book helps corporate executives and managers understand the full ramifications of good corporate governance and compliance. It covers best practices for establishing a unit to protect the financial integrity of a business; theories and models on how and why fraud occurs in an organization; importance of strong internal controls; major compliance and corporate governance initiatives and milestones since 1985; and more. Complete coverage includes implementation guidance for a robust fraud prevention and compliance program, including sample policies, best practice examples, and a 14-point management antifraud program.

• Covers fraud risk assessment and prevention guidance
• Looks at global risk issues, including the Foreign Corrupt Practices Act (FCPA) and UK Bribery Act
• Examines amendments to the Federal Sentencing Guidelines for Organizational Crime
• Discusses Dodd-Frank Whistleblower Provisions
• Explores enterprise risk management key program elements
• Offers coverage of how fraud and compliance failures contributed to the financial crisis
• Includes enhanced principles for fraud data mining
• Presents new cases, checklists and real-world examples, expanded international coverage, and the latest technological tools
• Shows executives and managers what their responsibilities are regarding fraud prevention, internal controls, and compliance
• Provides an instructor's website, including a test bank
• Other titles by Biegelman: Building a World-Class Compliance Program and Foreign Corrupt Practices Act Compliance Guidebook

Completely revised and updated, Executive Roadmap to Fraud Prevention and Internal Control, Second Edition is every manager's best resource for understanding all the complex issues and responsibilities associated with fraud and compliance.

Product Details

ISBN-13:	9781118004586
Publisher:	Wiley
Publication date:	04/10/2012
Edition description:	2nd Revised ed.
Pages:	448
Product dimensions:	6.30(w) x 9.10(h) x 1.50(d)

About the Author

MARTIN T. BIEGELMAN, CFE, CCEP, has been fighting fraud and corruption for more than thirty-five years in various roles in law enforcement, consulting, and the corporate sector. He is currently a Director in the Global Investigations and Compliance Practice at Navigant Consulting. He previously served as Director of Financial Integrity at Microsoft Corporation.

JOEL T. BARTOW, CFE, CPP, is Operations Director for IntegriGuard, LLC. Mr. Bartow has over twenty-five years of experience in fraud and security investigations as an FBI Special Agent and in the private sector, where he developed successful fraud prevention programs.

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Table of Contents

Foreword to the Second Edition xiii

Foreword to the First Edition xvii

Preface xxi

Acknowledgments xxvii

Chapter 1 Fraud’s Feeding Frenzy 1

Chapter 2 Fraud Theory and Prevention 23

Chapter 3 The Path to Greater Corporate Compliance, Accountability, and Ethical Conduct: COSO to Sarbanes-Oxley 47

Chapter 4 The Path to Greater Corporate Compliance, Accountability, and Ethical Conduct: SAS 99 to the 2010 Amendments to the Federal Sentencing Guidelines for Organizations 81

Chapter 5 Internal Controls and Antifraud Programs 105

Chapter 6 Financial Statement Fraud 133

Chapter 7 Internal Fraud: Protecting a Company 157

Chapter 8 Former Fraudster and New Man 171

Chapter 9 External Schemes and Scams: The Rest of the Fraud Story 185

Chapter 10 Not Too Big to Fail 205

Chapter 11 Designing a Robust Fraud Prevention Program 231

Chapter 12 Whistleblowers and Hotlines 255

Chapter 13 Time to Do Background Checks 287

Chapter 14 Training, Training, and More Training 307

Chapter 15 Global Fraud and Corruption Risk 329

Chapter 16 The Feds Are Watching: What to Know and Do Now 349

Chapter 17 A Fraud Prevention Culture That Works 371

Appendix

ACFE Fraud Prevention Checklist 391

About the Authors 395

Index 399