Fraud Examination Casebook with Documents: A Hands–on Approach

A practical advantage for entry–level fraud examiners with start–to–finish casework Fraud Examination Casebook with Documents provides critical practice for students and new CPAs; criminal and insurance investigators; and attorneys seeking additional guidance on real–world fraud investigation. With five cases that include over 100 pages of documentation, this guide helps you put your conceptual knowledge to work as you conduct full–length Fraud Examinations from predication through report. Short instructional narratives guide you through tools like horizontal and vertical analysis, report writing, and other important tasks, while Excel templates streamline the process and kick start your investigation. Multiple–choice questions help you gauge your understanding and practical mastery, while expert guidance throughout prompts you to draw on your existing knowledge and apply it to casework. With a focus on asset misappropriation and financial statement fraud, these cases provide highly relevant experience for real–world practice. Learning concept isn?t always enough to do the job effectively; knowing is different from applying, yet few practical resources exist for new and aspiring fraud examiners until now. This book provides the much–needed practice that helps examiners polish their skills, with expert guidance every step of the way. Conduct actual Fraud Examinations Perform horizontal and vertical analyses Review checks and decode debit card transactions Examine adjustments to electronic records Perform simple forensic data analytics Vouch to/from documentation Write complete Fraud Examination reports Prepare court–ready schedules and audio–visuals As you work your way through the cases, you?ll develop the skills and instinct experienced examiners rely upon every day. You?ll hone your analytical edge and master the essentials of report writing, leaving you fully equipped to conduct a thorough investigation and deliver your findings clearly, comprehensively, and authoritatively. Fraud Examination Casebook with Documents is a vital resource for students and new fraud examiners seeking a practical advantage in real–world skills. INDICE: Preface .Overview of the Serial Fraud Cases .(A Family of Fraudsters) .Fraudulent Financial Statements .Check Fraud, Debit Card Fraud, Cash Larceny .Fraudulent Edits/Adjusting Journal Entries to Cash Receipts .Excel Pivot Analyzes and Summarize a Huge Amount of Data .Tracing Excel Pivot Red Flags Back to Source Documents and Documenting the Flow of Money .Case 1: Fraudulent Financial Statements .1–1 Larsen s Convenience Store: Using Analytical Procedures in Detecting Financial Statement Fraud .1–2 How to Perform a Horizontal, Vertical, and Ratio Analysis .1–3 Exercises Fraudulent Financial Statements (Larsen Convenience Store) .1–4 Exercise Templates .1–5 Review Questions Fraudulent Financial Statements (Larsen Convenience Store) .Case 2: Check Fraud, Debit Card Fraud, Cash Larceny .2–1 Anderson Internal Medicine: Preparing a Bank Reconciliation and Spreading /Analyzing Transactions on Monthly Statements from Financial Institutions .2–2 How to Perform a Bank Reconciliation .2–3 How to Read Checks and Decode Debit Card Transactions .2–4 How to Spread and Analyze Check and Debit Card Transactions .2–5 Exercises Check Fraud, Debit Card Fraud, & Cash Larceny (Anderson Internal Medicine) .2–6 Exercise Templates .2–7 Review Questions Check Fraud, Debit Card Fraud, & Cash Larceny (Anderson Internal Medicine) .Case 3: Fraudulent Edits/Adjusted Journal Entries .3–1 Anderson Internal Medicine (Edits/AJEs): Vouching from a schedule (e.g., data extraction of edits/adjusting journal entries) to source documents (e.g., deposit slips and bank statements). .3–2 How to Vouch/Trace between a Source Document and an Accounting Ledger, Journal, or Activity Log .3–3 Exercises – Fraudulent Edits (or AJEs) (Anderson Internal Medicine) .3–4 Exercise Template .Case 4: Using Data Analytics: Analyzing and Summarizing Data with Excel Pivot .4–1 Anderson Internal Medicine (Data Analytics): Using Data Analytics Analyzing and Summarizing Data with Excel Pivot .4–2 How to Use Excel Pivot to Analyze and Summarize Data .4–3 Exercises – Using Data Analytics (Anderson Internal Medicine) .4–5 Review Questions Using Data Analytics (Anderson Internal Medicine) .Case 5: Tracing Data Analytics Red Flags Back to Source Documents Using Subpoenas .5–1 Anderson Internal Medicine & Larsen Convenience Store (Conspiracy & Loan Fraud): Trace transactions discovered during data analytics back to source documents using subpoenas .5–2 How to Write Wording to Subpoena Documents, Information, and/or Objects .5–3 Exercise – Anderson Internal Medicine & Larsen Convenience Store (Conspiracy & Loan Fraud) .Case 6: Reports, Schedules, and Audio–Visuals .6–1 Writing a Fraud Examination Report .6–2 Formatting Schedules for Inclusion with Reports .6–3 How to Simplify the Complex with Audio–Visuals .Case 7: Documents .7–1 Larsen Convenience Store .Recorded Interview Gregory Larsen .Authorization for Release of Financial Records .Sworn Statement Proof of Loss .2013 IRS Individual Tax Returns (Schedules C) .2014 IRS Individual Tax Returns (Schedules C) .2015 IRS Individual Tax Returns (Schedules C) .2014 SBA Personal Financial Statements .2015 SBA Personal Financial Statements .2016 SBA Personal Financial Statements .Transcripts 2015 Sales & Use Taxes per Form ST–3 .Shamrock Groceries 2015 Purchase by Month .Georgia–Tennessee Fuel Partners 2015 Purchase by Month .Marietta Beverage Company 2015 Purchase by Month .Discount Tobacco Supply 2015 Purchase by Month .Jenkins Media Service 2015 Purchase by Month .10–30–15 Physical Inventory .7–2 Anderson Internal Medicine .Bank Reconciliation April 1, 2016 Tonya Larsen .Bank Statement March 2016 .Canceled Checks (Front) .Canceled Checks (Back) .Deposit Tickets March 2016 .Cash Receipts Journal March 2016 .Cash Disbursements Journal March 2016 .7–3 Anderson Internal Medicine (Edits/AJEs) .Report of Interview Jennifer Anderson, MD .Data Extraction 203–Tonya Edits .Deposit tickets January through March 2016 .7–4 Anderson Internal Medicine (Excel Pivot) .Excel spreadsheet Details of Transactions in Bank of Lawrenceville . September 2015 through February 2016 .7–5 Anderson Internal Medicine and Larsen Convenience (Husband/Wife Bank Fraud Conspiracy) .Report of Interview John Grayson .Credit Application Waleska Bank .Waleska Bank Statement for Greg Larsen December 2015 .Front of Official Checks Loan No. 15–3989 .Front of Checks for Account 7011176 (Greg Larsen) .Back of Official Checks Loan No. 15–3989 .Back of Checks for Account 7011176 (Greg Larsen) .Sample U.S. Court Subpoena to Produce Documents, Information, or Objects or to Permit Inspection of Premises in a Civil Action .Sample U.S. Court Subpoena to Produce Documents, Information, or Objects in a Criminal Case .Sample U.S. Court Subpoena to Testify Before a Grand Jury .Sample U.S. Court Subpoena to Testify at a Deposition in a Criminal Case .Sample U.S. Court Subpoena to Testify at a Hearing or Trial in a Criminal Case .About the Authors .About the Website .Index

• ISBN: 978-1-119-34999-0
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 256
• Fecha Publicación: 17/05/2017
• Nº Volúmenes: 1
• Idioma: Inglés