Download or read book Fraud Risk Assessment written by Leonard W. Vona and published by John Wiley & Sons. This book was released on 2012-06-29 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a comprehensive framework for building an effective fraud prevention model, Fraud Risk Assessment: Building a Fraud Audit Program presents a readable overview for developing fraud audit procedures and building controls that successfully minimize fraud. An invaluable reference for auditors, fraud examiners, investigators, CFOs, controllers, corporate attorneys, and accountants, this book helps business leaders respond to the risk of asset misappropriation fraud and uncover fraud in core business systems.
Download or read book Internal Auditors Fraud Risk Assessments written by Tina Carpenter and published by . This book was released on 2009 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent financial reporting scandals have prompted actions directed at improving corporate governance, especially as it relates to fraud prevention and detection. Internal auditors are now perceived as an important part of the solution to this breakdown in financial reporting and ethical behavior. We investigate whether the group interaction commonly associated with brainstorming is necessary to reap the benefits of brainstorming for auditors' fraud judgments. We also investigate whether this group interaction can reduce a response mode bias that auditors have been shown to exhibit when assessing risk qualitatively or quantitatively. Results from our experiment suggest that internal auditors who brainstorm in groups provide higher fraud risk assessments than individual auditors who brainstorm alone, and the brainstorming groups also identify more quality fraud risks than individual auditors who brainstorm alone. Consistent with prior research, we find that auditors who assess risk qualitatively generally provide higher fraud risk assessments than those auditors who assess risk quantitatively. However, group brainstorming appears to significantly reduce this bias. We conclude that group brainstorming could provide benefits for internal auditors when making fraud judgments.
Download or read book Fraud Risk Assessment written by Tommie W. Singleton and published by John Wiley and Sons. This book was released on 2011-04-12 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for the Fourth Edition of Fraud Auditing and Forensic Accounting "Tommie and Aaron Singleton have made important updates to a book I personally rely very heavily upon: Fraud Auditing and Forensic Accounting (FAFA). In the newest edition, they take difficult topics and explain them in straightforward actionable language. All my students benefitted from reading the third edition of the FAFA to better understand the issues and area of fraud and forensic accounting. With their singular focus on understandability and practicality, this Fourth Edition of the book makes a very important contribution for academics, researchers, practitioners, and students. Bravo!"—Dr. Timothy A. Pearson, Director, Division of Accounting, West Virginia University, Executive Director, Institute for Fraud Prevention "Finally someone has written a book that combines fraud examination and forensic accounting. The authors have clearly explained both in their earlier edition and now they have enhanced the first with additional materials. The order in which the material is presented is easy to grasp and logically follows the 'typical' fraud examination from the awareness that something is wrong to the court case. The explanatory materials presented aid this effort by being both well placed within the book and relevant to the narrative." —Dr. Douglas E. Ziegenfuss, Chair and Professor, Department of Accounting, Old Dominion University "Fraud Auditing and Forensic Accounting is a masterful compilation of the concepts found in this field. The organization of the text with the incorporation of actual cases, facts, and figures provides a logical and comprehensive basis for learning the intricacies of fraud examination and forensic accounting. The authors successfully blend the necessary basics with advanced principles in a manner that makes the book an outstanding resource for students and professionals alike."—Ralph Q. Summerford, President of Forensic/Strategic Solutions, PC
Download or read book Audit Risk Assessment Made Easy written by Charles Hall and published by . This book was released on 2021-08-07 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Teaches auditors how to use risk assessment to plan their engagements.
Download or read book A Short Guide to Fraud Risk written by Martin Samociuk and published by Routledge. This book was released on 2017-05-15 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Short Guide to Fraud Risk is for: * anyone who needs to better understand fraud risks, either company-wide, or in a specific business unit; * directors and managers who would like to add value by building fraud resistance into their organization and to demonstrate to shareholders, regulators or other stakeholders that they are managing fraud risks, rather than just reacting to incidents; * regulators, auditors and compliance professionals who need to assess the effectiveness of an organisation's fraud prevention measures. The book gives a concise but thorough introduction to the risk of fraud based on a six-element strategy. It includes practical steps to assess and treat fraud risks across an organisation, including those relating to executive directors. It also provides practical steps to develop fraud awareness across an organisation and how to implement an effective fraud detection and incident management program. The application of the principles is illustrated with example documents and numerous case studies aimed at assisting the reader to implement either individual elements or a complete fraud risk management strategy.
Download or read book Professional Skepticism and Fraud Risk Assessment An Internal Auditing Perspective written by Porschia C. Nkansa and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: My dissertation focuses on examining the professional skepticism of internal auditors related to fraud risk assessment and environmental characteristics. The dissertation is comprised of three separate studies but the overall research question that is addressed is: How do certain environmental pressures affect the professional judgment (in this case, fraud risk assessment) and skeptical actions of internal auditors? The specific environmental factors examined in this dissertation are: (1) the level of coordination with external auditors, (2) a perceived conflict with legal counsel, and (3) the Chief Audit Executive's emphasis on professional skepticism. Each study consists of case materials (adapted from previous studies) with three parts: a fraud risk assessment, an indication of skeptical action, and personality trait questionnaires (including a professional skepticism scale). The results of this dissertation will be useful to audit committees, boards of directors, chief audit executives, corporate managers, external auditors, and regulators. The purpose of the first study is to investigate how the level of coordination with the external auditor affects internal auditors' fraud-related actions. Planned audit hours are the measure of skeptical action in this study. Prior research suggests that accountability strength influences auditor effort. The effect of external auditor coordination on internal auditors' planned audit hours has important implications for efficiency and perceived accountability to external stakeholders. Regulators and stakeholder organizations have encouraged more collaboration between external and internal auditors to improve efficiency and fraud detection. An experiment is conducted with 112 internal auditors to examine the theorized effects. The study uses a 2 x 2 between-subjects design and manipulates fraud risk (low or high) and external auditor coordination (low or high). Consistent with predictions, I find that internal auditors increase planned audit hours when fraud risk is high and that coordination moderates the relationship between fraud risk and hours. The results illustrate that although high external auditor coordination decreases internal auditors' hours (reflecting efficiency), internal auditors are more sensitive to responding to fraud risk when coordination is high (reflecting accountability).
Download or read book Detecting Fraud in the Organization written by Priscilla Ann Burnaby and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fraud constitutes a significant problem for many organizations. Its effects range from monetary costs to reputational loss. With the added impetus of recent regulations, the implementation of an effective anti-fraud program is a priority for most companies. To establish the basis for the effectiveness of controls and procedures designed in the anti-fraud program, a comprehensive fraud risk assessment should be performed and the program should be periodically reassessed. The Institute of Internal Auditors' (IIA) Practice Guide, IPPF - Internal Auditing and Fraud states that the organization's internal audit activity is often called upon to play a pivotal role in the development and evaluation of anti-fraud programs. This study examined the perceptions of internal auditors based on a survey instrument that collected data on the top fraud risks that internal auditors believed threaten their organizations and the procedures they perceived to be most effective in detecting those frauds. In response to The IIAs' Global Technology Audit Guide, Fraud Prevention and the Detection in an Automated World, the study also examined internal auditors' use of various business intelligence tools. The survey participants also shared the skills that they considered to be most important for detecting fraud. These skills were mapped to The IIA's Internal Auditor Competency Framework.
Download or read book The Internal Auditor s Guide to Risk Assessment 2nd Edition written by Rick A. Wright and published by . This book was released on 2018-03-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Anti Fraud Risk and Control Workbook written by Peter Goldmann and published by John Wiley & Sons. This book was released on 2009-07-17 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to measure your organization's fraud risks Detecting fraud before it's too late Little-known frauds that cause major losses Simple but powerful anti-fraud controls Proven guidance for fraud detection and prevention in a practical workbook format An excellent primer for developing and implementing an anti-fraud program, Anti-Fraud Risk and Control Workbook engages readers in an absorbing self- paced learning experience to develop familiarity with the practical aspects of fraud detection and prevention. Whether you are an internal or external auditor, accountant, senior financial executive, accounts payable professional, credit manager, or financial services manager, this invaluable resource provides you with timely discussion on: Why no organization is immune to fraud The human element of fraud Internal fraud at employee and management levels Conducting a successful fraud risk assessment Basic fraud detection tools and techniques Advanced fraud detection tools and techniques Written by a recognized expert in the field of fraud detection and prevention, this effective workbook is filled with interactive exercises, case studies, and chapter quizzes and shares industry-tested methods for detecting, preventing, and reporting fraud. Discover how to become more effective in protecting your organization against financial fraud with the essential techniques and tools in Anti-Fraud Risk and Control Workbook.
Download or read book A Practical Guide to Performing Fraud Risk Assessments written by Mary Breslin and published by Auerbach Publications. This book was released on 2017-10-15 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: All organizations face fraud risk. Understanding how to properly identify and assess potential fraud risk helps a business develop and implement an effective fraud program that can reduce the associated potential financial, reputation and organization risks. The ability for an organization to prevent and detect fraud begins with the ability to identify and assess potential fraud risks for their organization. This book will help organizations and individuals learn and develop the skills necessary to help drive, implement and execute an effective Fraud Risk Assessment as part of an overall Fraud Risk Program through the use of case studies, best practices and effective tools and templates.
Download or read book The Internal Auditor s Guide to Risk Assessment written by Rick A. Wright and published by . This book was released on 2013 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Risk Management written by David McNamee and published by Institute of Internal Auditors Research Foundation Institute. This book was released on 1998 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Why and How of Auditing written by Charles Hall and published by . This book was released on 2019-06-25 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assists auditors in planning, performing, and completing audit engagements. It is designed to make auditing more easily understandable.
Download or read book Financial regulation written by Gerald Vinten and published by Emerald Group Publishing. This book was released on 2005 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Fraud Audit written by Leonard W. Vona and published by John Wiley & Sons. This book was released on 2011-08-09 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essential guidance for creation of an effective fraud audit program in core business systems The Association of Certified Fraud Examiners has reported that U.S. businesses lose up to $4 billion annually due to fraud and abuse. Discover fraud within your business before yours becomes another business fraud statistic. The Fraud Audit provides a proven fraud methodology that allows auditors to discover fraud versus investigating it. Explains how to create a fraud audit program Shows auditors how to locate fraud through the use of data mining Focuses on a proven methodology that has actually detected fraudulent transactions Take a look inside for essential guidance for fraud discovery within specific corporate F&A functions, such as disbursement, procurement, payroll, revenue misstatement, inventory, journal entries, and management override.
Download or read book Standards for Internal Control in the Federal Government written by United States Government Accountability Office and published by Lulu.com. This book was released on 2019-03-24 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policymakers and program managers are continually seeking ways to improve accountability in achieving an entity's mission. A key factor in improving accountability in achieving an entity's mission is to implement an effective internal control system. An effective internal control system helps an entity adapt to shifting environments, evolving demands, changing risks, and new priorities. As programs change and entities strive to improve operational processes and implement new technology, management continually evaluates its internal control system so that it is effective and updated when necessary. Section 3512 (c) and (d) of Title 31 of the United States Code (commonly known as the Federal Managers' Financial Integrity Act (FMFIA)) requires the Comptroller General to issue standards for internal control in the federal government.
Download or read book The Internal Auditor s Guide to Risk Assessment 2nd Edition written by Rick A. Wright Jr. and published by . This book was released on 2018-03-10 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to give readers the knowledge and tools needed to confidently plan and conduct risk assessments. It will be of interest to staff auditors, new chief audit executives, and business professionals rotating into internal audit assignments. A helpful online toolkit is also included.
