Forensic accountants investigate economic crimes, perform risk assessments, assist in all kinds of civil litigation, andprovide expert testimony. If you're pursuing a career in thisexciting field or just want to understand how to detect and deal with financial fraud, this hands-on, friendly guide gives you plain-English explanations of the concepts andmethods of forensic accounting.
Forensic accounting 101 — get the scoop on who seeks out the services of a forensic accountant and the many types of services you'd be expected to provide
Who's cooking the books? — discover the types of fraud that take place within a business, from financial statement fraud to inventory fraud
Can't always bank on friendship — find out how forensic accountants help victims of fraud perpetuated by friends, family members, neighbors, and business partners
Put on your investigator's hat — detect the perpetrators of fraud and their methods by using the latest technology and investigative tools
Open the book and find:
The most common fraud schemes
Frauds committed againstbusinesses and individuals
How to spot and uncover financial statement fraud
Tips for identifying alteredrevenue statements
A detailed look at the litigation process
Ways to identify electronic scams
Stories of real fraud cases, some nearly unbelievable
Job opportunities with the IRSand FBI
Learn to:
Grasp the concepts and fundamentals of forensic accounting
Understand how financial fraud occurs and what to do if you suspect it in your own organization
Pursue a career in this growing field
Vijay S. Sampath is Managing Director in the Forensic and Litigation Consulting business segment of FTI Consulting, Inc.
Par t I: Investigating Forensic Accounting.
Chapter 1: Why the World Needs Forensic Accountants.
Chapter 2: Steering Your Career toward Forensic Accounting.
Chapter 3: Getting to Know the Most Common Fraud Schemes.
Chapter 4: Forensic Accounting Minus the Fraud.
Part II: The Anatomy of Occupational Fraud.
Chapter 5: Cooked Books: Finding Financial Statement Fraud.
Chapter 6: Investigating Inventory Fraud.
Chapter 7: Examining Revenue Recognition Problems.
Chapter 8: Studying Securities Fraud.
Part III: It's All in the Family: Fraud against Individuals.
Chapter 9: Divorce with a Side of Fraud.
Chapter 10: Protecting Estates, Trusts, and the Elderly.
Chapter 11: Recognizing Real Estate Fraud.
Part IV: Meeting Your Methods of Investigation.
Chapter 12: Walking through the Investigation Process.
Chapter 13: Tracing the Flow of Money.
Chapter 14: Going to the Source: Obtaining Records.
Chapter 15: Tapping into Electronic Evidence.
Chapter 16: Who Wants to Know? Reporting on Your Findings.
Chapter 17: Preparing for Trial: Business Litigation.
Chapter 18: Organizing Evidence and Serving as an Expert Witness.
Chapter 19: Peeking Inside Federal Government Fraud Cases.
Part V: Preventing Occupational Fraud.
Chapter 20: Helping Small Businesses Prevent Fraud.
Chapter 21: Assisting Larger Businesses with Fraud Prevention.
Chapter 22: Keeping Employees Honest (and Happy).
Chapter 23: Applying Technology to Fraud Prevention.
Part VI: The Part of Tens.
Chapter 24: Ten Entertaining Portrayals of Fraud.
Chapter 25: Ten Fairly Common – and Unsuspected – Frauds.
Chapter 26: Ten Truly Strange Fraud Stories.
Index.
