TOMMIE W. SINGLETON, CPA, CMA, CISA, CFF, CGEIT, and CITP, is Marshall IS Scholar and coordinator of the Forensic Accounting Program at the University of Alabama at Birmingham. His articles have appeared in such journals as EDPACS, EDP Auditor Journal, White-Collar Crime Fighter, Journal of Corporate Accounting and Finance, and Information Systems Audit and Control journal. Tommie has presented this material to dozens of auditing firms, internal audit departments, and professional organizations as seminars and training. He is a scholar-in-residence for the regional public accounting firm Carr, Riggs & Ingram with responsibilities related to fraud auditing and forensic accounting.
AARON J. SINGLETON, CPA, CISA, has worked for five years at a global public accounting firm performing information technology, financial statement, and regulatory compliance audits. Aaron's prior experience includes managing accounting and systems for a private wholesale company, and experience in systems development, installation, and support. Aaron has published articles related to fraud and forensics in journals including the Information Security Journal and the Journal of Corporate Accounting and Finance. Aaron earned his master's of accountancy from Bowling Green State University, and bachelor's degrees in accounting and management from the University of Alabama at Birmingham.
Chapter 1 Background of Fraud Auditing and Forensic Accounting.
Brief History of Fraud and the Anti-fraud Profession.
The Fraud Cycle.
Review of Technical Literature.
Forensic Accountant and Audits.
Keys to Effective Fraud Investigation.
The Anti-fraud Professional's Career.
Chapter 2 Fraud Principles.
Definition: What Is Fraud?
Synonyms: Fraud, Theft, and Embezzlement.
Classic Fraud Research.
Scope of Fraud.
Profile of Fraudsters.
Who Is Victimized by Fraud Most Often?
Evolution of a Typical Fraud.
Chapter 3 Fraud Schemes.
ACFE Fraud Tree.
Financial Statement Schemes.
Asset Misappropriation Schemes.
Chapter 4 Red Flags.
Common Red Flags.
Specific Red Flags.
Fraud Detection Model.
Chapter 5 Fraud Risk Assessment.
Technical Literature and Risk Assessment.
Risk Assessment Factors.
Risk Assessment Best Practices.
Risk Management Checklists and Documentation.
Chapter 6 Fraud Prevention.
Perception of Detection.
Other Prevention Measures.
Chapter 7 Fraud Detection.
Fraud Detection Axioms.
Common Detection Methods.
Specific Detection Methods
Appendix 7A: Beneish's Ratios.
Chapter 8 Fraud Response.
Fraud Response Team.
Appendix 8A: ACFE Sample Fraud Policy.
Appendix 8B: Sample Fraud Policy Decision Matrix.
Chapter 9 Computer Crime.
History and Evolution of Computer Crimes.
Computer Crime Theories and Categorizations.
Characteristics of the Computer Environment.
Information Security (INFOSEC).
Profiling Internet Fraudsters.
Chapter 10 Fraud and the Accounting Information System.
Segregation of Duties.
Accounting Information Systems.
New Forms of Media
Audit Trail Concept.
Chapter 11 Gathering Evidence.
Rules of Evidence.
Other Rules of Evidence.
Chapter 12 Cyber Forensics.
Expectation of Privacy.
Types of Investigations.
Sources of Digital Data.
Types of Cyber Data.
Cyber Forensics Investigation Process.
Variety of Specialists in Cyber Forensics.
Chapter 13 Obtaining and Evaluating Non-Financial Evidence in a Fraud Examination.
Chapter 14 General Criteria and Standards for Establishing an Expert Witness's.
Personal Qualities of the Expert.
Sources for Locating Expert Witnesses.
Distinguishing the Actual Area of Competence.
Chapter 15 The Legal Role and Qualifications of an Expert Witness.
Role of a Forensic Accountant as a Witness in Court.
Legal Qualifications for a Forensic Accountant as an Expert Witness.
Qualification and Admissibility of Accounting Evidence.
Expert's Role in the Litigation Team.
Appendix 15A: Transcript of Typical Court Testimony of Expert Witness.
Chapter 16 Effective Tactics and Procedures for the Expert Witness in Court.
Being a Credible Expert Witness.
Expert’s Role in the Litigation Team.
Trial and Testimony.
Chapter 17 Fraud and the Public Accounting Profession.
History of Fraud and the Auditor: A Summary.
Fraud and the Auditor's Liability.
Fraud and the Auditor's Responsibility.
Fraud and the Auditor's Role.
About the Authors.