Principles of Fraud Examination

Accountants have historically had an important role in the detection and deterrence of fraud. As Joe Wells' Principles of Fraud Examination, 4th Edition illustrates, fraud is much more than numbers; books and records don't commit fraud – people do. Widely embraced by fraud examination instructors across the country, Principles of Fraud Examination, 4th Edition, by Joseph Wells, is written to provide a broad understanding of fraud to today's accounting students – what it is and how it is committed, prevented, detected, and resolved. This 4th Edition of the text includes a chapter on frauds perpetrated against organizations by individuals outside their staff—a growing threat for many entities as commerce increasingly crosses technological and geographical borders.

Chapter 1 Introduction 3 Chapter 2 Skimming 51 Chapter 3 Cash Larceny 75 Chapter 4 Billing Schemes 93 Chapter 5 Check Tampering 121 Chapter 6 Payroll Schemes 155 Chapter 7 Expense Reimbursement Schemes 179 Chapter 8 Register Disbursement Schemes 197 Chapter 9 Noncash Assets 213 Chapter 10 Corruption 239 Chapter 11 Accounting Principles and Fraud 273 Chapter 12 Financial Statement Fraud Schemes 301 Chapter 13 External Fraud Schemes 349 Chapter 14 Fraud Risk Assessment 367 Chapter 15 Conducting Investigations and Writing Reports 391 Chapter 16 Interviewing Witnesses 417 Chapter 17 Occupational Fraud and Abuse: the Big Picture 443 Appendix a Online Sources of Information 457 Appendix B Sample Code of Business Ethics and Conduct 467 Appendix c Fraud Risk Assessment Tool 481 Bibliography 511 Index 513