Fraud Data Analytics Methodology: The Fraud Scenario Approach to Uncovering Fraud in Core Business Systems (Wiley Corporate F&A)
| Author | : | |
| Rating | : | 4.68 (807 Votes) |
| Asin | : | B01N5ESDK6 |
| Format Type | : | |
| Number of Pages | : | 576 Pages |
| Publish Date | : | 2018-01-19 |
| Language | : | English |
DESCRIPTION:
. A forensic auditor with more than 38 years of diversified forensic auditing experience, he has provided more than 1,500 days of fraud training around the world. He has provided expert witness testimony in federal and state courts; consulted with corporations around the world; and is the author of Fraud Risk Assessment: Building the Fraud Audit Program and The Fraud Audit: Responding to the Risk of Fraud in Core Business Systems,
Fraud Data Analytics Methodology lays out a convenient, detailed collection of the most common fraud scenarios and how they manifest in every core business system. Written by a financial investigator with more than thirty years of practice, including extensive trial experience in state and federal courts, this guiding reference offers a step-by-step fraud data analytics methodology for effectively analyzing data with a goal of selecting transactions for audit examination. While you may not always know the type of fraud being committed, this methodology ensures you find and identify every variation of fraud scenario by: Thoroughly demonstrating how to use fraud data analytics to uncover asset misappropriation, corruption, and financial reporting schemes, including how the fraud scenario correlates to each phase of the auditProviding direction on how and when to use specific strategies, along wi
These methodologies require no advanced software skills, and are easily implemented and integrated into any existing audit program. Proven techniques help you identify signs of fraud hidden deep within company databases, and strategic guidance demonstrates how to build data interrogation search routines into your fraud risk assessment to locate red flags and fraudulent transactions. Locate hidden signs of fraudBuild a holistic fraud data analytic planIdentify red flags that lead to fraudulent transactionsBuild efficient data interrogation into your audit planIncorporating data analytics into your audit program is not about reinventing the wheel. When the old methods are no longer sufficient, new tools are often the boost that brings exceptional results. By combining fraud risk assessment and fraud data analytics, you'll be able to better identify and respond to the risk of fraud in your audits. Fraud Data Analytics Methodology gets you up to speed, with a
Dave said The New Standard in Fraud Data Analytics. As an auditor, with decades of experience, this book receives my highest recommendation. It's not simply a bunch of high level esoteric theories regarding fraud detection. In fact, the author argues that searching for fraud isn't even the right approach. Auditors need to focus on searching for specific scenarios where fraud can occur. While t