Forensic Accounting and Fraud Investigation for Non-Experts - Hardcover

A must-have reference for every business professional, Forensic Accounting and Fraud Investigation for Non-Experts, Second Edition is a necessary tool for those interested in understanding how financial fraud occurs in an organization and what to do when it is found or suspected. With comprehensive coverage, authors and industry experts Howard Silverstone and Michael Sheetz provide insightful advice on where an organization is most susceptible to fraud and how to effectively act when fraud is suspected.

Forensic Accounting and Fraud Investigation for Non-Experts, Second Edition features:

• Discussion of the implications of the Sarbanes-Oxley Act and?PCAOB rulings
• All new real-life examples for business managers and criminal investigators
• New legal milestone cases
• A detailed look at the investigative process, providing guidance on documentary evidence, the role of the expert witness, and interview techniques

Highly readable and accessible, this timely book is conveniently organized into two sections?—forensic accounting overview and financial crime investigation—providing readers with a complete grounding in all phases of forensic accounting and fraud investigation. The methods and tips provided enable managers to readily recognize and investigate financial fraud as well as the evolving sophistication of financial crimes occurring within their firms.

Executives, managers, criminal investigators, and prosecuting attorneys all require a basic understanding of accounting principles and investigative techniques to protect their organizations from fraud. Forensic Accounting and Fraud Investigation for Non-Experts, Second Edition helps non-accountants better understand basic forensic accounting principles, how different types of fraud occur, and how to detect and probe fraud in an approach that maximizes the chances of successful prosecution of the perpetrator.

An unflinching and complete guide to forensic accounting and investigation for the non-expert

"A sharp, savvy examination of financial fraud and forensic accounting. The beauty of this book is in its clear language and engaging manner. I found it a pleasure to read. As a primer on the subject, it is a must. Highly recommended."
—Christopher Reich author of The Devil's Banker

Hundreds of thousands of incidents involving financial fraud occur each year because of poor or inadequate accounting and financial control and security. Forensic Accounting and Fraud Investigation for Non-Experts, Second Edition provides you with access to all the critical accounting principles and investigative techniques you will need to protect your organization from devastating losses and scandal due to fraud.

The Second Edition is filled with an abundance of new tips on knowing the financial areas where your organization is most vulnerable, as well as how to implement effective investigation processes when fraud is suspected.

Covering basic accounting principles as they apply to forensic accounting and the most common types of fraud, this up-to-date volume thoroughly examines the investigative process, with discussions on documentary evidence, the role of the expert witness, and interview techniques. All phases of forensic accounting are addressed, complete with actual examples demonstrating applications in the real world.

The cost of fraud can be damaging to your company or organization. Forensic Accounting and Fraud Investigation for Non-Experts, Second Edition expertly arms you with the tools to help prevent fraud and reduce fraud losses.