The guide to investigating business fraud
By: by the professionals at Ernst & Young
Contributors: American Institute of Certified Public Accountants
Publisher: American Institute of Certified Public Accountants, Inc.
Published: 2009
Place of publication: New York
Language: eng
Number of pages: 324
ISBN-13: 9780870518362
Subjects: Commercial crimes; Forensic accounting; Fraud investigation
Other titles: Investigating business fraud
Notes: Editors: Ruby Sharma, Michael H. Sherrod, Richard Corgel, Steven J. Kuzma--P. iii-iv.

Includes bibliographical references.
Table of contents: title: 1. Basics of investigations : The current context of business fraud investigations ; Business fraud investigation practice ; The calm before the storm: what can a company's management do to be prepared for an investigation? ; The fraud investigation framework ; The fraud triangle ; Constituency considerations; title: 2. Misappropriation of assets : Cash frauds ; Non-cash fraud ; Asset misappropriation detection, prevention, and deterrence ; Beyond traditional fraud detection analytics; title: 3. Financial statement restatements: protocols and process : Common types of financial statement issues ; The financial restatement process ; Impact of financial statement restatements; title: 4. Foreign corrupt practices act investigations : History ; FCPA overview ; Penalties and enforcement ; Conducting the investigation ; Acquisition considerations ; Internal control and compliance; title: 5. The first 48 hours of an investigation : Anticipating the decisions to be made after an allegation arises ; Identifying allegations ; Initial triage ; Safeguarding people and business operations ; Reporting obligations ; Organizing investigations ; Securing and gathering evidence ; After the first 48 hours; title: 6. Roles and responsibilities: how different stakeholders work during investigations : Internal stakeholders ; External stakeholders and advisors; title: 7. Sources of evidence : Electronic evidence ; Hard copy evidence ; Other sources of evidence ; Access to documents ; Legal considerations ; Appendix A. Examples of sources of public information ; Appendix B. Examples of public records relevant to investigations; title: 8. Electronic evidence : Sources of electronic evidence ; Professional standards ; The electronic evidence review process; title: 9. Cross-jurisdictional issues in the global environment : The global environment and issues ; Monetary judgments, arbitral awards, and restitution orders ; The differences in foreign countries' legal systems and the legal orders available ; Coordinating with government or local authorities ; Effective utilization of resources; title: 10. Working with attorneys: the relationship with counsel : Working together ; Roles and engagement structure ; Considerations in working with attorneys ; The investigation setting ; Executing the investigation ; Dealing with investigation stresses ; Working with attorneys in a litigation or dispute setting ; Preparing to give testimony; title: 11. Working with regulators and parallel investigations : Internal investigations ; Parallel investigations ; Disciplinary action; title: 12. Reporting on fraud : Reporting standards ; Guidelines for the preparation of the report ; Guidelines for deliverables to the client ; Appendix A. Decision tree to determine the application of professional standards ; Appendix B. Professional standards application for the Grand Forge Company case study ; Appendix C. Engagement quality procedures: an example ; Appendix D. Engagement quality review form for engagement reports or work reports; title: 13. Recovering from fraud: fidelity claims and directors and officers claims : Fidelity insurance coverage: types and claims ; D&O insurance liability insurance protection; title: 14. Antifraud programs : Antifraud program basics ; Ownership of the antifraud program ; Benefits of an antifraud program; title: Glossary.