Principles of Fraud Examination

JOSEPH T. WELLS, CPA, CFE, is the founder and Chairman of the Association of Certified Fraud Examiners (ACFE) and a former adjunct professor of fraud examination at the University of Texas at Austin. He writes, researches, and lectures to business and professional groups on fraud-related issues and is frequently quoted in the media. He has won top writing awards from both Internal Auditor and the Journal of Accounting magazines, and he is a winner of the Innovation in Accounting Education Award presented by the American Accounting Association. For his landmark research in fraud detection and deterrence, Mr. Wells has been inducted into the American Institute of Certified Public Accountants' Business and Industry Hall of Fame and named to Accounting Today's list of top 100 most influential people for the last nine years in a row.

• CHAPTER 1 INTRODUCTION 3CHAPTER 2 SKIMMING 51CHAPTER 3 CASH LARCENY 75CHAPTER 4 BILLING SCHEMES 93CHAPTER 5 CHECK TAMPERING 121CHAPTER 6 PAYROLL SCHEMES 155CHAPTER 7 EXPENSE REIMBURSEMENT SCHEMES 179CHAPTER 8 REGISTER DISBURSEMENT SCHEMES 197CHAPTER 9 NONCASH ASSETS 213CHAPTER 10 CORRUPTION 239CHAPTER 11 ACCOUNTING PRINCIPLES AND FRAUD 273CHAPTER 12 FINANCIAL STATEMENT FRAUD SCHEMES 301CHAPTER 13 EXTERNAL FRAUD SCHEMES 349CHAPTER 14 FRAUD RISK ASSESSMENT 367CHAPTER 15 CONDUCTING INVESTIGATIONS AND WRITING REPORTS 391CHAPTER 16 INTERVIEWING WITNESSES 417CHAPTER 17 OCCUPATIONAL FRAUD AND ABUSE: THE BIG PICTURE 443APPENDIX A ONLINE SOURCES OF INFORMATION 457APPENDIX B SAMPLE CODE OF BUSINESS ETHICS AND CONDUCT 467APPENDIX C FRAUD RISK ASSESSMENT TOOL 481BIBLIOGRAPHY 511INDEX 513