Fraud in Accounts Payable - How to Prevent It

Informationen zum Autor Mary S. Schaeffer is a nationally recognized accounts payable expert. She is the founder and Editorial Director of Accounts Payable Now & Tomorrow , a newsletter for professionals interested in payment issues. She is the author of twelve books and has written hundreds of articles that have appeared in publications such as the New York Times , Corporate Cashflow , Treasury & Risk , Business Credit , the Writer , Newsday , and newsweek.com. She has an MBA in finance and is a member of the New York Financial Writers' Association. She is a regular contributor to AICPA's Corporate Finance Insider publication. Klappentext Praise for Fraud in Accounts Payable"Fraud in Accounts Payable is an insightful book that takes an in-depth look at the three most frequently committed fraudulent cash disbursement schemes directly related to your accounts payable function. Mary provides colorful and poignant stories showing how easy it can be to steal from both within and outside an organization. But the real beauty of this book is that Mary illustrates ways you can immediately begin implementing effective and efficient controls to reduce the opportunities for fraud within your organization."--Matthew D. Storlie, CFE, Fraud & Forensic Services Virchow, Krause & Company, LLP"Mary has delivered another book full of specific suggestions for improving accounts payable processes. Fraud in Accounts Payable is an easy-to-read guide that identifies real-world problems and offers practical solutions. Her books and articles have quickly become some of my core resources."--Stephanie K. O'Cain, Chief Financial Officer Municipal Association of South Carolina"Fraud could never take place in my accounts payable department.""My employees would never steal from me! I trust them too much . . ."Sound familiar?The definitive resource for every accounts payable department, Fraud in Accounts Payable affords you a bird's-eye view of what's really going on in your accounts payable department and how you can defend it against every potential type of fraud, including check fraud, payroll fraud, and T&E fraud.Written by Mary Schaeffer, America's most accomplished accounts payable expert, this thorough and highly readable guide is filled with authoritative tips, techniques, and advice on:* Uncovering hidden pockets of weakness where your organization is vulnerable* Getting rid of those bad practices that allow all sorts of frauds to flourish* Setting up antifraud safeguardsReminding us to "never say never," Fraud in Accounts Payable explains in plain English how to protect your accounts payable department so it becomes--and stays--financially healthy. Zusammenfassung Since accounts payable is responsible for most payment functions, it falls to those in charge to ensure the tightest possible controls and prevention of fraud. Fraud in Accounts Payable: How to Prevent It presents various accounts payable fraud scenarios, from check fraud to employee fraud. Inhaltsverzeichnis Preface xvii Acknowledgments xxiii Part One: Where Accounts Payable Fraud Can Happen in Your Organization 1 1 Profiles of Fraud in the Business World 3 Three Big Myths 4 Fraud Statistics 4 Occupational Fraud: It's a Big Problem 5 Definitions and Frequency 5 Who Gets Hit the Hardest? 6 How Fraud Is Detected 7 Who Commits Occupational Fraud? 7 To Prosecute or Not 8 Is Fraud an Equal Opportunity Crime? 9 Fraud in the Eyes of the Beholder 9 Effect of Status of Fraudster 10 Big Boss Issue 11 Why Do Insiders Steal? 11 Conditions that Permit Frauds to Occur 12 Why Aren't More Fraudsters Prosecuted? 13 Fraud in the Real World 13 Concluding Thoughts 14 2 Check Fraud: Still a Huge Problem 17 Internal Co...

Inhaltsverzeichnis

Preface.
 
Acknowledgments.
 
PART ONE: WHERE ACCOUNTS PAYABLE FRAUD CAN HAPPEN IN YOUR ORGANIZATION.
 
1 Profiles of Fraud in the Business World.
 
2 Check Fraud: Still a Huge Problem.
 
3 Check Stock: Stop the Fraudsters' Presses.
 
4 P-Card: Not as Big an Issue as You Might Think.
 
5 Electronic Payment Fraud: Not a Growth Industry--Yet!
 
6 Desktop Fraud: Few Think About This--But Everyone Should.
 
7 Travel and Entertainment Fraud: Not All Your Employees Are Honest.
 
8 Petty Cash Fraud: Petty Indeed.
 
9 Vendor and Invoice Fraud: Not Every Invoice (Or Vendor!) Is Legit.
 
10 Master Vendor File Fraud: How Employees Play Games with Your Records.
 
11 Payroll Fraud: Ghostbusting and More.
 
12 Telecom Fraud: Yes, It Can Happen to You.
 
PART TWO: STRATEGIES TO DETER, PREVENT, AND DETECT ALL SORTSOF ACCOUNTS PAYABLE FRAUD.
 
13 Best Practices--Not: Tactics that Unintentionally Promote Fraud.
 
14 Fraud Monitoring Reports: A Necessary Evil.
 
15 Fraud Detection and Prevention: Simple Tactics You Can Use.
 
16 Sarbanes-Oxley.
 
Appendix A: Fraud Schemes: Physical and Virtual Checks.
 
Appendix B: 2007 Top Frauds.
 
Appendix C: Segregation of Duties.
 
AppendixD: The Sarbanes-Oxley Act of 2002 Titles.
 
Resources.
 
Index.

Bericht

"The author has significant experience in this area and offers compelling best practices to detect and prevent fraud from occurring within your organization. This book goes a long way to get your organization thinking and acting to detect and prevent fraud." ( Auditnet.org , October 2008)

Produktdetails

• Autoren: Schaeffer, Mary S Schaeffer, Mary S. Schaeffer, Ms Schaeffer, Schaeffer Mary S.
• Verlag: Wiley, John and Sons Ltd
• Sprache: Englisch
• Produktform: Fester Einband
• Erschienen: 19.09.2008
• EAN: 9780470260456
• ISBN: 978-0-470-26045-6
• Seiten: 224
• Themen: Sozialwissenschaften, Recht,Wirtschaft > Wirtschaft > Betriebswirtschaft; Rechnungswesen, Finanzbuchhaltung, Accounting, Financial Accounting