Fraud -- Identification Techniques and Response Strategies: Identification Techniques and Response Strategies

Author: Howard R. Davia
Publisher:
Publish Date: 2004-01-01
Features: Although fraud has long been a serious threat to private and public enterprises, fraud itself has also been continuously evolving as investments in effective methods, resources, and training mechanisms to combat fraud, including information and specialized skills, have increased. This book, written by Howard R. Davia, a certified public accountant with over 30 years of experience in anti-fraud, reveals the characteristics of fraudulent behavior from a fresh perspective, including an in-depth description of the features of different fraudulent behaviors and practical, proven preventive methods. Such a book is unique. By reading this book, you can learn:
1. A step-by-step guide to effective audits;
2. Numerous real-world case studies, many of which are based on the author's actual experience;
3. Discussions on the main types of fraudulent behavior discovered during audits.
Fraud 101 uncovers the true face of fraud and provides detection methods. Although fraud has long been a serious threat to private and public enterprises, fraud itself has also been continuously evolving as investments in effective methods, resources, and training mechanisms to combat fraud, including information and specialized skills, have increased. Statistics on fraud over the past decade are simply staggering. A recent audit of private companies managing government healthcare programs revealed that $20 billion is spent annually on combating fraud in healthcare, with 4,008 fraud cases identified in 1996 contracts, only 5% of which were extensions of prior cases. The U.S. Business Council estimates that annual wages and management costs for fraud-related work exceed $100 billion. Only 20% of fraud cases are detected and legally addressed, while most are discovered by chance, making their educational significance minimal. Clearly, traditional methods cannot solve these widespread issues, and increasingly, early warning mechanisms are needed. For business owners, managers, accountants, consultants, CFOs, fraud monitors, and auditors who audit fraudulent behavior, this comprehensive, guide-like early warning mechanism can serve as an independent tool.
Fraud 101 is written by Howard R. Davia, a certified public accountant with over 30 years of experience in anti-fraud, who reveals the characteristics of fraudulent behavior from a fresh perspective, including an in-depth description of the features of different fraudulent behaviors and practical, proven preventive methods. Such a book is unique. By reading this book, you can learn:
(1) A step-by-step guide to effective audits;
(2) Numerous real-world case studies, many of which are based on the author's actual experience;
(3) Discussions on the main types of fraudulent behavior discovered during audits.
Fraud 101 uncovers the true face of fraud and provides detection methods.
HOWARD R. DAVIA is a certified public accountant with 30 years of experience in government, industry, and public utility accounting. He has worked as an auditor for the U.S. General Accounting Office and the Service Management Office, later serving as a section chief in the Service Management Office. These work experiences have allowed HOWARD R. DAVIA to accumulate extensive experience in the likelihood, detection, and prevention of fraudulent behavior. Mr. DAVIA is the president and one of the founders of the Managerial Education Series Company, which provides training and consulting services for fraud detection and control. As an associate professor, DAVIA has collaborated with the University of Wisconsin-La Crosse's School of Business to conduct nationwide seminars on fraud detection and control. He has made presentations on fraud detection and control to members of the Management Accounting Association, CPA Association, and corporate management personnel. Mr. DAVIA is also one of the authors of The Fraud Examiner's Guide to Detection and Control of Fraud (2nd Edition).