Breaking the Black Hole: The Way of Fraud Prevention and Detection

Author: Yang Hemao Wang Xia
Publisher:
Publishing Time: Not Available
Features: This book provides a comprehensive analysis of various fraudulent behaviors and motivations widely prevalent in corporate daily economic activities. It elaborates in detail on how to effectively implement monitoring and prevention measures to address these issues. We sincerely hope readers can learn from this and avoid falling into these pitfalls, achieving prevention before problems arise. The publication of this book enhances the comprehensiveness and systematicity of corporate fraud prevention, equipping businesses with powerful tools to identify and combat diverse fraud schemes. It also offers institutional and individual investors a deeper understanding of how to prevent and uncover various corporate frauds.
Regardless of the type of your business, fraud can pose significant risks. This book will help you find ways to prevent minor issues from escalating, overcome bottlenecks, navigate challenges, and achieve long-term success. With a fresh, holistic, and all-encompassing perspective, the book thoroughly analyzes various fraudulent behaviors and motivations in corporate daily economic activities, aiming to provide managers and investors with the necessary defenses against detrimental factors in modern business management. At the same time, it offers readers a profound understanding of corporate fraud—a behavior both familiar and unfamiliar.
Fraud refers to illegal and unethical actions involving deception, theft, and falsification. One of the primary reasons for fraud is weak internal controls within a company or organization. By studying fraud, one can identify numerous problems and weaknesses in corporate internal controls and governance. Taking corrective measures against these issues can effectively prevent or reduce the occurrence of fraud.
This book primarily explores traditional accounting fraud, modern financial management fraud, associated fraud in listed companies, marketing value chain fraud, effective prevention of fraud through corporate governance, and fraud prevention strategies. Using relatively simple language, it enables readers to easily grasp various aspects of fraud and quickly find solutions to management challenges and difficulties.