Overview

How-to, authoritative guidance for creating a best-in-class fraud prevention and compliance program in any organization

This practical book helps corporate executives and managers understand the full ramifications of good corporate governance and compliance. It covers best practices to protect the financial integrity of a business including:

• theories and models on how and why fraud occurs in an organization;
• importance of strong internal controls;
• major compliance and corporate governance initiatives and milestones since 1985 and more. 

Learning objectives

To understand the important issues regarding fraud, including:

• Major compliance and corporate governance initiatives from 1985-2004
• 14-point management antifraud programs and controls to proactively prevent and deter fraud in an organization
• An ACFE Fraud Prevention Check-Up to test how vulnerable an organization is to fraud, identify major gaps and fix them before it’s too late
• Best practices for whistleblower protection and hotlines
• Key steps in designing a robust fraud prevention program
• Updates to the Federal Sentencing Guidelines for Organizational Crime
• How the government investigates and prosecutes corporate fraud
• PCAOB Auditing Standard #2
• Risk factors relating to fraudulent financial reporting and misappropriation of assets
• Guidelines for creating a culture of compliance