This book will use a narrative to discuss critical areas of fraud including whistleblowing, internal control, and Sarbanes-Oxley. It provides information on fraud at work and how the theory of prevention and detection may be translated in real everyday work. Important lessons will be delivered regarding the importance of corporate fraud risk management and sound internal controls. Chapters include: (1) Back in NYC, (2) Fraud Awareness, (3) The Whistleblower, (4) Orlando Bound, (5) Murky Waters, (6) The Investigation, (7) Confusion All Round, (8) Danger All Round, (9) Ten Point Action Plan, (10) Saying Goodbye, Appendices AE: Various Useful Checklists.
Book Details:
- Author: K. H. Spencer Pickett
- ISBN: 9780470114797
- Year Published: 2007
- Pages: 320
- BISAC: BUS001040, BUSINESS & ECONOMICS/Accounting / Managerial
About the Book and Topic:
This book will use a narrative to discuss critical areas of fraud including whistleblowing, internal control, and Sarbanes-Oxley. It provides information on fraud at work and how the theory of prevention and detection may be translated in real everyday work. Important lessons will be delivered regarding the importance of corporate fraud risk management and sound internal controls. Chapters include: (1) Back in NYC, (2) Fraud Awareness, (3) The Whistleblower, (4) Orlando Bound, (5) Murky Waters, (6) The Investigation, (7) Confusion All Round, (8) Danger All Round, (9) Ten Point Action Plan, (10) Saying Goodbye, Appendices AE: Various Useful Checklists.
Corporate fraud continues to be a hot topic. Many businesses are realizing the need to manage the risk of fraud at work as a basic management skill that allows managers to review their internal controls and so meet the requirements of Sarbanes Oxley, along with public sector regulations. After Enron, BellSouth is the most recent case of financial fraud to make the headlines and cause the downfall of a former corporate powerhouse. Fraud is a serious, costly, and growing problem for business and government and with regulations such as Sarbanes-Oxley, the stakes have been raised even higher.
NARRATIVE: This will be the third “Manager’s Journey”, picking up on the narrative started in Pickett’s well-received book, Internal Control: A Manager’s Journey (has sold 4,303 since publication) and continued in Enterprise Risk Management: A Manager’s Journey, published in July 2006 (has sold 698 copies since publication). MERGES THEORY AND PRACTICAL ADVICE: Provides solutions to managing the risk of fraud and establishing good procedures through real world application. CASE STUDIES: The appendices will contain case studies, a set of standards, and helpful advice that can be adapted and adopted by a variety of different organizations.
About the Author
Spencer Pickett (Berkshire, England) is a senior lecturer in Internal Auditing at the Civil Service College in Berkshire, England. He delivers courses for internal auditors as part of their requirement to attain the government internal audit standard and prepares students for the Institute of Internal Auditors examination at the practitioner and professional levels.