Executive Roadmap to Fraud Prevention and Internal Control: Creating a Culture of Compliance - Hardcover

by Martin T. Biegelman (Author), Joel T. Bartow (Author)

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

Now in a Second Edition, this practical book helps corporate executives and managers understand the full ramifications of good corporate governance and compliance. It covers best practices for establishing a unit to protect the financial integrity of a business; 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. Complete coverage includes implementation guidance for a robust fraud prevention and compliance program, including sample policies, best practice examples, and a 14-point management antifraud program.

• Covers fraud risk assessment and prevention guidance
• Looks at global risk issues, including the Foreign Corrupt Practices Act (FCPA) and UK Bribery Act
• Examines amendments to the Federal Sentencing Guidelines for Organizational Crime
• Discusses Dodd-Frank Whistleblower Provisions
• Explores enterprise risk management key program elements
• Offers coverage of how fraud and compliance failures contributed to the financial crisis
• Includes enhanced principles for fraud data mining
• Presents new cases, checklists and real-world examples, expanded international coverage, and the latest technological tools
• Shows executives and managers what their responsibilities are regarding fraud prevention, internal controls, and compliance
• Provides an instructor's website, including a test bank
• Other titles by Biegelman: Building a World-Class Compliance Program and Foreign Corrupt Practices Act Compliance Guidebook

Completely revised and updated, Executive Roadmap to Fraud Prevention and Internal Control, Second Edition is every manager's best resource for understanding all the complex issues and responsibilities associated with fraud and compliance.

Front Jacket

As long as there is human deception and naiveté, there will be fraud. Beyond the financial devastation to the balance sheet is fraud's enduring impact to a disgraced organization's reputation. In Executive Roadmap to Fraud Prevention and Internal Control, Second Edition, you'll learn how to develop a best-in-class fraud prevention and internal control compliance program that will ensure effective regulatory compliance in your organization as well as substantial savings from fraud losses, government prosecutions, and shareholder litigation.

Authors Martin Biegelman and Joel Bartow share their combined sixty-plus years of experience in both the public and private sectors detecting and investigating fraud and white-collar crime to provide you with a thorough understanding of the principles of fraud examination and state-of-the-art compliance programs. Now in a thoroughly updated second edition, Executive Roadmap to Fraud Prevention and Internal Control covers the most recent corporate fraud laws, crimes, and events.

Written for corporate executives and managers who understand the importance and ramifications of good corporate governance, ethics and compliance, Executive Roadmap to Fraud Prevention and Internal Control explores:

• The major compliance and corporate governance initiatives from 1985-2011

• A 14-point program your business can use to proactively prevent fraud

• ACFE Fraud Prevention Check-Up to test how vulnerable your organization is to fraud

• Best practices for hotlines and whistleblower protection

• Fraud Triangle and other theories and models explaining how and why fraud occurs

• How the government investigates and prosecutes corporate fraud

• Interviews with former fraudsters

• Key steps in designing a robust fraud prevention program

• Role of the Sarbanes-Oxley Act in reducing corporate fraud

• Enterprise Risk Management

• Global fraud and corruption risk

• The Foreign Corrupt Practices Act (FCPA)

• Updates to the Federal Sentencing Guidelines for Organizational Crime

• The impact of the financial crisis and "Too Big To Fail" policy

• Case studies of corporate frauds including Enron, WorldCom, Tyco, Computer Associates, and Satyam

• Technology trends and tools to protect organizations

• Lessons your business can apply now and in the future to prevent fraud

Executive Insights throughout the book detail case studies, while an Executive Summary in each chapter condenses the key points. In addition, there are sample policies, real-world examples, an instructor's URL (including a test bank to aid in course adoptions), checklists, and best practices.

Simply reacting to fraud issues is no longer acceptable. Stop fraud in its tracks today with the field-tested, proactive methods found in Executive Roadmap to Fraud Prevention and Internal Control, Second Edition.

Back Jacket

As long as there is human deception and naiveté, there will be fraud. Beyond the financial devastation to the balance sheet is fraud's enduring impact to a disgraced organization's reputation. In Executive Roadmap to Fraud Prevention and Internal Control, Second Edition, you'll learn how to develop a best-in-class fraud prevention and internal control compliance program that will ensure effective regulatory compliance in your organization as well as substantial savings from fraud losses, government prosecutions, and shareholder litigation.

Authors Martin Biegelman and Joel Bartow share their combined sixty-plus years of experience in both the public and private sectors detecting and investigating fraud and white-collar crime to provide you with a thorough understanding of the principles of fraud examination and state-of-the-art compliance programs. Now in a thoroughly updated second edition, Executive Roadmap to Fraud Prevention and Internal Control covers the most recent corporate fraud laws, crimes, and events.

Written for corporate executives and managers who understand the importance and ramifications of good corporate governance, ethics and compliance, Executive Roadmap to Fraud Prevention and Internal Control explores:

• The major compliance and corporate governance initiatives from 1985-2011
• A 14-point program your business can use to proactively prevent fraud
• ACFE Fraud Prevention Check-Up to test how vulnerable your organization is to fraud
• Best practices for hotlines and whistleblower protection
• Fraud Triangle and other theories and models explaining how and why fraud occurs
• How the government investigates and prosecutes corporate fraud
• Interviews with former fraudsters
• Key steps in designing a robust fraud prevention program
• Role of the Sarbanes-Oxley Act in reducing corporate fraud
• Enterprise Risk Management
• Global fraud and corruption risk
• The Foreign Corrupt Practices Act (FCPA)
• Updates to the Federal Sentencing Guidelines for Organizational Crime
• The impact of the financial crisis and "Too Big To Fail" policy
• Case studies of corporate frauds including Enron, WorldCom, Tyco, Computer Associates, and Satyam
• Technology trends and tools to protect organizations
• Lessons your business can apply now and in the future to prevent fraud

Executive Insights throughout the book detail case studies, while an Executive Summary in each chapter condenses the key points. In addition, there are sample policies, real-world examples, an instructor's URL (including a test bank to aid in course adoptions), checklists, and best practices.

Simply reacting to fraud issues is no longer acceptable. Stop fraud in its tracks today with the field-tested, proactive methods found in Executive Roadmap to Fraud Prevention and Internal Control, Second Edition.

Author Biography

MARTIN T. BIEGELMAN, CFE, CCEP, has been fighting fraud and corruption for more than thirty-five years in various roles in law enforcement, consulting, and the corporate sector. He is currently a Director in the Global Investigations and Compliance Practice at Navigant Consulting. He previously served as Director of Financial Integrity at Microsoft Corporation.

JOEL T. BARTOW, CFE, CPP, is Operations Director for IntegriGuard, LLC. Mr. Bartow has over twenty-five years of experience in fraud and security investigations as an FBI Special Agent and in the private sector, where he developed successful fraud prevention programs.