Fraud prevention and detection warning signs and the red flag system - Stamler, Rodney T. (CRC Press/Taylor & Francis, 2014)
Includes bibliographical references and index
1. An introduction to the red flag system -- 2. Fraud 101 : a primer -- 3. The dynamics and root causes of fraud -- 4. The red flag system -- 5. Financial statement fraud -- 6. Red flags for financial statement fraud -- 7. Procurement fraud -- 8. Procurement fraud methods and red flags -- 9. Bribery and corruption -- 10. Fraud and money laundering -- 11. High-risk corporate activities and market manipulation -- 12. Pyramid schemes -- 13. Fraud and the absence of good governance -- 14. The board of directors and its responsibility to safeguard the organization -- 15. Enterprise risk management, fraud risk management, and compliance risk management -- 16. The board of directors : first line of defense against fraud and corruption -- 17. Screening, scrutinizing, and investigating red flags
"Lessons can be learned from major fraud cases. Whether the victim is a company, public agency, nonprofit, foundation, or charity, there is a high likelihood that many of these frauds could have been prevented or detected sooner if early Red Flag warning signs had been identified and acted upon. Fraud Prevention and Detection: Warning Signs and the Red Flag System will enable officers and directors, internal and external stakeholders, as well as outside analysts to protect themselves and their organizations against fraud by effectively detecting, analyzing, and acting on early Red Flag warning signs. Based on an empirically tested strategy, the Red Flag System reflects the authors' more than 100 years combined experience in the investigation of fraud in high-profile, global cases in North America, Africa, Europe, and the Far East."--Publisher's info