Forensic Accounting：Some Strategies for Detecting and Preventing Fraud.pptVIP

 Forensic Accounting: Some Strategiesfor Detecting Preventing FraudD. Larry Crumbley, CPA, Cr.FA, CFD, FCPAKPMG Endowed ProfessorDepartment of AccountingLouisiana State UniversityBaton Rouge, LA 70803225-578-6231225-578-6201 Faxdcrumbl@ Dr. Crumbley is the Editor of the Journal of Forensic Accounting: Auditing, Fraud, and Risk, Former chair of the Executive Board of Accounting Advisors of the American Board of Forensic Accountants, Member of the NACVA’s Fraud Deterrence Board, and On the AICPA’s Fraud Task Force (2003-2004). A frequent contributor to the Forensic Examiner, Professor Crumbley is a co-author of CCH Master Auditing Guide, along with more than 50 other books and 350 articles. His latest book entitled Forensic and Investigative Accounting is published by Commerce Clearing House (800-224-7477). Some of his 12 educational novels have as the main character a forensic accountant. His goal is to create a television series based upon the exciting life of a forensic accountant and litigation consultant. Forensic Report TALLY STICKS Glimpse Forward Overview of Forensic Accounting Persuasiveness/ Costs of Fraud/ Abuse COSO’s Model After FRA: Detection and Investigation Misappropriation of Assets/ Cooking the Books Detection, Investigation, and Deterrence Types of Misappropriations Procurement Frauds Developing Fraud Interviewing Skills Best Fraud Auditing Techniques Now John at the bar is a friend of mine. He gets me my drinks for free. Sing us a song, you’re the piano man. “Piano Man” Billy Joel Some Fraud Figures Australia’s annual fraud, 2003, $5.8 billion or 1.147% of GDP. Malaysia’s telecom operators lose 3% of revenue to fraud each year. A KPMG Malaysian survey found that more than a third of the polled companies lost over RM 1 million from fraud in 2 years. Fraud and abuse in U.S. is $652 billion to $1 trillion annually. The quantity of corruption crimes has continued to rise in China after the market liberali