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.
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.
Key Features
- 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.
Praise for This Book
"Martin Biegelman and Joel Bartow convert their lifelong experiences and unparalleled knowledge into a concise, well-written book. They provide the essential tools to take aspirational goals for fraud prevention and compliance and build them into concrete and effective programs."
—From the Foreword by Bradley J. Bondi, Partner, Caldwater, Wickersham & Taft LLP.
"Executive Roadmap touches all the bases on corporate fraud. The authors – both experienced fraud investigators and federal law enforcement agents – lay out the history and major milestones of corporate fraud, and discuss with precision the key issues facing today’s executives and compliance leaders. The book provides a valuable overview for business leaders looking to develop and implement effective compliance programs and instill a culture of integrity in order to help their organizations defeat the challenges posed by today's sophisticated fraudsters."
—Jeffrey Eglash, Senior Counsel, Litigation & Legal Policy, GE.
"Biegelman and Bartow provide great insight into not just how fraud occurs inside of companies, but why. Preventing fraud requires a solid understanding of both, making this book a must read for any executive who is serious about creating the compliance mechanisms and the corporate culture needed for effective fraud prevention."
—Aaron G. Murphy, Partner, Latham & Watkins LLP.
Contents
- CHAPTER 1 Fraud’s Feeding Frenzy
- CHAPTER 2 Fraud Theory and Prevention
- CHAPTER 3 The Path to Greater Corporate Compliance, Accountability, and Ethical Conduct: COSO to Sarbanes-Oxley
- CHAPTER 4 The Path to Greater Corporate Compliance, Accountability, and Ethical Conduct: SAS 99 to the 2010 Amendments to the Federal Sentencing Guidelines for Organizations
- CHAPTER 5 Internal Controls and Antifraud Programs
- CHAPTER 6 Financial Statement Fraud
- CHAPTER 7 Internal Fraud: Protecting a Company
- CHAPTER 8 Former Fraudster and New Man
- CHAPTER 9 External Schemes and Scams: The Rest of the Fraud Story
- CHAPTER 10 Not Too Big to Fail
- CHAPTER 11 Designing a Robust Fraud Prevention Program
- CHAPTER 12 Whistleblowers and Hotlines
- CHAPTER 13 Time to Do Background Checks
- CHAPTER 14 Training, Training, and More Training
- CHAPTER 15 Global Fraud and Corruption Risk
- CHAPTER 16 The Feds Are Watching: What to Know and Do Now
- CHAPTER 17 A Fraud Prevention Culture That Works
- APPENDIX ACFE Fraud Prevention Checklist
- Index
About the Authors
- Martin T. Biegelman, CFE, CCEP, has been fighting fraud and corruption for 40 years in various roles in law enforcement, consulting, and the corporate sector. He is currently the Executive Vice President of U.S. Operations for IPSA International, a global risk advisory firm. His extensive experience include conducting internal investigations on behalf of corporate management and boards, FCPA and anti-bribery compliance, litigation consulting, due diligence, and corporate compliance design and implementation. He previously served as the Director of Financial Integrity at Microsoft Corporation. This highly acclaimed fraud prevention and anti-corruption compliance program that he founded and led continues to be a model for other global companies. Mr. Biegelman is a sought-after speaker, prolific author, and the recipient of the prestigious Cressey Award bestowed by the Association of Certified Fraud Examiners for lifetime achievements in the detection and deterrence of fraud.
- 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.
Book Details
- Hardcover: 411 pages
- Publisher: Wiley; 2 edition (April 10, 2012)
- Language: English
- ISBN-10: 1118004582
- ISBN-13: 978-1118004586
- Product Dimensions: 1.3 x 6.7 x 9.5 inches
- List price: $45.00