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Forensic and Investigative Accounting (9th Edition) [Kietas viršelis]

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  • Formatas: Hardback, aukštis x plotis x storis: 277x216x33 mm, weight: 1792 g
  • Išleidimo metai: 15-Nov-2019
  • Leidėjas: CCH Incorporated
  • ISBN-10: 0808053221
  • ISBN-13: 9780808053224
Kitos knygos pagal šią temą:
  • Formatas: Hardback, aukštis x plotis x storis: 277x216x33 mm, weight: 1792 g
  • Išleidimo metai: 15-Nov-2019
  • Leidėjas: CCH Incorporated
  • ISBN-10: 0808053221
  • ISBN-13: 9780808053224
Kitos knygos pagal šią temą:

Forensic accounting" is a growing area of practice in which the knowledge, skills and abilities of advanced accounting are combined with investigative expertise and applied to legal problems. Forensic accountants are often asked to provide litigation support where they are called on to give expert testimony about financial data and accounting activities. In other more proactive engagements, they probe situations using special investigative accounting skills and techniques. Some even see forensic accounting as practiced by skilled accounting specialists becoming part and parcel of most financial audits--an extra quality control step in the auditing process that will help reduce financial statement fraud. CCH's Forensic and Investigative Accounting (9th Edition) is a complete and readily teachable text on today's most timely accounting topics. Written by three top accounting and forensic teachers, this text covers all the important underpinnings, as well as the substance of forensic accounting. It covers both litigation support and investigative accounting, examining the practical aspects of these two areas, as well as many of the newer technological areas.

Chapter 1 Introduction To Forensic And Investigative Accounting
Definition and Development of Forensic Accounting Defining Forensic Accounting
1001(10)
Historical Roots of Accounting
1011(10)
History of Financial Reports and Legal Challenges
1021(10)
Threads of Forensic Accounting
1031(10)
Accounting Literature Parallels Accounting Practice
1041(10)
The Phrase "Forensic Accounting" Is Born
1051(10)
Forensic Accounting and Investigative Accounting Come of Age
The Forensic Accountant Becomes an Investigator
1061(10)
FBI and Forensics
1071(10)
First Forensic Accounting Books in United States
1081(10)
AICPA Practice Aid
1091(10)
American Management Association Course
1101(10)
The Panel on Audit Effectiveness
1111(10)
AICPA Fraud Task Force Report
1121(10)
Controversy Surrounding the Accountants Role in Fraud Detection
1131(4)
American Accounting Association Forensic Accounting Section
1135(6)
Foreign Corrupt Practices Act
1141(2)
Securities Whistleblower Incentive and Protection Provisions of Dodd-Frank Act
1143(3)
AICPA's Standards for Forensic Services
1146(2)
Conclusion
1148(853)
Chapter 2 Forensic Accounting Education, Institutions, and Specialties
Preparing to Become a Forensic Accountant
College and University Programs
2001(10)
Keystones of Forensic Accounting Curricula
2011(10)
KSAs and Education of the Forensic Accountant
2021(10)
Career Tracks in Forensic Accounting
Income Expectations for Forensic Accountants
2031(10)
Specialties within Forensic and Investigative Accounting
2041(4)
Forensic Croups and Credentials
Summary of Forensic Certifications
2045(6)
American Board of Forensic Accounting® (ABFA)
2051(10)
Association of Certified Fraud Examiners
2061(10)
Association of Certified Fraud Specialists
2071(10)
Forensic Accounting Society of North America
2081(10)
National Association of Certified Valuators & Analysts
2091(20)
Network of Independent Forensic Accountants
2111(10)
Institute of Business Appraisers
2121(5)
AICPA Certified in Financial Forensics Credential
2126(5)
Other Organizations Serving Forensic Practitioners
2131(6)
Auditing Standards
2137(4)
Conclusion
2141(860)
Chapter 3 Fraudulent Financial Reporting
Financial Fraud Enforcement Task Force
3001(2)
Importance of Transparent Financial Information
An International Problem
3003(2)
Statement of Financial Accounting Concepts No. 2
3005(6)
Means and Schemes of Financial Reporting Fraud Three M's of Financial Reporting Fraud
3011(10)
Abusive Schemes Involving Fraudulent Financial Reporting
3021(4)
Shenanigans to Boost Earnings
3025(6)
Sources of Fraudulent Financial Reporting Internal Versus External Fraud
3031(10)
Motivation and Contributing Factors Contributing Factor Model
3041(10)
Surveys Show Global Fraud Persists
3051(10)
Internal Controls
3061(10)
Incidence of Crime and Characteristics of Perpetrators
Studies of the Prevalence of Fraud in Business
3071(10)
Characteristics of the White-Collar Criminal
3081(10)
Earnings Management and GAAP
Flexibility of GAAP
3091(10)
Restatements of Earnings
3101(10)
Conclusion
3111(890)
Chapter 4 Detecting Fraud In Financial Reporting
Definitions of Fraud
What Is Fraud?
4001(4)
Responsibilities and Roles in Financial Reporting
Independent Audit Procedures and the Auditor's Role
4005(6)
Internal Auditor's Procedures and Role
4011(10)
Audit Committee's Role
4021(5)
Board of Directors' Role
4026(5)
Management Role
4031(10)
Forensic Accountant's Role
4041(10)
Financial Statement Fraud Categories and Red Flags
Overstated Revenues
4051(10)
Management Estimates
4061(10)
Pro Formas Can Mislead
4071(10)
Earnings Problems: Masking Reduced Cash Flow
4081(10)
Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA)
4091(10)
Excessive Debt
4101(10)
Inventory Problems
4111(10)
CPA Problems
4121(10)
Sales and Expenses Problems
4131(10)
Big Bath
4141(10)
Balance Sheet Account Problems
4151(10)
Pension Plan Problems
4161(10)
Reserve Estimates
4171(10)
Personal Piggy Bank
4181(10)
Barter Deals
4191(10)
Financial Fraud Detection Tools
Interviewing Techniques
4201(10)
Analytics
4211(10)
Percentage Analysis
4221(10)
Using Checklists to Help Detect Fraud
4231(5)
Behavioral Approaches
4236(5)
Clawback Provisions
4241(5)
Conclusion
4246(755)
Chapter 5 EMPLOYEE FRAUD: THE MISAPPROPRIATION OF ASSETS
Fraud Schemes and Their Schemers
Company Susceptibility to Fraud
5001(10)
Employee Fraudsters
5011(10)
Types of Misappropriations
Embezzlement
5021(10)
Cash and Check Schemes
5031(10)
Accounts Receivable Fraud
5041(10)
Inventory Fraud
5051(5)
Accounts Payable Fraud
5056(5)
Fictitious Disbursements
5061(10)
Walking the Walk of Fraud Detection Programs
5071(10)
Company Fraud Prevention, Detection, and Mitigation Measures
Companies on the Front Lines in Preventing Employee Fraud
5081(4)
Searching for Fraud Symptoms
5085(6)
Nonprofit Entities as Special Fraud Targets Reasons for Fraud in Not-for-Profits
5091(10)
Prevention Programs for Not-for-Profits
5101(10)
Fraud in Federal, State, and Local Governments
5111(10)
When It's Time to Call in Professionals Some Forensic Accountant's Techniques
5121(3)
Game Theory and Strategic Reasoning
5124(2)
Continuous Monitoring and Continuous Auditing
5126(2)
Some Forensic Techniques and Tools
5128(3)
Carbon Dating Paper and Signatures
5131(5)
Social Engineering
5136(5)
Conflict-of-Interest Policy
5141(5)
Conclusion
5146(855)
Chapter 6 Indirect Methods of Reconstructing Income
Forensic Audit Approaches Used by the IRS Minimum Income Probes
6001(10)
Lifestyle Probes
6011(10)
IRS's Financial Status Audits
6021(10)
Indirect Methods
Market Segment Specialization Program
6031(10)
Cash-T
6041(10)
Source and Application of Funds Method (Expenditure Approach)
6051(10)
Net Worth Method
6061(10)
Bank Deposit Method
6071(10)
Contract and Procurement Fraud
6081(5)
Piercing the Corporate Veil
6086(5)
Conclusion
6091(910)
Chapter 7 Money Laundering and Transnational Financial Flows
Money Laundering: An Introduction
Legal and Illegal Laundering
7001(6)
FinCEN and FINRA
7007(4)
Cybercash and Digital Money Create More Laundering Opportunities
7011(10)
Who Uses Money Laundering Practices?
7021(10)
Financial Institutions' Role in Money Laundering Correspondent Banking
7031(10)
Tools Banks Use to Identify Money Launderers
7041(10)
Due Diligence Laws for Banks
7051(10)
Shell Banks
7061(10)
Other Businesses' Role in Money Laundering Cash-Oriented Businesses
7071(10)
Audit Trail for Business Money Laundering Schemes
7081(10)
Finding Money Laundering Schemes Likely Sources
7091(10)
Guarding Against Money Laundering Individual Due Diligence Using Identity Checks
7101(10)
Company Due Diligence in Verification Procedures
7111(10)
Trust Due Diligence Using Trust Deeds
7121(10)
Organization-Wide Suspicious Activities
7131(10)
The Accountant's Role as Gateway Keeper
7141(10)
USA Patriot Act of 2001
7151(10)
Conclusion
7161(840)
Chapter 8 Litigation Services Provided by Accountants Litigation in the United States
U.S. Tort Costs Leveling
8001(5)
A Dispute Begins
8006(2)
Types of Witnesses
8008(3)
Types of Litigation Services Provided by Accountants Consultant
8011(5)
Expert Witness
8016(5)
Masters and Special Masters
8021(10)
Standards of Conduct for Performing Litigation Services Knowledge, Skills, Experience, Training, and Education
8031(10)
Professional Codes of Conduct
8041(10)
Conflicts of Interest
8051(10)
Written Agreement to Perform Litigation Services
8061(10)
Becoming an Expert Witness
Expert Witnesses Distinguished from Lay Witnesses
8071(10)
What Lawyers Look for in an Expert Witness
8081(10)
Qualifying as an Expert Witness
8091(10)
Court-Appointed Expert Witnesses
8101(10)
Preparing to Testify as an Expert Witness
Maintaining Independence from the Client
8111(10)
Evidence Upon Which Experts May Rely
8121(10)
Use of Confidential Client Information
8131(10)
Expert Reports
8141(10)
Working Papers
8151(10)
Evaluation of Other Experts
8161(10)
Exhibits and Other Demonstrative Evidence
8171(10)
Testifying as an Expert Witness
Testifying at a Deposition
8181(10)
Preparing to Testify at Trial
8191(10)
Testifying at Trial
8201(10)
Liability of Expert Witnesses
Witness Immunity
8211(10)
Bases for Liability
8221(6)
Mail and Wire Fraud
8227(4)
Conclusion
8231(770)
Chapter 9 Proper Evidence Management
Basic Rules of Evidence
What Are the Rules of Evidence?
9001(10)
What Is Evidence?
9011(10)
Process for Determining the Admissibility of Evidence
9021(10)
Relevance Requirement
9031(10)
Privileged Communications
9041(10)
Hearsay Rule
9051(10)
Authentication Requirement
9061(10)
Best Evidence Rule
9071(10)
Demonstrative Evidence
9081(10)
Special Rules for Criminal Cases
9091(10)
Special Rules in Administrative Proceedings
9101(10)
Management of Evidence
Maximizing Client Confidentiality
9111(10)
Using Technology to Gather Evidence
9121(10)
Computer Evidence
9131(10)
Ensuring the Admissibility of Evidence in Court
9141(10)
Security for Evidence and Working Papers
9151(10)
Evidence Database
9161(10)
Evaluating the Quality and Persuasiveness of Evidence
9171(10)
Record Retention
9181(5)
Chain of Custody
9186(5)
Conclusion
9191(810)
Chapter 10 Commercial Damages
The Expert
Expert Witnesses' Qualifications
10001(10)
Expert Witnesses' Testimony Requirements
10011(10)
Basics of Damages Litigation
The Legal Framework of Damages
10021(10)
Two Types of Harm: Tort and Breach of Contract
10031(10)
Two Types of Damages: Restitution and Reliance
10041(10)
Approaches to Loss Estimation
Damages Calculation Approaches
10051(10)
The Lost Profits Methods
10061(10)
Study of Losses Process
10071(10)
Economic Framework for the Lost Profits Estimation Process
10081(10)
Measuring the Loss
Length of the Loss Period
10091(10)
Components of Damages
10101(10)
The Defendant's Damages Estimate
10111(10)
The Plaintiffs Damages Estimate
10121(10)
Lost Sales and Lost Gross Profits
10131(10)
Production or Other Cost Increases
10141(10)
Customer 111 Will and Future Lost Profits
10151(10)
Other Adverse Effects
10161(10)
The Expert's Journey Through the Legal System
Testimony Early in Case
10171(10)
Defending the Expert Report
10181(40)
Damages Period and Discount Rate
10221(10)
The Unique Role of Communication in Forensic Accounting
10231(4)
The Reasonableness of Damages Calculations
10235(6)
Conclusion
10241(760)
Chapter 11 Litigation Support In Special Situations
Antitrust Litigation
Overview of Antitrust Laws
11001(10)
Role of Accountants in Antitrust Litigation
11011(10)
Actions That Constitute Predatory Pricing
11021(10)
Determining a Company's Average Variable Costs
11031(11)
Cost Behavior Defined
11042(1)
Common Types of Cost Behavior
11043(2)
Cost Behavior Assumptions
11045(6)
Case Study: Coho Grocery
11051(5)
Wage-Fixing Agreements
11056(5)
Federal False Claims Act Litigation
Overview of the Federal False Claims Act
11061(10)
The Accountant's Role in False Claim Act Litigation
11071(4)
Intellectual Property
The Nature and Characteristics of Intellectual Property
11075(3)
Common Issues in Proving/Defending Patent Infringement Cases
11078(3)
Conclusion
11081(920)
Chapter 12 Computing Economic Damages
The Nature of Economic Damages
Wrongful Termination of Contract Case
12001(100)
Permanent Disability Case
12101(100)
Conclusion
12201(800)
Chapter 13 Investigation of Electronic Data: A Brief Introduction
Introduction to Electronic Evidence
Perspectives on Investigation
13001(10)
Auditor's Job as Related to Computer Forensics
13011(10)
Computer Forensics: Electronic Evidence Collection
Can Digital Evidence Really Be Destroyed?
13021(10)
The Auditor's Computer Forensics Skill Set
13031(10)
Encase and the Forensic Environment
13041(10)
Collection or Seizure of Electronic Evidence
13051(10)
How Can Electronic Evidence Be Legally Collected?
13061(4)
The Forensic Accountant Recovers Data on a Disk
13065(2)
Data Mining: Electronic Evidence Collection
13067(4)
Conclusion
13071(930)
Chapter 14 Digital Forensics Analysis
Sifting for Cyber Clues
Collecting Evidence
14001(10)
Clues Versus Evidence
14011(10)
Technical Searches
Internet Protocols: Technical Searches Begin Here
14021(10)
Decoding Packet Information
14031(10)
Decoding Simple Mail Transfer Protocol (SMTP)
14041(10)
Decoded IP Addresses: Tracing Tools
14051(10)
Decoded IP Addresses: Narrowing the Search
14061(4)
Tracing Financial Frauds in the Executive Boardroom
14065(6)
Due Diligence Searches
Internet Databases: Informational Searches Begin Here
14071(10)
Web Page Searches
14081(10)
Government Data Searches
14091(10)
Miscellaneous Searches
14101(10)
Conclusion
14111(890)
Chapter 15 Cybercrime Management: Legal Issues
Cybercrimes: An Introduction
Net Frauds: No Skills Needed
15001(10)
Unauthorized Access to Network Assets
15011(10)
The Unauthorized Access Skill Set
15021(10)
Criminality of Cybercrimes
When Is a Cybercrime Really a Cybercrime?
15031(10)
Lagging Technology Legislation
15041(10)
Cybercrime Statutes
International Law
15051(10)
Federal Legislation
15061(4)
Proposed Federal Legislation
15065(6)
State Legislation
15071(10)
Guidelines for Cybercrime Management KSAs for Fighting Cybercrime
15081(10)
Filing Reports of Cybercrimes
15091(10)
Conclusion
15101(900)
Chapter 16 Cybercrime Loss Valuations
Attacks on Tangibles and Intangibles Extent of the Problem
16001(10)
Statutory Loss Valuations
16011(10)
High-Tech "Tangible" Losses Attributed to Cyberattacks
16021(10)
High-Tech Intangible Losses
16031(10)
Loss Valuations and Insurance Claims Insurers
16041(10)
Costs and Types of Coverage
16051(10)
Qualifying for Coverage
16061(10)
Conclusion
16071(930)
Chapter 17 Business Valuations
Fundamentals
Valuation and Appraiser Accreditations
17001(10)
Engagement Agreements That Create Successful Client Relationships
17011(10)
Purposes for Obtaining Business Valuations
17021(10)
Standards of Value
17031(4)
A Closer Look at Valuation Discounts
17035(6)
Purpose of the Valuation Affects the Valuation Methods Used
17041(10)
The Three Valuation Approaches
Income Approach
17051(10)
Market Approach
17061(10)
Cost Approach
17071(10)
Gathering Initial Information
Initial Information Request
17081(10)
Discerning What Data Is Required
17091(10)
Financial Analysis
How Much History Is Enough?
17101(10)
Spreading Financial Statements
17111(10)
Analyzing Financial Statements for Trends and Risks
17121(10)
Revenues
17131(10)
Gross Profits
17141(10)
Operating Expenses
17151(10)
Operating Profits
17161(10)
Other Income and Expense
17171(10)
Pretax Profitability
17181(10)
Practical Illustrations
Earnings History
17191(10)
Income Statement Methods of Determining a Business Valuation
17201(10)
Cash Flow Methods of Determining the Business Valuation
17211(5)
Balance Sheet Valuation Methods
17216(5)
Rules of Thumb---Valuation on the Cheap
17221(10)
Business Valuation Standards
Uniform Standards of Professional Appraisal Practice (USPAP)
17231(10)
American Institute of Certified Public Accountants (AICPA)
17241(10)
Common Requirements of Business Valuation Standards of Valuation Societies
17251(10)
Features of the Standards
17261(10)
Business Valuation Reports
Organization of a Report
17271(10)
Pay Attention to Mechanics
17281(10)
Main Sections of the Valuation Report
17291(5)
Preparing to Testify
Strategies for Effective Testimony
17296(5)
Conclusion
17301(700)
Chapter 18 Forensic Accounting in Action
The Elements of Fraud
Eye on the Investigative Outcome
18001(10)
Case Number 1 TruGloss Shanghai JV
18011(4)
Principles of Applied Forensic Analysis
18015(6)
Unusual or Unrealistic Procedures and Relationships
Case Number 2 Madon Oilfield Services, Inc.
18021(20)
Conclusion
18041
Appendices
Appendix 1 Council of Europe Convention on Cybercrime
1(12)
Appendix 2 Sample Engagement Letters
13(4)
Appendix 3 TeamMate® Analytics
17(4)
Appendix 4 Sample IDEA Project
21
Glossary of Terms 1(1)
Topical Index 1