Executive roadmap to fraud prevention and internal control : by Martin T. Biegelman

By Martin T. Biegelman

"How-to, authoritative information for making a best-in-class fraud prevention and compliance application in any organizationNow in a moment variation, this useful publication is helping company executives and executives comprehend the entire ramifications of excellent company governance and compliance. It covers most sensible practices for developing a unit to guard the monetary integrity of a company; theories and types on how and why Read more...


How-to, authoritative advice for making a best-in-class fraud prevention and compliance application in any association Now in a moment version, this functional ebook is helping company executives and Read more...

Show description

Read or Download Executive roadmap to fraud prevention and internal control : creating a culture of compliance PDF

Similar managerial books

Government Intervention in Globalization: Regulation, Trade and Devaluation Wars

This booklet presents institutional details and makes use of analytical instruments to explains why governments should still interfere in economies suffering from globalization. With research of present nation studies and matters, this ebook is a necessary learn for all attracted to the calls for on monetary coverage in globalized age.

Managerial Accounting, 8th Edition

Crosson and Needles proceed to assist teachers remain on most sensible of the swap curve with Managerial Accounting. Balanced, versatile content material during this market-leading textual content is supported by means of an array of built-in print and expertise vitamins. even if an teacher desires to current a consumer or procedural orientation, contain new tutorial options, enhance scholars' center abilities and skills, or combine expertise into the school room, Managerial Accounting offers a complete resolution, making it the ordinary selection for accounting teachers.

Winning CFOs: Implementing and Applying Better Practices

Higher practices that modern-day CFOs can hire to carry worth and potency to the groups that report back to them assisting company accountants from the CFOs to the administration accountant enforce greater practices that may make a distinction to their finance team's functionality, profitable CFOs indicates company accountants tips on how to create everlasting advancements of their organization's tactics.

Value-Based Working Capital Management: Determining Liquid Asset Levels in Entrepreneurial Environments

Value-Based operating Capital administration analyzes the motives and results of flawed money circulate administration among entrepreneurial companies with various degrees of hazard. This paintings appears on the factors and standards for decision-making via marketers of their efforts to guard the monetary safeguard in their companies and deal with monetary liquidity.

Extra info for Executive roadmap to fraud prevention and internal control : creating a culture of compliance

Example text

Boiler room scam artists are fond of saying “put some lipstick on this pig and sell it” when trying to push fraudulent securities on unsuspecting investors. That is what some indicted corporate defendants are trying to do with this Chutzpah Defense. Although the deception may work on some, it is generally not working on juries. Recent experience has shown that juries will just not accept the Chutzpah Defense. 9 Juries will just not believe the CEO who claims ignorance of large-scale fraud occurring right under their nose.

Feeney. 21. Peter Grant, “Adelphia Insider Tells of Culture of Lies at Firm,” Wall Street Journal, May 19, 2003, C1. 22. com/id/8291040/. 23. Ibid. 24. gov/infocus/ corporateresponsibility/. 25. Ibid. 26. S. htm. P1: TIX/b P2: c/d JWBT632-c02 QC: e/f T1: g JWBT632-Biegelman February 14, 2012 16:58 Printer: Courier Westford CHAPTER 2 Fraud Theory and Prevention EXECUTIVE SUMMARY The Association of Certified Fraud Examiners (ACFE) reports that the average organization loses 5 percent of its annual revenue to fraud.

He was just a “good ol’ boy,” a cheerleader for the company, who left the details to others. Justice prevailed because pleading ignorance about massive fraud when one is the CEO or CFO just does not work. The basic principles of the changes in corporate governance are all about accountability, especially for the corporate executive. Although it can be argued that acceptance of responsibility for one’s actions is on a societal decline of late, judging from the lawsuits filed against McDonald’s Corporation blaming their burgers for weight-related problems or their hot coffee for burns, at least there have been changes for the better.

Download PDF sample

Rated 4.14 of 5 – based on 28 votes