Executive Roadmap to Fraud Prevention and Internal Control: Creating a Culture of Compliance

By Joel T. Bartow and Martin T. Biegelman

Book Overview

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.

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

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.

• Format: Hardcover
• Language: English
• ISBN: 1118004582
• ISBN13: 9781118004586
• Release Date: April 2012
• Publisher: Wiley
• Length: 448 Pages
• Weight: 1.68 lbs.
• Dimensions: 1.4" x 6.3" x 9.1"

Customer Reviews

Practical fraud prevention manual

"A thing worth having is a thing worth cheating for," said W.C. Fields, though the executive fraudsters from Enron, Adelphia and WorldCom who are now languishing in prison might disagree. Two others who disagree are former federal agents Martin Biegelman and Joel Bartow. Now fraud investigators at U.S. companies, the authors have pooled their considerable knowledge in this comprehensive overview of what fraud is, how it occurs and how to prevent it. The book briefly describes everything a busy executive needs to know about antifraud programs. Actually, they provide everything and more, which is the rub. The book is repetitious and disorganized, bogs down in irrelevant legislative history, contains a spotty index and reads like a series of verbose PowerPoint slides. We recommend this book to those who can look beyond ponderous presentation and need a single-volume overview on stopping the many ruses to which any company is vulnerable. Fraudsters take note: Your days are numbered if CEOs and CFOs take this book to heart.

Compliance Specialists or "Veritologists" Say:

While reading this book I was very impressed with the accessibility of the information provided. The authors have done a tremendous job of breaking down this complex view of individual and corporate behaviors into windows that are easy to see through and understand. With understanding comes the responsibility of doing something to decrease the opportunities for fraud in companies both large and small. As a consultant to Fortune 500 companies, I will be providing copies of this book to my clients -- along with our award-winning toolset for governing compliance -- because the book makes my educational mission easier to accomplish. Excellent for all levels of an organization.

Executive Roadmap to Fraud Prevention and Internal Controls: Creating a Culture of Compliance

In this book, the author explains fraud in terms that are clear and understandable to the reader. He is able to provide in very simple terms how fraud schemes work and how damaging fraud can be. The book is serious, yet at times humorous. It is well worth the money, not just for CEOs, but for the American public.