Corporate Fraud ^{3rd Ed.}

The essence of successful fraud is that honest people should not suspect it is happening. Fraudsters choose the battleground, the timing and the weapons. The symptoms of fraud are often concealed among millions of innocent transactions. Fraudsters have the time and motivation to pay attention to detail, whereas those in control often do not. Managers tend to believe that fraud by employees is the start and end of the problem; it is rarely as simple as this.

Network Security Management Ltd has the specialist skills, experience and attention to detail in investigations which enables it to seize the initiative away from fraudsters. The company's clients include major international corporations, governments, most UK police forces and HM Customs & Excise.

Established in 1974, Network is a subsidiary of the Hambros international merchant banking and investment group. Network has its head office in London and offices in Scandinavia, Northern Europe, Australia and the Caribbean. Network's objective is straightforward: it is to be the market leader, through the provision of consistently high-quality professional services, in the areas of: fraud prevention, detection and investigation; prevention of theft of information and intellectual property; pre-acquisition due diligence; pre-employment screening; forensic sciences and security training.

With an outstanding team of highly qualified, highly experienced people, Network has built its reputation by getting results for clients in investigations. The company's consultants and investigators include chartered accountants, computer experts, specialists in forensic sciences and former members of the police and HM Customs & Excise with many years' experience, as well as individuals who have held senior management positions in different industry sectors.

• Part I: The Nature of Corporate Fraud
1. Attitudes and misconceptions
2. Categories and theories
3. How fraud is concealed
4. Theft and conversion
5. High-risk areas I
6. High-risk areas II
7. High-risk areas III
8. Computer-related fraud
• Part II: Detecting Corporate Fraud
9. Critical point auditing
10. Auditing purchases and payments
11. Auditing other functions
• Part III: Investigating Corporate Fraud
12. Background to investigation
13. The skill of interviewing
14. A framework for investigating
• Part IV:Controlling Corporate Fraud
15. Principles and politics
16. Problems with personnel
17. Company-wide control
• Appendices
1. Audit committee terms of reference
2. Specimen security policy
3. Control tools and glossary
4. Information classification

This is a book every new manager should read (and a lot of current managers as well), regardless of seniority.