Fraud Auditing Using CAATT: A Manual for Auditors and Forensic Accountants to Detect Organizational Fraud

This book provides fraud examiners and auditors with the appropriate audit tests to uncover common occupational and organizational fraud schemes, as well as recommended controls and step-by-step demonstrations using IDEA®.

Format: Paperback / softback
Length: 224 pages
Publication date: 29 August 2022
Publisher: Taylor & Francis Ltd

This comprehensive book delves into a wide range of prevalent occupational and organizational fraud schemes, drawing upon the expertise of the Association of Certified Fraud Examiners (ACFE). It serves as a valuable resource for fraud examiners and auditors, equipping them with the knowledge and tools necessary to identify and expose these intricate fraud schemes effectively. The book is organized into several chapters, each dedicated to exploring different types of fraud, such as asset misappropriation, bribery and corruption, financial statement fraud, and procurement fraud.

Within each chapter, the authors provide detailed explanations of the fraud schemes, their underlying mechanisms, and the potential red flags that can indicate their presence. They also offer practical guidance on selecting the appropriate audit tests to uncover these fraud schemes, drawing upon the ACFE fraud tree as a framework. Additionally, the book includes a comprehensive list of recommended controls and procedures that organizations can implement to prevent future fraud-related incidents.

Furthermore, the book showcases step-by-step demonstrations of various common audit tests using IDEA®, a powerful CAATT tool. These demonstrations provide practical insights into the process of conducting audits and uncovering fraudulent activities, making it easier for readers to apply the knowledge gained in the book to their own audit practices.

By providing a comprehensive and practical approach to fraud examination and audit, this book is an essential resource for professionals in the field, including auditors, fraud examiners, risk managers, and compliance officers. It helps them stay up-to-date with the latest fraud trends, develop effective audit strategies, and protect organizations from the devastating consequences of fraud.

Overall, this book is a must-read for anyone seeking to enhance their understanding of occupational and organizational fraud and develop the skills necessary to identify and prevent these schemes effectively.

Weight: 354g
Dimension: 154 x 233 x 19 (mm)
ISBN-13: 9781032401553