Introduction
to Forensic A
d d d
ccounting an d
d Fraud Exa
d d
mination
#8315
COURSE MATERIAL
d
,
, TABLE OF CONTENTS
d d
Chapterd1:dCoredFoundationdRelateddtodForensicdAccountingdanddFrauddExamination 1
Moduled1:dWhatdIsdFraud? 3
Moduled2:dWhatdIsdForensicdAccounting? 13
Moduled3:dThedProfessional’sdSkilldSet 15
Moduled4:dThedRoledofdAuditing,dFrauddExamination,danddForensicdAccounting 16
Moduled5:dThedBasicsdofdFraud 18
Moduled6:dThedInvestigation 30
Moduled7:dFrauddExaminationdMethodology 44
Chapterd1:dTestdYourdKnowledge 47
Chapterd1:dSolutionsdanddSuggesteddResponses 51
Chapterd2:dWhodCommitsdFrauddanddWhy:dThedProfiledanddPsychologydofdthedFraudster 55
Moduled1:dCriminology,dFraud,danddForensicdAccounting 56
Moduled2:dWhodCommitsdFrauddanddWhy:dThedFrauddTriangle 61
Moduled3:dThedRoledofdPersonaldIntegrity,dCapability,dGender,danddthedInfluence
ofdthedOrganization 75
Moduled4:dThedPsychologydofdthedFraudster,dadDeeperdLook:dM.I.C.E.,dPredators,
anddCollusion 85
Moduled5:dThedFrauddTriangledindCourtdanddthedMeta-Model 93
Chapterd2:dTestdYourdKnowledge 97
Chapterd2:dSolutionsdanddSuggesteddResponses 101
Chapterd3:dLegal,dRegulatory,danddProfessionaldEnvironment 105
Moduled1:dIntroduction 107
Moduled2:dThedRightsdofdIndividuals 108
Moduled3:dProbabledCause 117
Moduled4:dRulesdofdEvidence 120
Moduled5:dCriminaldJusticedSystem 122
Moduled6:dCivildJusticedSystem 125
BasicdAccountingdPrinciples 129
RegulatorydSystem 140
ThedRoledofdCorporatedGovernance 161
Chapterd3:dTestdYourdKnowledge 163
Chapterd3:dSolutionsdanddSuggesteddResponses 167
Appendix:dCareersdindFrauddExaminationdanddFinancialdForensics 171
Glossary 195
Index 205
TabledofdContentsd •d i
, NOTICE
ThisdcoursedanddtestdhavedbeendadapteddfromdsupplementaldmaterialsdanddusesdpartialdtextdfromdthedmaterialsdentitleddForensi
cdAccountingdanddFrauddExaminationdbydMary-
JodKranacherdanddRicharddA.dRiley,dJr.d©d2020dbydJohndWileyd&dSons,dInc.dDisplayeddbydpermissiondofdthedpublisher,dJohndWile
yd&dSons,dInc.,dHoboken,dNewdJersey.
Thed viewsd expressedd ind thisd textd ared thosed ofd thed author(s)d andd dod notd necessarilyd reflectd thed views,d opinions,d ord positionsd of
ProfessionaldEducationdServices,dLP,ditsdemployees,dordowners.
UsedofdthesedmaterialsdordservicesdprovideddbydProfessionaldEducationdServices,dLPd(“PES”)disdgoverneddbydthedTermsdanddC
onditionsdondPES’dwebsited(www.mypescpe.com).dPESdprovidesdthisdcoursedwithdthedunderstandingdthatditdisdnotdprovidingdanyd
accounting,dlegal,dordotherdprofessionaldadvicedanddassumesdnodliabilitydwhatsoeverdindconnectiondwithditsduse.dPESdhasdusedd
diligentdeffortsdtodprovidedqualitydinformationdanddmaterialdtoditsdcustomers,dbutddoesdnotdwarrantdordguaranteedthedaccuracy,dti
meliness,dcompleteness,dordcurrencydofdthedinformationdcontaineddherein.dUltimately,dthedresponsibilitydtodcomplydwithdapplicable
dlegaldrequirementsdfallsdsolelydondthedindividualdlicensee,dnotdPES.dPESdencouragesdyoudtodcontactdyourdstatedBoarddordlicensi
ngdagencydfordthedlatestdinformationdanddtodconfirmdordclarifydanydquestionsdordconcernsdyoudhavedregardingdyourddutiesdordobligat
ionsdasdadlicenseddprofessional.
©dProfessionaldEducationdServices,dLPd2023dProgra
mdPublicationdDated11/29/2023
ThisdcoursedisdonedofdadseriesdofdcoursesdfordFrauddExaminationdthatdbuildsdadcomprehensivedunderst
andingdofdthisdimportantdtopic.dTheydmaydbedtakendindorder,dtakendindividuallydordalldtogether.
Coursed#8315dIntroductiondtodForensicdAccountingdanddFrauddExamination
Coursed#8320dFrauddSchemes
Coursed#8325dDetectiondanddInvestigativedToolsdanddTechniquesdindFrauddExaminationd
Coursed#8330dAdditionaldTopicsdindForensicdAccountingdanddFrauddExaminationdCours
ed#8335dFrauddExamination:dLitigationdAdvisorydServicesdanddRemediation
Pleasednote:dAsdthisdisdadnewdseries,dsomedofdthedcoursesdlisteddmaydstilldbedindtheddevelopmentdphased
anddnotdyetdavailable.dPleasedcheckdourdwebsitedatdwww.mypescpe.comdfordfulldcourseddescriptionsda
nddavailability.
iid •d TabledofdContents
to Forensic A
d d d
ccounting an d
d Fraud Exa
d d
mination
#8315
COURSE MATERIAL
d
,
, TABLE OF CONTENTS
d d
Chapterd1:dCoredFoundationdRelateddtodForensicdAccountingdanddFrauddExamination 1
Moduled1:dWhatdIsdFraud? 3
Moduled2:dWhatdIsdForensicdAccounting? 13
Moduled3:dThedProfessional’sdSkilldSet 15
Moduled4:dThedRoledofdAuditing,dFrauddExamination,danddForensicdAccounting 16
Moduled5:dThedBasicsdofdFraud 18
Moduled6:dThedInvestigation 30
Moduled7:dFrauddExaminationdMethodology 44
Chapterd1:dTestdYourdKnowledge 47
Chapterd1:dSolutionsdanddSuggesteddResponses 51
Chapterd2:dWhodCommitsdFrauddanddWhy:dThedProfiledanddPsychologydofdthedFraudster 55
Moduled1:dCriminology,dFraud,danddForensicdAccounting 56
Moduled2:dWhodCommitsdFrauddanddWhy:dThedFrauddTriangle 61
Moduled3:dThedRoledofdPersonaldIntegrity,dCapability,dGender,danddthedInfluence
ofdthedOrganization 75
Moduled4:dThedPsychologydofdthedFraudster,dadDeeperdLook:dM.I.C.E.,dPredators,
anddCollusion 85
Moduled5:dThedFrauddTriangledindCourtdanddthedMeta-Model 93
Chapterd2:dTestdYourdKnowledge 97
Chapterd2:dSolutionsdanddSuggesteddResponses 101
Chapterd3:dLegal,dRegulatory,danddProfessionaldEnvironment 105
Moduled1:dIntroduction 107
Moduled2:dThedRightsdofdIndividuals 108
Moduled3:dProbabledCause 117
Moduled4:dRulesdofdEvidence 120
Moduled5:dCriminaldJusticedSystem 122
Moduled6:dCivildJusticedSystem 125
BasicdAccountingdPrinciples 129
RegulatorydSystem 140
ThedRoledofdCorporatedGovernance 161
Chapterd3:dTestdYourdKnowledge 163
Chapterd3:dSolutionsdanddSuggesteddResponses 167
Appendix:dCareersdindFrauddExaminationdanddFinancialdForensics 171
Glossary 195
Index 205
TabledofdContentsd •d i
, NOTICE
ThisdcoursedanddtestdhavedbeendadapteddfromdsupplementaldmaterialsdanddusesdpartialdtextdfromdthedmaterialsdentitleddForensi
cdAccountingdanddFrauddExaminationdbydMary-
JodKranacherdanddRicharddA.dRiley,dJr.d©d2020dbydJohndWileyd&dSons,dInc.dDisplayeddbydpermissiondofdthedpublisher,dJohndWile
yd&dSons,dInc.,dHoboken,dNewdJersey.
Thed viewsd expressedd ind thisd textd ared thosed ofd thed author(s)d andd dod notd necessarilyd reflectd thed views,d opinions,d ord positionsd of
ProfessionaldEducationdServices,dLP,ditsdemployees,dordowners.
UsedofdthesedmaterialsdordservicesdprovideddbydProfessionaldEducationdServices,dLPd(“PES”)disdgoverneddbydthedTermsdanddC
onditionsdondPES’dwebsited(www.mypescpe.com).dPESdprovidesdthisdcoursedwithdthedunderstandingdthatditdisdnotdprovidingdanyd
accounting,dlegal,dordotherdprofessionaldadvicedanddassumesdnodliabilitydwhatsoeverdindconnectiondwithditsduse.dPESdhasdusedd
diligentdeffortsdtodprovidedqualitydinformationdanddmaterialdtoditsdcustomers,dbutddoesdnotdwarrantdordguaranteedthedaccuracy,dti
meliness,dcompleteness,dordcurrencydofdthedinformationdcontaineddherein.dUltimately,dthedresponsibilitydtodcomplydwithdapplicable
dlegaldrequirementsdfallsdsolelydondthedindividualdlicensee,dnotdPES.dPESdencouragesdyoudtodcontactdyourdstatedBoarddordlicensi
ngdagencydfordthedlatestdinformationdanddtodconfirmdordclarifydanydquestionsdordconcernsdyoudhavedregardingdyourddutiesdordobligat
ionsdasdadlicenseddprofessional.
©dProfessionaldEducationdServices,dLPd2023dProgra
mdPublicationdDated11/29/2023
ThisdcoursedisdonedofdadseriesdofdcoursesdfordFrauddExaminationdthatdbuildsdadcomprehensivedunderst
andingdofdthisdimportantdtopic.dTheydmaydbedtakendindorder,dtakendindividuallydordalldtogether.
Coursed#8315dIntroductiondtodForensicdAccountingdanddFrauddExamination
Coursed#8320dFrauddSchemes
Coursed#8325dDetectiondanddInvestigativedToolsdanddTechniquesdindFrauddExaminationd
Coursed#8330dAdditionaldTopicsdindForensicdAccountingdanddFrauddExaminationdCours
ed#8335dFrauddExamination:dLitigationdAdvisorydServicesdanddRemediation
Pleasednote:dAsdthisdisdadnewdseries,dsomedofdthedcoursesdlisteddmaydstilldbedindtheddevelopmentdphased
anddnotdyetdavailable.dPleasedcheckdourdwebsitedatdwww.mypescpe.comdfordfulldcourseddescriptionsda
nddavailability.
iid •d TabledofdContents
