Policies and Procedures to Prevent Fraud and Embezzlement: Guidance, Internal Controls, and Investigation
About the Companion Website.
Section 1 Embezzlement: Who Does It and When.
The Perpetrators: Who They Are, Why They Do It, and How They Are Caught.
The Embezzler’s “Window of Opportunity”.
Section 2 Statement of Auditing Standard No. 99 “Consideration of Fraud in a Financial Statement Audit”.
Statement of Auditing Standard No. 99 “Consideration of Fraud in a Financial Statement Audit”.
Section 3 Essential Internal Control and Administrative Procedures to Avoid Embezzlement.
The Background Check.
Conditions of Employment Agreement.
Conflicts of Interest.
Confidentiality of Information.
Signers on Bank Accounts.
Deposit Security and Restrictive Endorsements.
Cash Register Issues.
Computer File Backups.
Check and Wire Transfer Signatures.
Company Credit Cards.
Lines of Credit.
Bad Debt Policy.
Stop Payment Orders.
Numbered Check Request Forms.
CPA Management Letters.
Random Disbursement Checks.
Section 4 Clever Examples of Embezzlement.
Payroll Tax Deposits.
Ghosts on the Payroll and Ghost Vendors.
The Danger of Acronyms.
Bank Account Reconciliations.
Manual Checks (Handwritten and Typed).
Section 5 Steps to Take If You Have Been Victimized by Fraud.
Documenting a Fraud Action Plan.
Fraud Examinations and Assembling the Fraud Team.
The Basics of Forensic Accounting.
Section 6 Identity Theft.
Identity Theft Issues.
Section 7 Internal Control Analysis, Documentation, and Recommendations for Improvement.
CPA Financial Statements, Management Letters, and Consulting Agreements.
|Download Web Content|
We've included all the policies and procedures found in Section 7 of the book in Word format here on this website. If you do not have Microsoft Word, you can download it.
Once you open the file, you can search for the specific policy or procedure you are interested in--these policies can then be customized to reflect the specific needs of your organization. The policies and procedures fall under the following broad categories: