98 pages [59 self-teaching + 39 quizzes/answers]
Section 1: Employee inventory theft. Red flags of false sales, phony write-offs and other theft schemes. 5 controls that prevent theft.
Section 2: Preventing employee theft. 4 key factors to check before hiring. How to use a fidelity bond for employees who have access to cash. Controls against theft, fraud.
Section 3: Check fraud. How to prevent—or spot—forged company checks, payroll-related check fraud, customer check fraud. Systems that prevent check fraud.
Section 4: Credit card fraud. 10 schemes that use lost or stolen credit cards. How to spot a counterfeit Visa, MasterCard or American Express card. Recommended rules for company credit cards.
Section 5: How vendors can cheat you. Forms of bribery. Telemarketing scams that target businesses. How to check out a suspicious vendor before you buy.
Appendix A: Forms, Patterns and Red Flags of Bribery
Appendix B: Operations That Support Frauds and Scams
Publisher: AIPB
MD –
Fraud prevention is a matter that relatively differ from organization to organization and Internal control is a matter that how a company respond toward it. There is no standard. But this book has given a preliminary idea. Very nice.
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RICHARD –
Tough subject to cover. I thought this was the weakest of the six topics.
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CARRIE –
The material is this book may be a bit outdated in terms of how fast technology is engaging in such fraud as we see in today’s times. However, reading all the material in this book was useful to knowing the issues that can occur in all areas of fraud. The section on Vendor fraud was interesting to read and discovered areas I would of not known. Overall, it’s a requirement, and this book explains it well enough to understand the areas you should be alert to in taking a position as a bookkeeper.
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JANE –
very informative
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CHARLES –
very good
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AMY –
Need interactive online study materials
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RHONDA –
I would have liked to have seen what a fraudulent check looks like in the text.
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PAULA –
Well written, practical and I actually enjoyed it.
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JULIE –
Interesting and thorough!
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MD –
helpful to do the job .
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NATHANIEL –
4 stars
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MARTHA –
This is spot on with everything that I have learned over the years.
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