A.B.C.'s of Behavioral Forensics - Couverture rigide

Ramamoorti, Sridhar

Couverture rigide

ISBN 10 : 1118370554 ISBN 13 : 9781118370551

Editeur : Wiley, 2013

Synopsis

Rare book

A propos du livre

Présentation de l'éditeur

Get practical insights on the psychology of white–collar criminals and how to outsmart them

Understand how the psychologies of fraudsters and their victims interact as well as what makes auditors/investigators/regulators let down their guard. Learn about the psychology of fraud victims, including boards of directors and senior management, and what makes them want to believe fraudsters, and therefore making them particularly vulnerable to deception. Just as IT experts gave us computer forensics, we now have a uniquely qualified team immersed in psychology, sociology, psychiatry as well as accounting and auditing, introducing the emerging field of behavioral forensics to address the phenomenon of fraud.

Ever wonder what makes a white–collar criminal tick? Why does she or he do what they do? For the first time ever, see the mind of the fraudster laid bare, including their sometimes twisted rationalizations; think like a crook to catch a crook! The A.B.C.′s of Behavioral Forensics takes you there, with expert advice from a diverse but highly specialized authoring team of professionals (three out of the four are Certified Fraud Examiners): a former accounting firm partner who has a PhD in psychology, a former FBI special agent who has been with investigative practices of two of the Big Four firms, an industrial psychiatrist who has worked closely with the C–level suite of large and small companies, and an accounting professor who has interviewed numerous convicted felons. Along with a fascinating exploration of what makes people fall for the common and not–so–common swindles, the book provides a sweeping characterization of the ecology of fraud using The A.B.C.′s of Behavioral Forensics paradigm: the bad Apple (rogue executive), the bad Bushel (groups that collude and behave like gangs), and the bad Crop (representing organization–wide or even societally–sanctioned cultures that are toxic and corrosive). The book will make you take a longer look when hiring new employees and offers a deeper more complex understanding of what happens in organizations and in their people. The A.B.C. model will also help those inside and outside organizations inoculate against fraud and make you reflect on instilling the core values of your organization among your people and create a culture of excellence and integrity that acts as a prophylactic against fraud. Ultimately, you will discover that, used wisely, behavioral methods trump solely economic incentives. With business fraud on the rise globally, The A.B.C.′s of Behavioral Forensics is the must–have book for investigators, auditors, the C–suite and risk management professionals, the boards of directors, regulators, and HR professionals.

• Examines the psychology of fraud in a practical way, relating it to aspects of fraud prevention, deterrence, detection, and remediation
• Helps you understand that trust violation the essence of fraud is a betrayal of behavioral assumptions about "trusted" people
• Explains how good people go bad and how otherwise honest people cross the line
• Underscores the importance of creating a culture of excellence and integrity that inoculates an organization from fraud risk (i.e., honest behavior pays, while dishonesty is frowned upon)
• Provides key takeaways on what to look for when hiring new employees and in your current employees, as well as creating and maintaining a culture of control consciousness
• Includes narrative accounts of interviews with convicted white–collar criminals, as well as interpretive insights and analysis of their rationalizations
• Furnishes ideas about how to enhance professional skepticism, how to resist fraudsters, how to see through their schemes, how to infuse internal controls with the people/behavioral element, and make them more effective in addressing behavioral/integrity risks
• Provides a solid foundation for training programs across the fraud risk management life cycle all the way from the discovery of fraud to its investigation as well as remediation (so the same fraud doesn′t happen again)
• Enables auditors/investigators to engage in self–reflection and avoid cognitive and emotional biases and traps that lead to professional judgment errors (e.g., overconfidence, confirmation, self–deception, groupthink, halo effect, availability, speed–accuracy trade–off, etc.)

Ever since the accounting scandals surrounding Enron and WorldCom surfaced, leading to the passage of the Sarbanes Oxley Act of 2002, as well as the continuing fall out from the Wall Street financial crisis precipitating the Dodd–Frank Act of 2010, fraud has been a leading concern for executives globally. If you thought you knew everything there was to know about financial fraud, think again. Get the real scoop with The A.B.C.′s of Behavioral Forensics.

Quatrième de couverture

Praise for A.B.C.′s of Behavioral Forensics

"Fraud is an important part of enterprise risk. Although it falls in the finance and accounting function, it is also a people issue. The authors have taken an important step forward in helping organizations by examining issues of relationships, emotions, narcissism, and larger group and organizational dynamics that will help leaders understand and deter fraud."
Harry M. Jansen Kraemer, former CEO, Baxter International; Professor of Leadership, Kellogg School of Management, Northwestern University

"You will, upon reflection, note that [the authors] have not only addressed the narrower issues of forensics, but the broader issues of philosophy, ethics, and governance. This book can be read usefully at the surface level. Or given more time and thought, a reader will be led to think more deeply about how society is impacted when otherwise good people, particularly our leaders, violate their trust. Reading this book will be a good and profitable use of your time."
Andrew D. Bailey, Jr., PhD, CPA, CMA, CIA, CFE, Professor Emeritus of Accounting, University of Illinois at Urbana–Champaign

"Sri, Dave, Joe, and Kelly have done a great job of helping us understand the importance of recognizing the very personal and individual human factors that can drive someone to fraudulent behavior. They also provide insights and guidelines that can help us recognize the potential ′fraudster.′"
Peter Pesce, Partner Emeritus, A.T. Kearney

"With recognizable and pertinent case studies, these exceptionally qualified authors demonstrate how certain human behavioral factors precede and enable a fraud be it carried out by one person, a colluding group, or by suggestions from leadership. What the authors then do is thoroughly describe these defining emotions, the essential relationship between the fraud perpetrator and the victim, and what can lead an individual to reverse his or her ′honesty course.′"
Jameson A. Baxter, Chair, Putnam Funds

"Leaders with integrity attempt to define and determine the personality characteristics of truth and honesty in themselves and others. However it′s a search often fraught with uncertainty. A.B.C.′s of Behavioral Forensics will help you to be aware of the signals of devious behavior. Most important, it will increase your sensitivity to the importance of the issue. Corrupt activities are often allowed to continue due to our own indifference."
Duane R. Kullberg, former CEO, 1980 1989, Arthur Andersen & Co.

"Understanding why fraud happens is as important as understanding what happened. A.B.C.′s of Behavioral Forensics offers important insight into the mind of the white–collar criminal. It′s good reading for accounting professionals, journalists, lawyers, psychiatrists, and laypeople alike."
Bethany McLean, Fellow, The University of Chicago; contributing editor, Vanity Fair; and coauthor of All the Devils Are Here and The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron

Détails de l'édition

• Éditeur: Wiley
• Date d'édition: 2013
• ISBN 10: 1118370554
• ISBN 13: 9781118370551
• Reliure: Relié
• Langue: anglais
• Nombre de pages: 304