Customer Reviews

Fraud Auditing and Forensic Accounting

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This was not what one would expect from the title. There were no methodologies provided to research and detect fraud and very little in terms of accounting controls was addressed. The book is a collection of anecdotes and cases with very little practical information that transcends the most basic concepts. The book spends too much time discussing behavioral aspects of fraud as opposed to legitimate financial investigation. Overall, a huge disappointment.

Fraud Auditing and Forensic Accounting is an easy and enjoyable read which provides a well-rounded introduction to the field. It describes in detail the various means by which financial frauds are often perpetrated, and the various means by which forensic accountants and other anti-fraud professionals may prevent and detect such manipulation.
[...], the material is not particularly technical and is certainly not accounting-intensive - as an introductory book, its focus, naturally, is more broad than deep, and its style is approachable to beginners with little prior knowledge of the subject.

In my opinion, this book describe in detail the types fraud that can be perpetrated and how it is perpetrated. It also shows us how to detect the red flags in different types of frauds. Overall, it does fulfill my needs in buying the book in terms of how to look for the red flags and how I should focus my risk areas in terms of frauds auditing.