Solutions for Forensic Accounting and Fraud Examination, 3rd Edition by Mary-Jo Kranacher.pdf

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