The sources provide an overview of a study focusing on supplier financial fraud and strategic opportunism within cross-border e-commerce, particularly concerning smaller international buyers. This research examines proprietary data of over 1000 complaints from a non-profit website, SupplierBlacklist.com, to predict the likelihood of financial fraud versus other issues like poor quality or delivery problems, termed myopic opportunism.

The sources provide an extensive overview of fraud in e-commerce, focusing on its nature, prevention, and detection as part of a forensic accounting curriculum. They categorize various types of e-commerce fraud, including chargeback fraud, return fraud, payment fraud, identity theft, and supplier fraud, often illustrating them with specific case examples and estimated losses in Australia.

The sources provide an extensive overview of consumer fraud, scams, and identity theft, primarily focusing on the Australian context. They begin by setting learning objectives related to defining consumer fraud, understanding identity theft, and classifying various scam types.

This academic source provides an overview of Forensic Accounting principles, with a specific focus on Fraud Against Organizations. The chapter materials define and categorize various forms of occupational fraud, including asset misappropriation, corruption, and financial statement fraud.

The provided text, originating from a forensic accounting chapter, offers a detailed examination of three major categories of financial statement fraud: Liability Fraud, Asset Fraud, and Inadequate Disclosure Fraud.

These week 6 exercise sources provide a comprehensive overview of conversion investigation methods in forensic accounting, particularly focusing on detecting unknown income and potential fraud. They include practical short cases with detailed financial data, demonstrating how to perform net worth calculations to identify discrepancies between known income and expenses.

This source, an excerpt from a forensic accounting textbook chapter, focuses on revenue and inventory-related financial statement frauds. It outlines learning objectives for identifying fraud schemes, searching for symptoms, and understanding follow-up procedures. The text distinguishes between t

This source provides an overview of financial statement fraud, exploring its nature, motivations, and methods of concealment. It details historical fraud cases from pre-2000 to 2022, highlighting the significant financial losses and the subsequent penalties and regulatory changes.

This academic chapter, ”Inquiry Methods and Fraud Reports,” focuses on investigating fraud, particularly through interviewing techniques. It outlines the various ways organizations combat fraud, including prevention, detection, investigation, and legal action.

This week we provide a summary of the main exercises surrounding the investigation of fraud.

This chapter from ”Forensic Accounting” by Dr. Neale O’Connor, drawing from the ”Fraud Examination” textbook, focuses on conversion investigation methods used in fighting fraud. The material explains the importance of tracing how perpetrators spend stolen funds and outlines various sources of information for conversion searches, including government, private, and online records. A key method detailed is the net worth method, which uses a formula involving assets, liabilities, and living expenses to calculate income from unknown sources, thus estimating the extent of embezzlement. Ultimately, the chapter aims to equip fraud examiners with techniques to gather evidence for interrogations and legal action.

This chapter, "Investigating Concealment," from a forensic accounting course by Dr. Neale O'Connor, focuses on the methods used to uncover fraud after a theft has occurred, specifically when perpetrators attempt to hide their actions. It emphasizes the critical role of documentary and electronic evidence in fraud investigations, noting that sophisticated fraud often leaves a paper or digital trail. The material covers various techniques for obtaining documentary evidence, including computer-based queries, traditional audits, and discovery sampling, alongside methods for handling and securing such evidence. Additionally, the text addresses the challenges of acquiring "hard-to-get" evidence like private bank or tax records, and the expertise of document examination specialists in authenticating and analyzing disputed documents to reveal alterations or forgeries.

This source, "Chap_07 - Investigating Theft Acts," focuses on fraud examination, specifically theft investigation methods. It outlines how organizations combat fraud through prevention, detection, investigation, and legal action. Key investigative techniques are discussed, including surveillance, invigilation, physical evidence, and electronic evidence gathering, with particular attention given to developing vulnerability charts to coordinate efforts. The text also includes a comprehensive table of Australian fraud cases from 2021-2023, illustrating various fraud types, estimated losses, and investigation methods employed. Additionally, it details the process for gathering electronic evidence, emphasizing the importance of cloning devices and calculating CRC checksums to ensure data integrity.

This source, "Chap_06 - Data-Driven Fraud Detection.pdf", serves as a chapter from a forensic accounting text, likely titled "Forensic Accounting" with Dr. Neale O’Connor. It focuses specifically on data-driven fraud detection, contrasting errors with intentional fraud and highlighting the limitations of audit sampling for fraud. The document outlines a six-step data analysis process for proactive fraud detection, beginning with understanding the business and culminating in symptom investigation. It also introduces various data analysis software (like ACL Audit Analytics and CaseWare's IDEA), methods for data access (such as Open Database Connectivity), and common data analysis techniques including digital analysis (Benford's Law), outlier investigation, stratification, fuzzy matching, and real-time analysis. Finally, it explains how to detect fraud by analyzing financial statements through comparisons, ratio analysis, and vertical/horizontal analysis.

This educational material, likely from a forensic accounting course, focuses on recognizing the symptoms of fraud. It outlines the different methods organizations use to combat fraud, including prevention, detection, investigation, and legal action. The text details various "red flags" or indicators of fraud, such as accounting anomalies, unusual analytical relationships, weaknesses in internal controls, extravagant lifestyle changes, and unusual behaviors. Several case studies illustrate how these symptoms lead to fraud discovery, emphasizing the importance of recognizing subtle clues. Finally, the sources touch upon the critical role of tips and complaints, highlighting how new laws like Sarbanes-Oxley and Dodd-Frank protect whistleblowers and encourage fraud detection.

This educational material, likely from a forensic accounting course, focuses on preventing fraud within organizations. It outlines key learning objectives such as fostering honesty, eliminating opportunities, and implementing proactive auditing. The document emphasizes that most individuals are capable of dishonesty and provides strategies for mitigation, including robust hiring policies, cultivating a positive work environment, and implementing employee assistance programs. Furthermore, it highlights the importance of strong internal controls (SAPID framework), discouraging collusion, establishing whistle-blowing systems, and ensuring an expectation of punishment for fraudulent activities. The text advocates for a comprehensive and proactive approach to fraud prevention, moving beyond reactive measures to minimize financial and reputational risks.

This chapter, ”Fighting Fraud: An Overview,” from a forensic accounting textbook authored by Albrecht/Albrecht/Albrecht/Zimbelman, offers a comprehensive examination of how organizations combat fraud. It outlines a four-pronged approach: fraud prevention, detection, investigation, and legal action.

Chapter 2, ”Why People Commit Fraud,” detailing learning objectives that include identifying types of perpetrators, understanding the fraud triangle’s components (pressure, opportunity, rationalization), and exploring the fraud scale.

We examine fraud’s definition, impact, and major types, including asset misappropriation and financial statement fraud. It distinguishes criminal vs. civil fraud laws, covers legal consequences, and outlines key skills and career paths in fraud prevention and detection.