How to Find Fraud and Corruption

"Its not just that everyone can be a fraud detective, everyone should be! Fraud dents trust in organisations and undermines civil society; robs companies and public bodies of much needed funds to invest and provide services; and at worst can lead to company closure, job losses and individual ruin. And the ill-gotten gains goes into the pockets of the dishonest and the criminally minded. That is why there is an urgent need to marshal all our forces and raise a new army an army of fraud detectives to identify and prevent fraud. You dont need to be Sherlock Holmes to detect fraud sometimes it is hiding in plain sight, just waiting to be uncovered by someone with a sceptical eye - and this book will give you the tools to find fraud wherever it raises its ugly head. So go on, pick up that magnifying glass, throw on your metaphorical cape and deerstalker and join the hunt for fraud. You never know it might be quite a lot of fun - the game is afoot!" - Mike Haley, Chair of the Joint Fraud Taskforce and CEO of Cifas, the UKs Fraud Prevention Service. "This book provides some practical insights of how to find Fraud and corruption before it might find you. Not looking at a problem does not mean it does not exist - as a start , have a read of this book it is an excellent read." - Steven Swientozielskyj, CEO/President of Business Partnering Global Ltd "How to Find Fraud and Corruption this is a book of recipes of recipes that can help organizations comprehend better how their books are being cooked; sunshine payments made, and colourful business deals signed and yet see the bright side of it. As soon as you are empowered with knowledge and skills, any fraud stops being a vicious taboo word representing an uncomfortable and headache-causing issue, something that could never happen to your organization (and yet it did and will happen again). Empowering employees and organizations with skills and knowledge and injecting positive attitude that, yes, fraud discovery can be a gain and an opportunity to improve this is one of the main contributions of the book, presented with playful grace and a touch of humour and with the author always there for his readers." - Anna Kon, Certified Internal Auditor and Fraud Examiner "In creating a recipe book for aspiring fraud detectives Nigel has stuck two fingers up to the fraud technocrats by producing a book that is fun to read, easy to follow and crucially makes fraud relevant and meaningful. In the process he has highlighted the limitations of regulators and auditors to combat this pernicious activity, pressing the point that we all have the means and responsibility to tackle fraud in organisations, whether that is the companies we work for, governments we elect or the home in which we live. As with all good recipe collections, How to Find Fraud and Corruption provides the ingredients, measures and method to excel. The end result is a rich textured account of contemporary malpractice dusted with examples drawn from Nigels vast practical experience and scenarios which encourage you to reflect on your attitudes and behaviours. All of this, when complemented with Nigels wit and storytelling skills, ensures that uncovering the foul deeds behind cooking the books has never been so much fun." - Dr Matthew Higgins, University of Leicester School of Business. "Nigel Iyer has written a unique book on fraud and corruption. His approach is different, informative, fresh and stimulating. Going beyond the dry practices of compliance he brings the topic alive and demonstrates clearly why a concern about fraud and corruption should be a central activity of all senior managers. Drawn from his own professional experiences garnered over many years working with a variety of organisations across the world Nigel draws out in a serious, engaging and entertaining way the main lessons to be learned. He writes clearly, provides sharply focuse

Nigel Iyer is a partner at the fraud advisory firm Hibis and has over 25 years' experience in detecting and preventing fraud. A computer scientist and a qualified chartered accountant, Nigel is also a recognised dramatist and has written a number of educational films and plays based on his experiences, many of which are used in teaching worldwide. He is the author of several books, including Fraud and Corruption: Prevention and Detection, The Tightrope and A Short Guide to Fraud Risk. Nigel lectures on fraud and corruption and is a fellow of CIMA and the University of Leicester, School of Management.

How to use this book, Preface, Acknowledgements, Note on the text, Part I: Fraud and corruption made simple, 1. What is a fraud detective and how can I become one? , 2. Demystifying fraud and corruption, 3. Turning a problem into an opportunity, Part II: Recipes for the aspiring fraud detective, 4. Three basic examples of recipes to detect red flags , 5. Thinking like a thief: how to out-think the fraudster and predict where your organisation is being defrauded, 6. Seven classic recipes to discover fraud and corruption, 7. How to follow the money and find fraud fast Part III: Dont panic: there is always a way to resolve things! 8. What to do when you think you may have found fraud, 9. Resolving fraud and corruption and restoring normality with minimal panic and maximum humanity, 10. Good news for management, The Fraud Detectives: a true case in point References Index