Free PDF , by Martha Maeda
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, by Martha Maeda
Free PDF , by Martha Maeda
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Product details
File Size: 2552 KB
Print Length: 338 pages
Page Numbers Source ISBN: 160138212X
Publisher: Atlantic Publishing Group Inc (December 28, 2012)
Publication Date: December 28, 2012
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B00AV8MXGA
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Amazon Best Sellers Rank:
#245,097 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
This book has two parts: ocupational fraud and financial fraud. I liked a lot the first part, dealing with ocupational fraud and how employees manipulate the books to cover it up. One key issue with ocupational fraud is to cook the books to cover up the theft. Otherwise, it woulld be short lived. Very interesting and well written. I think that small and medium size business will find useful tips to avoid and detect being robbed by their employees.The second part of the book, dealing with finanacial fraud is less interesting. Basically is an introduction to financial audit written by someone who does not seem to be an auditor. Being an expert in accounting and taxes I found this second part too basic.Overall is a worthy read
It covers the topic in a general and interesting way. She does not write above her audience and give real life fraud examples. Great book
good book
This book came highly recommended by a colleague and I appreciate its clarity and useful examples. It has more than met my expectations.
A lot of relevant information with focus not only on what perpetrators cover up, but what type of schemes they us and how to spot the fraud.
Purchased by a hacker!
My husband is a great guy; however he is way too gullible. He believes in every get-rich-quick scheme that comes his way, and the last time I looked we were far from rich. In fact, I would like to have the money back he has lost by those who have bilked him out of a few bucks - some being employees he knew and trusted. Since getting back what we lost probably won't happen, I have bought him this book so we can finish paying for our child's braces and save for college. While not all get-rich-quick-schemes are fraud and not all employees steal, he needs to know how to spot fraud and how to protect our finances.Martha Maeda explains that "fraud is the theft of assets from a company or individual through the manipulation and abuse of legitimate processes." This can make it difficult to detect because it seems so above-board - and it can happen to anyone. Financial savvy victims of Bernie Madoff did not think they were giving their money to a crook. For years they believed their money was safe. It wasn't. His Ponzi scheme was eventually uncovered and many people lost their life's savings. You can prevent this from happening to you.In this book Ms. Maeda makes clear to us layman What Fraud is, Who Commits Fraud, How Fraud is Detected, What Financial Statement Fraud is, How to Spot Accounting Fraud in an Organization, the Seven Different Types of Financial Statement Manipulations, How to Prevent Fraud and How to Assess and Conduct an Investigation on Fraud. She also points out to us what Asset Misappropriation and Embezzlement are and how to spot Fraudulent Disbursements. It is no wonder that average people like me just don't get how complicated and established financial larceny is. This is why we all need this book. Ms. Maeda has explained in very understandable details what we need to know. This is a book I will buy for other family members and keep handy for years. I was surprised at how much I didn't know about accounting fraud and financial cover-ups and am delighted to finally find a book that explains it all to me - and my husband - so we will never be in the dark again. A valuable and necessary book for everyone, I want to thank Ms. Maeda for enlightening me. I will never be without this book, and neither will my husband. I'll make sure of that.
When I first started 'The Complete Guide to Spotting Accounting Fraud & Cover-Ups' by Martha Maeda, I thought I was going to be bored. Actually, this book is quite fascinating. It promises to be easy to read, and it lives up to that promise, even for someone who'd had no background in accounting or finances. There are plenty of examples, including the cases of Bernard Madoff and Martha Stewart and examples from Coca-Cola, AOL, the International Olympic Committee, and more that show how the lessons apply to real life. As a psychology major, I found the discussion of psychopathic personality disorder in business especially fascinating.This book is also very thorough. It discusses in detail the different kinds of frauds that are most likely to occur, why the occur, and who is most likely to be involved in them. More important, it details the ways owners of businesses large and small and investors can keep an eye out for the various kinds of fraud. Numerous resources went into researching this book, and Maeda shares the particularly valuable and user-friendly resources with the reader. According to the introduction, organizations in the USA lose about 7% of their annual revenue to fraud, or an estimated $994 billion total. For these reasons, anyone who runs a business or a charity (even church groups) or who has investments should read through it at least once.
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