Today’s Topics
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Shenanigans
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Introduction-real world focus
The 13 Shenanigans
Preventing Fraud-Part I
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Creating the culture
FORENSIC ACCOUNTING - BA124 - Spring 2015
Creating the Culture
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Not everyone is honest
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Desperate people do desperate things!
Four ways to establish the culture
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Hire honest people and train them
Cultivate a positive work environment
Spread a relevant and understandable
code of ethics
Provide employee assistance programs
FORENSIC ACCOUNTING - BA124 - Spring 2015
Hire and Train Honest
People
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30-40-30! (honest, swing, dishonest)
Privacy laws create problems
Resume fraud
Reinforce company policy
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If it is to be “no tolerance”; make it no
tolerance
FORENSIC ACCOUNTING - BA124 - Spring 2015
Positive Work
Environment
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Happy employees usually won’t rip
you off!
“I don’t get mad, I get even”
mentality
Note the list in the text.
FORENSIC ACCOUNTING - BA124 - Spring 2015
Code of Ethics
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Make it relevant and understandable
Emphasize who gets hurt
Promote open discussion
FORENSIC ACCOUNTING - BA124 - Spring 2015
Employee Assistance
Programs
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We are all human
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We can all use help
6:1 return ratio for EAPs
Combine with your Management by
Objectives (MBO) program
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Private MBOs
FORENSIC ACCOUNTING - BA124 - Spring 2015