Thesis - FRAUD CONTROL IN INDIA.

Thesis covers :
Fraud Cycle in India, Red Flags, Detection Methodologies, Investigation Strategies employed, Role of management, Auditors and Stake holders, Law relating to frauds in India and other Ancillary issues.

Survey:
Every Information or statistic involves thorough survey. Since, this being a Macro issue survey is mandatory for the accuracy of the thesis.

Volunteers:
Surveying and concluding the statistic involves tedious and collective work. So, there is a necessity for a good team work of the persons interested in the field.

Time period:
It takes time for the desired results to be fruitful and useful to the stake holders. So, patience is the key.

so, friends, this is the issue, I would now like to invite some volunteers who are really interested in the same. The entire process would be on-line and we will have regular online chat meets for sharing the info and discuss the progress via face book chat with a separate group which is yet to be introduced for the purpose.

Interested volunteers please mail to the undermentioned id :

fraudcontrolindia@gmail.com

Regards and thanks,

Subramanya Bhagirath K

 

Report to the Nations - 2010.

friends,

I provide you with the Report to the Nations - link.
http://www.acfe.com/uploadedFiles/ACFE_Website/Content/documents/rttn-2010.pdf

You will find fraud statistics, schemes, summary of cases which will help you in knowing the FRAUD IN WORLD.

happy reading,
bhagirath ks

Enron Scandal - A report

Fraud examiners believe that the Enron Scandal is the beginning of the establishment of the Association of Certified fraud Examiners ( ACFE ). It led to the introduction of the Sarbanes Oxley Act in 2001. So, I believe that for the beginners this case is mandatory to learn how the fraud schemes are perpetrated. I, hence provide you with the following link : -

http://www2.econ.iastate.edu/classes/econ353/tesfatsion/enron.pdf

Knowledge dose

The first ever Fraud investigation and a person appointed as fraud examiner dates back to 17th century. His name was Charles Snell. However, many scholars believe that pharaohs of Egypt appointed trusted persons to take care of the livestock and other barter assets of the kingdom. 

Fraud investigation basics - important for a learner.

Hi !!!

My passion towards financial forensics led me to apply for a job as trainee in one of the financial forensics firm (pardon me for not mentioning the name... I am not entitled to do it). I got selected too. but unfortunately I could not join due to personal reasons. but still today I regret to let lose the opportunity that knocked my door. During the interview process the following three points were delivered by a an Anti-fraud professional :-

1.Mere investigation is not the end to fraud detection. Investigation
encompasses examination, collection of evidence, preserving evidence,
preparing reports in a coherent manner and their presentation and
knowledge of using various fraud detection tools.
2. Investigation also needs a dynamic approach. Surveillance and field
visits are the in-thing in many kinds of investigation, For this you
need to possess qualities like courageousness, discreetness, calmness
and patience, analytic, a good memory retention ability multi-lingual
capability and good communication skills.
3. Every investigation will not meet with the desired end result. In
other words there is no guarantee to a success in all investigations.


I thought of sharing these for the friends like you who are interested in finding their career as an anti-fraud professional.


regards,
bhagirath ks

Fraud auditing and forensic accounting - ebook

http://uploading.com/files/179e9bmc/047056413XFraud.rar/

Authors :-
1.) Tommie W. Singleton
2.) Aaron J. Singleton

comment:- Book is a combination of fraud audit and accounting..  Good for expertise in the field. Helps to understand some typical issues in the fraud investigation and accounting.

Ranking ( my own on a scale of 1 - 10) :- 7.

Ab anotomy of fraud Investigation - ebook by Stephen pedneault

http://uploading.com/files/e26m46ed/0470560479_FraudInvestigation.rar/