This book presents and investigates the potential and inherent fraud threats to an organization. It helps develop a program to detect and prevent them by way of a fraud risk management system. The author analyses global corporate explosions and experiences through implementation of fraud management techniques for future learnings. The case studies comprise the likes of Enron, WorldCom, Parmalat, Satyam, Lehman Brothers, the IL&FS and the recent Silicon Valley Bank.
The volume covers the following:
- Fraud Detection & Prevention
Thoroughly updated to reflect contemporary global trends and real-world corporate cases, the book will be indispensable to Individuals, corporate executives, and management students. It will also be a useful tool for executive and management development programs (EDPs and MDPs). Financial professionals and anyone looking for a quick refresher on corporate frauds and governance will find it a worthy resource.
This book presents and investigates the potential and inherent fraud threats to an organization.
Arvustused
"Fraud is occurring on an increasing scale - its prevention and timely detection has never been more important. Dr. Sandeep Goel beautifully documents an organization's commitment to implementing robust mechanisms to identify, assessment, and mitigate potential fraudulent risks. It draws upon in-depth knowledge and skills to manage an effective and robust risk management framework across businesses."
Sanjeev Bikhchandani, Founder and Executive Vice Chairman, Info Edge, New Delhi, India
The global trend for stronger facilitation in key business and trade areas is the genesis for an equally strong risk management system. Dr. Sandeep Goel, in his lucid style, brings forth the typical attributes and assessments of frauds and makes the reader become aware about the regulatory aspects of fraud management in his new book. An asset for all Businesses.
Kavita Bhatnagar (IRS), Additional Director General, National Academy of Customs, Indirect Taxes & Narcotics (NACIN), Ministry of Finance, GoI, Bhopal
1. The Fraud framework;
2. Fraud: Types, schemes and preventives;
3.
Fraud risk management: Concept, process and system;
4. Corporate governance:
The essence of fraud risk management;
5. Management compensation: Economic
value added (EVA);
6. Fraud risk management: The industry and strategic
interface;
7. Global frauds;
8. Brainstorming Supplementary resource
Sandeep Goel is a Senior Professor of Accounting and Finance, and Corporate Governance at Management Development Institute (MDI) Gurgaon, India. He holds two doctorates, one in Finance; and another in Accounting from the Faculty of Management Studies, University of Delhi. He completed his bachelors with Hons. and masters degrees in Commerce with specialisation in Finance from Shri Ram College of Commerce, and the Department of Commerce, Delhi School of Economics, University of Delhi, respectively. He has three decades of industry and academic experience across various organisations and institutions of repute, including the Shri Ram Group, the University of Delhi and MDI Gurgaon. He sits as an Independent Director on the Board of Machino Plastics Ltd., Gurugram, a Suzuki JV. He is a Visiting Professor to the Faculty of Management, University of Lodz, Poland and Aix-Marseille Graduate School of Management IAE AIX-Marseille University, France. He is a Management Trainer and Consultant to Organisations like Maruti Suzuki, Canara Bank, JK Tyre, PFRDA, NPCI, IRS, ITS, FIA Business School (Brazil), Bata, Encore, Federal-Mogul Goetze (India) Ltd., SOS Village International, Cairns India, National Banking Institute (Nepal), Druk Holdings (Bhutan), UltraTech Cements, ONGC, and many more. He is a prolific writer and has authored more than 15 books, and published over 100 research articles and cases in national and international journals of repute. He has been conferred with Award for Excellence in Teaching, 2023-24, 201516 and Award for Excellence in Research, 201516 at MDI.
