By the book – How fraud investigations are conducted

Description

Abstract: When a company suffers fraud, it needs the assistance of a fraud expert to find the perpetrator and collect evidence. A recent guide, published jointly by several industry associations, outlines the approach a qualified expert will take to execute a fraud investigation. After determining the appropriate process for the matter at hand, the expert will move the investigation through three stages: interviews, evidence collection, and evidence analysis. This article also describes corrective steps that can be taken before or after an investigation is complete, while a sidebar discusses factors that may influence a specific investigation’s plan.