Chapter 1 The Acquisitions Cycle: Ordering, Receiving, and Warehousing 1-1
The Acquisitions Cycle 1-2
Ordering 1-3
Receiving and Warehousing 1-7
Variations of the Typical Acquisitions Cycle 1-10
Manufacturing Environment 1-11
Retail Environment 1-12
Services 1-13
Smaller Entity 1-14
Internal Controls in the Ordering, Receiving, and Warehousing Processes 1-15
Errors, Fraud, and Controls 1-17
Control Matrix 1-20
Summary 1-23
Practice Questions 1-24
Chapter 2 Cash Disbursements Cycle 2-1
Cash Disbursements 2-2
Typical Cash Disbursements System 2-3
Internal Controls in the Example Retail System 2-10
Errors, Fraud, and Controls 2-12
Control Matrix 2-17
Services 2-18
Electronic Data Interchange (EDI) Overview 2-19
Cash Disbursements Fraud Statistics 2-20
Cash Disbursement Frauds Other Than Billing 2-22
Cash Register Disbursement Frauds and Theft of Cash on Hand 2-26
Summary 2-27
Practice Questions 2-28
Chapter 3 Payroll and Expense Reimbursement Cycles 3-1
Payroll System 3-3
Internal Controls in the Example Payroll System 3-9
Additional Payroll System Controls 3-11
Control Matrix 3-15
Other Compensation Methods 3-16
Other Payroll Compensation Issues 3-17
Summary 3-21
Chapter 4 External Auditing and Forensic Investigations: Conceptual and Procedural Differences 4-1
Overview 4-2
Differences Between External Audit and Forensic Procedures and Principles 4-4
Summary 4-9
Glossary
Index
Solutions
Chapter 1 Solutions 1
Chapter 2 Solutions 3
Chapter 3 Solutions 6
Chapter 4 Solutions 7
