Author Description

Substantially Reduce The Largely Hidden Cost Of Fraud, And Reap A New Competitive Advantage. As The Title Suggests, Countering Fraud For Competitive Advantage Presents A Compelling Business Case For Investing In Anti-fraud Measures To Counter Financial Crime. It Looks At The Ways Of Reaping A New Competitive Advantage By Substantially Reducing The Hidden Cost Of Fraud. Aimed At A Wide Business Community And Based On Solid Research, It Is The Only Book To Put Forward An Evidence-based Model For Combating Corporate Fraud And Financial Crime. Despite Its Increase And Capture Countering Fraud For Competitive Advantage : The Professional Approach To Reducing The Last Great Hidden Cost; Contents; 1 Introduction; 1.1 Book Outline; End Notes; 2 The Fraud Problem; 2.1 Introduction; 2.2 The Fraud Problem; 2.2.1 What Is Fraud?; 2.2.2 Types Of Fraud; 2.3 The Extent Of Fraud; 2.4 Trends In Fraud; 2.5 The Impact Of Fraud; 2.5.1 Fraud Leads To More Fraud; 2.5.2 Psychological And Health Impacts; 2.5.3 Reputation; 2.5.4 Change In Behaviour; 2.6 Conclusion; Further Reading; End Notes; 3 The Fraudster And The Culture Of Fraud; 3.1 Introduction; 3.2 Understanding The Fraudster 3.2.1 Profiling Fraudsters3.2.2 Pressure; 3.2.3 Rationalisation; 3.2.4 Opportunity; 3.2.5 Red Flags; 3.3 Cultures And Fraud; 3.4 Conclusion; Further Reading; End Notes; 4 The Resilience To Fraud; 4.1 Introduction; 4.2 National Resilience; 4.3 Organisational Resilience; 4.3.1 Adopting The Right Strategy; 4.3.2 Accurately Identifying The Risks; 4.3.3 Creating And Maintaining A Strong Structure; 4.3.4 Taking Action To Tackle The Problem; 4.3.5 Defining Success; 4.3.6 Overall Analysis; 4.4 Further Research; 4.5 Acfe Research 4.6 Understanding The Problem: Fusing The Fraudster, The Culture, And The Structures Of Resilience4.7 Conclusion; Further Reading; End Notes; 5 Measuring Fraud Losses And Tailoring The Strategy; 5.1 Introduction; 5.2 The Problem With Risk Management; 5.3 Measuring Fraud; 5.4 Wider Benefits Of Fra