Internal control/anti-fraud program design for the small business : a guide for companies not subject to the Sarbanes-Oxley Act

Content: Internal Control/Anti-Fraud Program Design for the Small Business
 Contents
 Preface: Maybe It's Time We Get Back to the Basics
 Anti-Fraud Program Design for the Small Business
 Small Business Defined
 The Public Company versus the Nonpublic (Private) Company
 Why the Distinction?
 We Get It
 We Need to Try to Prevent Fraud-So How Do We Do This?
 The Anti-Fraud Program Structure
 Acknowledgments
 PART I: THE ANTI-FRAUD ENVIRONMENT: THE BLUEPRINTS, THE FOUNDATION, THE GROUND FLOOR
 Chapter 1: The Architect's Blueprint: Establishing the Framework
 The Elements of Anti-Fraud Program Design Anti-Fraud EnvironmentFraud Risk Assessment
 Control Activities
 Information: Program Documentation
 Communication: The Company Fraud Training Program
 Monitoring and Routine Maintenance
 Chapter 2: Foundational Policies: The Fraud Policy
 Foundational Policies
 The Fraud Policy: The Essential Elements of an Effective Fraud Policy
 Element 1. Policy Statement
 Element 2. Scope
 Element 3. Actions Constituting Fraud
 Element 4. Nonfraud Irregularities
 Element 5. Reporting Structure
 Element 6. Investigation Responsibilities
 Element 7. Authorization for Investigation Element 8. Acting in Good FaithElement 9. Whistle-Blower Protection
 Element 10. Suspension or Termination
 Element 11. Acknowledgment and Signature
 Case Presentation
 Chapter 3: Foundational Policies: The Fraud Reporting Policy
 The Essential Elements of an Effective Fraud Reporting Policy
 Element 1. Policy Statement
 Element 2. Scope
 Element 3. Reportable Actions Constituting Fraud
 Element 4. Predication
 Element 5. Reporting Mechanism
 Element 6. Acknowledgment and Signature
 Chapter 4: Foundational Policies: The Expense Reimbursement Policy
 Case: "No Questions Asked" Case: "It Will Never Be Missed"Case: Larry the Chief Financial Officer
 The Elements of an Effective Expense Reimbursement Policy
 Element 1. Policy Statement
 Element 2. Scope
 Element 3. Authorized Uses
 Element 4. Unauthorized Uses
 Element 5. Violations
 Element 6. Documentation
 Element 7. Statement of Responsibility
 Appendix 4A: Expense Report Form
 Appendix 4B: Supplemental Business Meal and Entertainment Charges Form
 Chapter 5: The Ground Floor: The Fraud Risk Assessment Process
 Ground Rules for Fraud Risk Assessment
 Rule 1. Don't Be Misled
 It's Not as Hard as It Seems Rule 2. Place What You Know on the Back Burner, and Think the UnthinkableRule 3. Whether You Like It or Not, You Have to Think Like a Criminal
 Rule 4. Don't Overdocument the Process
 An Example of Risk Assessment
 Procedural Steps for Performing a Fraud Risk Assessment
 Understand the Guiding Principles
 Determine the Participants
 Determine How Information Will Be Gathered
 Identify Areas of Fraud Risk
 Cash in Bank
 Case: The Trail Is Gone
 Case: Friends in Low Places
 Asset Misappropriation
 Corruption
 Financial Statement Fraud
 PART II: ANTI-FRAUD CONTROL ACTIVITIES: RAISING THE WALLS