Have you ever wondered how your government could lessen the risk of theft? Or maybe you are curious about how fraudsters get away with their wily schemes.
Fraud occurs in local governments in a multitude of ways, yet many cities, counties, school systems, authorities, and other public entities are ill prepared to prevent or detect its occurrence. Why is this so? Some governments place too much reliance on annual audits as a cure-all, but clean audit opinions don't mean that fraud is not occurring. And some governments fail to understand how vulnerable they are--until it's too late.
Why is governmental fraud so common? Many small governments don't have a sufficient number of employees to segregate accounting duties. It is also these smaller governments that place too much trust in their accounting personnel. This combination of a lack of segregation of duties and too much trust in key employees often leads to significant losses from theft.
The Little Book of Local Government Fraud Prevention provides several real-life stories of fraud. The stories will inform you about how local government employees steal. Then the stories are followed with prevention techniques to assist you in mitigating fraud risks. In one story, for example, the book shows how a single municipal employee stole over $53 million dollars, all from a city of just 16,000 citizens.
If you audit governments, you will find this book helpful in pinpointing common areas where governmental fraud occurs. The book also includes fraud audit checklists. Whether you are an internal or external auditor, you will find fresh ideas for prevention and detection.
The Little Book of Local Government Fraud Prevention will assist you if you are a:
1. Local government accounting employee
2. Local government elected official
3. Local government auditor
4. Local government attorney
5. Certified Public Accountant
6. Certified Fraud Examiner
Together we can bring down the risk of fraud and corruption in our local governments. Come join the team. We'll all be better for it.
Fraud occurs in local governments in a multitude of ways, yet many cities, counties, school systems, authorities, and other public entities are ill prepared to prevent or detect its occurrence. Why is this so? Some governments place too much reliance on annual audits as a cure-all, but clean audit opinions don't mean that fraud is not occurring. And some governments fail to understand how vulnerable they are--until it's too late.
Why is governmental fraud so common? Many small governments don't have a sufficient number of employees to segregate accounting duties. It is also these smaller governments that place too much trust in their accounting personnel. This combination of a lack of segregation of duties and too much trust in key employees often leads to significant losses from theft.
The Little Book of Local Government Fraud Prevention provides several real-life stories of fraud. The stories will inform you about how local government employees steal. Then the stories are followed with prevention techniques to assist you in mitigating fraud risks. In one story, for example, the book shows how a single municipal employee stole over $53 million dollars, all from a city of just 16,000 citizens.
If you audit governments, you will find this book helpful in pinpointing common areas where governmental fraud occurs. The book also includes fraud audit checklists. Whether you are an internal or external auditor, you will find fresh ideas for prevention and detection.
The Little Book of Local Government Fraud Prevention will assist you if you are a:
1. Local government accounting employee
2. Local government elected official
3. Local government auditor
4. Local government attorney
5. Certified Public Accountant
6. Certified Fraud Examiner
Together we can bring down the risk of fraud and corruption in our local governments. Come join the team. We'll all be better for it.
