Book description
How-to, authoritative guidance for creating a best-in-class fraud
prevention and compliance program in any organization
Now in a Second Edition, this practical book helps corporate
executives and managers understand the full ramifications of good
corporate governance and compliance. It covers best practices for
establishing a unit to protect the financial integrity of a business;
theories and models on how and why fraud occurs in an organization;
importance of strong internal controls; major compliance and corporate
governance initiatives and milestones since 1985; and more. Complete
coverage includes implementation guidance for a robust fraud
prevention and compliance program, including sample policies, best
practice examples, and a 14-point management antifraud program.
- Covers fraud risk assessment and prevention guidance
- Looks at global risk issues, including the Foreign Corrupt
Practices Act (FCPA) and UK Bribery Act
- Examines amendments to the Federal Sentencing Guidelines for
Organizational Crime
- Discusses Dodd-Frank Whistleblower Provisions
- Explores enterprise risk management key program elements
- Offers coverage of how fraud and compliance failures contributed
to the financial crisis
- Includes enhanced principles for fraud data mining
- Presents new cases, checklists and real-world examples, expanded
international coverage, and the latest technological tools
- Shows executives and managers what their responsibilities are
regarding fraud prevention, internal controls, and compliance
- Provides an instructor's website, including a test bank
- Other titles by Biegelman: Building a World-Class Compliance
Program and Foreign Corrupt Practices Act Compliance Guidebook
Completely revised and updated, Executive Roadmap to Fraud
Prevention and Internal Control, Second Edition is every
manager's best resource for understanding all the complex issues and
responsibilities associated with fraud and compliance.
Praise for Executive Roadmap to Fraud Prevention and Internal
Control: Creating a Culture of Compliance
“Martin Biegelman and Joel Bartow convert their lifelong experiences
and unparalleled knowledge into a concise, well-written book. They
provide the essential tools to take aspirational goals for fraud
prevention and compliance and build them into concrete and effective programs.”
-From the Foreword by Bradley J. Bondi, Partner, Caldwater,
Wickersham & Taft LLP
“Executive Roadmap touches all the bases on corporate fraud.
The authors - both experienced fraud investigators and federal law
enforcement agents - lay out the history and major milestones of
corporate fraud, and discuss with precision the key issues facing
today's executives and compliance leaders. The book provides a
valuable overview for business leaders looking to develop and
implement effective compliance programs and instill a culture of
integrity in order to help their organizations defeat the challenges
posed by today's sophisticated fraudsters.
-Jeffrey Eglash, Senior Counsel, Litigation & Legal Policy, GE
“Biegelman and Bartow provide great insight into not just how
fraud occurs inside of companies, but why. Preventing fraud
requires a solid understanding of both, making this book a must read
for any executive who is serious about creating the compliance
mechanisms and the corporate culture needed for effective fraud prevention.”
-Aaron G. Murphy, Partner, Latham & Watkins LLP
“Business leaders would be wise to follow the recommendations in this
book. Fraud prevention is more than just creating a set of policies.
As the subtitle indicates, it is essential to create a culture
of compliance. Empty words accomplish nothing. The authors, both
experienced fraud examiners, have spent decades investigating fraud,
as well as developing strategies to prevent it. This book is an
essential tool in creating an anti-fraud environment in any company.”
-James D. Ratley, CFE, President & CEO, Association of
Certified Fraud Examiners
“Biegelman and Bartow's Executive Roadmap to Fraud Prevention and
Internal Control is an essential guide for all who have an
interest in eradicating corporate or institutional fraud. Written by
experts in detecting and preventing fraud in its myriad forms, this
book is a handy source for those who hope to avoid the predicaments
that the authors have seen or in managing the crises that arise when
the problems cannot be avoided. The new second edition is an
indispensable addition to the libraries of internal compliance and
legal officers, and forensic accountants.”
-Joel M. Cohen, Partner, Gibson Dunn & Crutcher, former New
York federal prosecutor and liaison to the French Ministry of
Justice and OECD
“Biegelman & Bartow's book offers expert guidance to anyone
tasked with understanding and tackling fraud in the workplace. Their
straightforward approach informs the reader and provides a roadmap and
guidance for implementation of an effective fraud mechanism within any
organization - small or large. I plan to provide a copy of the book to
my Board of Directors and executive members of management.”
-Lisanne E. S. Cottington, Compliance Officer, Insight
Enterprises, Inc.
“This next edition is extremely timely. It covers key topics that any
management member needs to know in today's regulatory climate. These
authors have used their extensive corporate and government experience
to create a practical and easy to understand compliance guide. A
superb resource for any executive.”
-Karen Popp, Partner at Sidley Austin LLP and former federal
prosecutor and Associate Counsel to President Clinton
“With executives increasingly on the hot seat when corporate
compliance issues arise, clear guidance regarding risk areas and best
practices is invaluable. Executive Roadmap to Fraud Prevention and
Internal Control contains a timely combination of illustrative
stories and practice tips regarding hazards in this complex area. It
is a good resource for both corporate executives and the many
professionals assisting corporations to prevent or detect fraud and
build a culture of legal compliance.”
-Barb Dawson, partner with focus on internal investigations and
business litigation, Snell & Wilmer LLP
“Executive Roadmap to Fraud Prevention and Internal Control:
Creating a Culture of Compliance is a truly phenomenal book.
Martin Biegelman and Joel Bartow have accomplished an incredible
achievement: they have flawlessly bridged the chasm between the
theoretical/academic and practical/tangible. This is a volume that
should
not be on the bookshelf of every manager interested in
compliance and fraud prevention (which should be every manager); it
should be dog-eared and open on the
desktop of every such manager! Kudos to Messrs. Biegelman
and Bartow!”
-William J. Kresse, M. S., J. D., CPA, CFF, CFE; Associate
Professor, Graham School of Management; Director, Center for the
Study of Fraud and Corruption, Saint Xavier University, Chicago
“Biegelman and Bartow have again provided an invaluable resource for
leaders in the corporate world who have responsibility for fraud,
integrity, and compliance. They send a clear message that addressing
fraud is a two part process- establishing robust controls and
detection measures; and creating a culture of compliance and
integrity. This work provides a detailed tour through the world of
fraud controls while keeping the importance of culture at the forefront.”
-Ronald C. Petersen, Executive Director, Global Security, Ally Financial
“From the perspective of an ethics and compliance practitioner,
Martin Biegelman's and Joel Bartow's new offering is a Thanksgiving
feast. Too often, companies and organizations get caught up in the
moment, and don't stand back to examine the cultural, organizational
and historic reasons that fraud exists. Biegelman and Bartow plow that
road, and use their insights to offer invaluable tips in the design of
effective anti-fraud programs.”
-James D. Berg, Vice President, Chief Ethics and Compliance
Officer, Apollo Group Inc.
“Biegelman and Bartow have indeed produced a functional roadmap for
the executive to follow in fraud prevention and internal control. This
book is a great asset for those engaged in the seemingly endless
struggle to control fraud. A “must read” for the industry.
-Raymond L. Philo, MPA, Executive Director, Economic Crime
Institute, Utica College
“As if Executive Roadmap to Fraud Prevention and Internal
Control wasn't a powerful enough tool for fraud fighters, now
Biegelman and Bartow have added fresh insight and advice to the second
edition. With compelling updates on costly internal and external fraud
and corruption, together with easy-to-read descriptions of latest
fraud-fighting technologies, this is a must-read for fraud examiners,
auditors, attorneys and others-whether they've read the first edition
or not.
-Peter Goldmann, President, White-Collar Crime 101 LLC/FraudAware
“Fraud borders on the ubiquitous in contemporary corporate culture.
This book provides a rich and comprehensive guide to crafting a state
of the art fraud deterrence program. While the book is sure to better
equip corporate executives and directors in their fight against fraud,
I intend to draw heavily upon its content in educating accounting
students who represent the CEO's and CFO's of the future.”
-Ingrid E. Fisher, PhD, CPA, Associate Professor and Chair of the
Department of Accounting and Law, The University at Albany-SUNY
“The book's exploration of fraud theories ranging from “rotten apple”
to the “potato chip”
(can't eat just one!), provides useful
examination of the psychology of corporate fraud that explains its
recurring nature and offers clues to creating a fraud resistant culture.”
-Zachary W. Carter, Partner and head of the Trial Group, Dorsey
& Whitney LLP and former United States Attorney for the
Eastern District of New York
Martin T. Biegelman, CFE, CCEP, has been fighting fraud and
corruption for more than thirty-five years in various roles in law
enforcement, consulting, and the corporate sector. He is currently a
Director in the Global Investigations and Compliance Practice at
Navigant Consulting. He previously served as Director of Financial
Integrity at Microsoft Corporation.
Joel T. Bartow, CFE, CPP, is Operations Director for IntegriGuard,
LLC. Mr. Bartow has over twenty-five years of experience in fraud and
security investigations as an FBI Special Agent and in the private
sector, where he developed successful fraud prevention programs.
