Need help:

REVIEW QUESTIONS

15-1 What are some of the reasons a fraud examination should be commenced?

15-2 Who are some of the professionals who should be included on a typical fraud examination team?

15-3 Under what circumstances might the fraud examination team include outside consultants?

15-4 What is evidence? What types of things can be considered evidence?

15-5 What are some of examples of evidence-gathering techniques that might be utilized in a fraud examination?

15-6 When handling documentary evidence, what types of precautions should a fraud examiner take?

15-7 What types of information can be obtained by examining internal documentation?

15-8 What are three characteristics/objectives of a good investigation report?

15-9 What are five sections that should be included in a standard investigation report? What information is found in each of these sections?

DISCUSSION ISSUES

15-1 Who should be responsible for directing an internal fraud investigation? Why?

15-2 How can computers and technology help in investigating a fraud? What kinds of challenges can the involvement of technology present to a case?

15-3 Jim Block, CFE, is investigating Randy Smith for his role in a potential kickback scheme. Gathering evidence about Randy's financial activity has been difficult. While on a stakeout at Randy's home, Jim sees Randy's wife take out the garbage and place it on the curb. Jim steals the trash bag, sorts through its contents, and discovers multiple bank statements that provide details about some of Randy's illicit financial transactions. Is Jim's acquirement of the bank statements legal even though there was no search warrant?

15-4 What are some considerations a fraud examiner should keep in mind when organizing documentary evidence? Which method of evidence organization is preferred?

15-5 An investigator is looking for information about some vacant land that may be owned by a suspect in a fraud case. What source or sources of public records would be a good place to find this information?

15-6 When reporting the results of an investigation, why is it important that fraud examiners not express opinions in their professional report?