Fraud Analytics: Strategies and Methods for Detection and Prevention
| Author | : | |
| Rating | : | 4.25 (955 Votes) |
| Asin | : | 111823068X |
| Format Type | : | paperback |
| Number of Pages | : | 176 Pages |
| Publish Date | : | 2017-10-03 |
| Language | : | English |
DESCRIPTION:
This valuable resource reviews the types of analysis that should be considered prior to beginning an investigation and explains how to optimally use data mining techniques to detect fraud. Proven guidance for expertly using analytics in fraud examinations, financial analysis, auditing and fraud preventionFraud Analytics thoroughly reveals the elements of analysis that are used in today's fraud examinations, fraud investigations, and financial crime investigations. Packed with examples and sample cases illustrating pertinent concepts in practice, this book also explores the two major data analytics providers: ACL and IDEA.Looks at elements of analysis used in today's fraud examinationsReveals how to use data mining (fraud analytic) techniques to detect fraudExamines ACL and IDEA as indispensable tools for fraud detectionIncludes an abundance of sample cases and examplesWritten by Delena D Spann, Board of Regent (Emeritus) for the Association of Certified Fraud Examine
Spann equips you—whether you are an auditor, investigator, analyst, or accountant—with new ways of conducting fraud analysis that will broaden your ability to try new and diverse tools.With case studies in each chapter and methods for identifying specific areas of fraud risk and fraudulent activities, this timely book covers:The schematics of fraud and fraud analyticsThe evolution of fraud analyticsThe analytical processUsing ACL analytics in the face of ExcelFraud analytics versus predictive analyticsDetecting fraud with IDEA data analysis softwareCentrifuge analytics—is big data enough?i2 analyst notebook and fraud analyticsNew trends in fraud analytics and toolsDon't wait to respond to fraud after the fact. Author and renowned fraud analysis expert Delena D. Read Fraud A
"The Power of Fraud Analytics" according to Zoe Ledemi. If you're looking for a book that provides great detail on the implementation of algorithms, scripts and data calculations this may not be your source of reference. However, the author does provide a great overview as it relates to enhancing the readers knowledge of the various fraud tools and how they each correlate with the aspect of fraud analysis and detection. Without specifically endorsing any of the fraud analytic tools mentioned it was well worth the read.. Read this review! TX Reader 2 I received my copy of Delena Spann's 'Fraud Analytics' two days ago and poured through it very quickly. The book is very well-written and explores - in plain English - the technical side of the subject. You needn't be a geek, however, to benefit from reading it. It's truly written for a broad audience.Delena uses very clear explanations and interesting case studies along the way. If you are in the business of preventing, detecting, and investigating financial crimes, this is a MUST-READ book. Highly recommended!Doug WoodEditor, []. Good Introduction into Fraud Analytics Tools and Techniques! Fraud Analytics presents an effective approach to fraud detection that discovers unusual patterns, identifies masses of red flags, and aligns trends.The author is a recognized fraud analysis expert and she leverages her experience to share with readers her approach to detecting fraud. The book provides an introduction to the topic by looking at the schematics of fraud, the evolution of fraud analytics and the analytical process. She then covers using ACL Analytics and CaseWare Analytics (IDEA) two of the most popular tools for condu
She is Board of Regent (Emeritus), an Advisory Board Member, and Higher Education Committee Member of the Association of Certified Fraud Examiners; a Board of Director of ASIS International Economic Crime Council; Education Task Force Member of the Association of Certified Anti-Money Laundering Specialists; Advisory Board Member at Robert Morris University; Executive Director of the