FRAUD EXAMINATION CHECKLIST

Case Name: Case No.:

YES NO
1. Fully debriefed all informants and witnesses?

2. Documented the allegation in writing?

3. Established initial predication?

4. Identified all possible schemes or indicators of fraud?

5. Developed fraud theory?

6. Notified legal counsel and discussed whether to proceed?

7. Obtained, recorded, and filed all pertinent information and documents in

the files?

8. Determined the potential loss?

9. Identified potential witnesses?

10. Determined if an error or mistake was made?

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 FRAUD EXAMINATION CHECKLIST

Case Name: Case No.:

YES NO
11. Reviewed internal controls?

12. Developed an investigative plan?

13. Determined the type of evidence needed to pursue?

14. Identified indicators showing intent?

15. Reviewed payroll records and canceled checks?

– Identified all bank accounts?

– Identified number of exemptions?

– Identified who might be endorsing checks?

16. Reviewed personal expense reports?

– Identified unusually high expenses?

– Identified credit card used?

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 FRAUD EXAMINATION CHECKLIST

Case Name: Case No.:

YES NO
– Identified where suspect entertains clients?

– Identified duplicate submissions?

17. Performed background/asset check?

– Driver’s license violations?

– Motor vehicle registration records?

– Regulatory licenses?

– Vital statistics?

– Building permits?

– Business filings?

 Fictitious names indices?

 Business licenses?

 Corporate records?

 Limited partnerships?

 Filings with securities commission(s)?

© 2018 Association of Certified Fraud Examiners, Inc. All rights reserved.

 FRAUD EXAMINATION CHECKLIST

Case Name: Case No.:

YES NO
– Local and state/provincial records?

 Criminal?

 Civil?

 Domestic?

 Probate?

 Real estate?

– Central/federal court filings?

 Criminal?

 Civil?

 Bankruptcy?

– Consumer credit records?

– Business reporting services?

18. Determined who should be interviewed?

© 2018 Association of Certified Fraud Examiners, Inc. All rights reserved.

 FRAUD EXAMINATION CHECKLIST

Case Name: Case No.:

YES NO
19. Developed interview approach?

20. Performed financial analysis?

– Vertical analysis?

– Horizontal analysis?

– Ratio analysis?

– Industry analysis?

– Net-worth analysis?

21. Will an undercover operation be used?

– Plan developed?

– Approval received?

– Operation completed?

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 FRAUD EXAMINATION CHECKLIST

Case Name: Case No.:

YES NO
22. Will surveillance be used?

– Plan developed?

– Personnel set up?

– Surveillance curtailed?

23. Developed other informants?

24. Used mail covers?

25. Performed link analysis?

26. Identified computers that might be linked to investigation?

– Identify expertise needed?

– Data downloaded?

– Data printed?

© 2018 Association of Certified Fraud Examiners, Inc. All rights reserved.

 FRAUD EXAMINATION CHECKLIST

Case Name: Case No.:

YES NO
27. Performed forensic document analysis?

– Handwriting?

– Reviewed altered documents?

– Ink analysis?

– Document restoration?

28. Interviews conducted?

– Interviews documented?

– Signed statements received?

– Identified other witnesses to interview?

– Interviewee knows how to get in touch with one or more investigation

personnel?

29. Completed documentation and reported to management?

© 2018 Association of Certified Fraud Examiners, Inc. All rights reserved.

 FRAUD EXAMINATION CHECKLIST

Case Name: Case No.:

YES NO
30. Employee(s) terminated?

– Received identification badge or deleted from system?

– Notified security to deny access to corporate premises?

– Personal belongings identified and arrangements made for employee

to collect?

31. Report written?

– Background?

– Executive summary?

– Scope?

– Approach?

– Findings?

– Pertinent correspondence?

– Documentation of interviews?

– Pertinent evidence included?

– Report approved by supervisor?

© 2018 Association of Certified Fraud Examiners, Inc. All rights reserved.

 FRAUD EXAMINATION CHECKLIST

Case Name: Case No.:

YES NO
32. Appointment made with law enforcement agency?

33. Follow-up contact made with investigators?

© 2018 Association of Certified Fraud Examiners, Inc. All rights reserved.

 FRAUD EXAMINATION CHECKLIST

Case Name: Case No.:

Documents To Be Examined To Do Date Received

ACCOUNTING RECORDS
Balance sheet
Income statement
Statement of cash flows
Bank statement
Expense account
Computer password
Other: ______________________________
__________________________________________
Date of employment
Signed ethics agreement (conflict of interest statement)
Current address
Prior addresses
Spouse’s name
Maiden name
Children’s names
Prior employment
Prior supervisor
Insurance information (covered dependents)
Employee evaluation (performance reviews)
Garnishments
Vacation/holiday schedule
Other: ______________________________
___________________________________

PERSONAL RECORDS
Bank statements
Tax returns
Insurance policies
Mortgage records
Credit card statements

© 2018 Association of Certified Fraud Examiners, Inc. All rights reserved.

 FRAUD EXAMINATION CHECKLIST

Case Name: Case No.:

Documents To Be Examined To Do Date Received

Telephone records
Other business records
Investments
Vehicle information
Diaries (calendars)

PUBLIC RECORDS—PERSONAL
Civil filings

Criminal filings

Property tax records

By name
By address
Tax liens
Financing
Other: ____________________________________
__________________________________________
Judgments
Garnishments
Domestic-relations records
Divorce
Property settlement
Financial statements
Tax returns
Depositions
Bankruptcy filings
Financial statements
Bank statements

© 2018 Association of Certified Fraud Examiners, Inc. All rights reserved.

 FRAUD EXAMINATION CHECKLIST

Case Name: Case No.:

Documents To Be Examined To Do Date Received

Property ownership
Education verification
University/college
Professional licenses
Corporate records
Company name
Individual (incorporators)
Assumed name index

Vehicles owned
Lienholder

Boats owned
Lienholder

Aircraft owned
Lienholder

PUBLIC RECORDS—BUSINESS
Utility records
Commercial filings (e.g., UCC filings)
Tax receipts
Tax liens
Who actually pays the taxes?
Post office box application
Civil filings
Assumed-name index
Corporate charter (bylaws)
Business credit history

Dun & Bradstreet

Better Business Bureau (or equivalent authority)

© 2018 Association of Certified Fraud Examiners, Inc. All rights reserved.

 FRAUD EXAMINATION CHECKLIST

Case Name: Case No.:

Documents To Be Examined To Do Date Received

Other:______________________________
______________________________
______________________________
______________________________
______________________________
______________________________
________________________________________

______________________________
______________________________
______________________________
______________________________
______________________________

© 2018 Association of Certified Fraud Examiners, Inc. All rights reserved.

 FRAUD EXAMINATION CHECKLIST

Case Name: Case No.:

Neutral Witnesses:
Date Interview Report
Name Phone Contacted Completed Date

© 2018 Association of Certified Fraud Examiners, Inc. All rights reserved.

 FRAUD EXAMINATION CHECKLIST

Case Name: Case No.:

Adverse Witnesses:
Date Interview Report
Name Phone Contacted Completed Date

© 2018 Association of Certified Fraud Examiners, Inc. All rights reserved.

 FRAUD EXAMINATION CHECKLIST

Case Name: Case No.:

Co-conspirators:
Date Interview Report
Name Phone Contacted Completed Date

© 2018 Association of Certified Fraud Examiners, Inc. All rights reserved.

 FRAUD EXAMINATION CHECKLIST

Case Name: Case No.:

Suspects:
Date Interview Report
Name Phone Contacted Completed Date

© 2018 Association of Certified Fraud Examiners, Inc. All rights reserved.