ACFE UK Fraud Manual – it’s here!

The UK Chapter of the Association of Certified Fraud Examiners recently launched the three-volume UK version of the US ACFE Fraud Manual. UK Chairman and Managing Director Colin Grimes described the UK edition as a complete revision, rewritten by leading experts and fully incorporating the changes wrought in the UK legal system by the Woolf reforms. Volume 1 – “Financial Transactions and Fraud Schemes” by Dr Paul Barnes of the University of Nottingham School of Management & Finance uses flow charts and up-to-date examples to provide a comprehensive overview of white collar crime activities as well as practical advice and guidance of prevention and detection. The second volume focuses on “The Law”; it was written by Stephen Philippsohn of Philippsohn Crawfords Berwald and specifies in detail the legal framework governing fraud proceedings in the UK. It includes the full text of “Civil Procedure Rules, Practice Directions and Pre-Action Protocols/Practice Directions and Forms”. Volume 3 – “Investigation, Criminology and Ethics”, compiled by Deloitte & Touche, offers practical advice on investigation methods; it also covers the latest theories of criminology and suggests an ethical framework that the fraud examiner may adopt.