Average Reviews:
(More customer reviews)As a project manager, I was very interested to read this book. The consequences of unchecked fraudulent activity in the public and private sectors does more than affect the "bottom line." It erodes public confidence in the ability of managers to protect the assets assigned to their care.
Within organizations, fraud robs employees of the resources they need to fulfill their obligations. This book gives project managers, auditors, and fraud investigators a "blueprint" for taking effective collaborative action to both uncover and prevent fraud during the life of projects. Since so much business activity is project-based, it's a wonder we had to wait so long for it.
The book's organization makes it easy to follow the argument that fraud can be dealt with effectively. The Preface clearly states the purpose of the book. Each chapter is divided by important topics within. This is accurately reflected in the table of contents. Each chapter is also neatly summarized at the end. It has a helpful index at the back of the book as well.
The Appendices are helpful, too. They supplement the text by providing a "List of Sarbanes-Oxley Act Sections," "Decision Tree for Software Development Projects," and "Project Fraud Management Policy Template."
The authors have the necessary professional credentials and the extensive experience needed to synthesize the subject matter. They have the all-important credibility to support their contentions.
I thought the book brought together the best of project management and financial auditing to offer concerned professionals a "roadmap" to more control. It provides checklists and guidelines that enable project managers and internal auditors to work together.
The book should, of course, appeal to the above-mentioned professionals. It should also be read and understood by top-level corporate managers who want to make use of available professional skills to effectively fight fraud.
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Product Description:
If your organization does not have project fraud and project investment reporting controls in operation, you face the real risk of hefty fines and possible jail time for executives under the Sarbanes-Oxley federal law. Essential Project Investment Governance and Reporting introduces proactive best methods for ensuring proper financial reporting of project investments and techniques for preventing, detecting, and managing the risks of fraud in projects that will ensure corporate governance compliance with Sarbanes-Oxley. It shows you how to manage project fraud through the PMO and internal auditing units while enabling overall improvement of corporate governance.
No other publication summarizes the essential U.S. financial reporting concepts on project investments in such an easily accessible manner. Whether you work in a privately held company, a non-profit, or operate within some level of the government, you will be expected to comply with these requirements because your customers will demand it. This book is a must-read for project managers and accountants in all types of firms.
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