financial statement fraud

• The relationship between audit firm tenure and probability of financial statement fraud.

1. INTRODUCTION In recent years, several high-profile financial scandals involving Enron, Global Crossing, WorldCom and other major U.S. corporation...

• Journal of Academy of Business and Economics
• Vol. 9 Nbr. 4, April 2009

• Recognizing Financial Statement Fraud Red Flags.

"As originally published in Expert Perspective, a Crowe Chizek and Company LLC publication, Summer 2006. All rights reserved." Financial statement f...

• Mondaq Business Briefing
• Nbr. 2008, March 2008

• Recognizing Financial Statement Fraud Red Flags

"As originally published in Expert Perspective, a Crowe Chizek and Company LLC publication, Summer 2006. All rights reserved." Financial...

• Mondaq Business Briefing
• United States Law Articles in English

• How Divergent Are Pedagogical Views Toward the Fraud/Forensic Accounting Curriculum?

To evaluate the content covered in fraud/forensic accounting courses, a sample of 111 faculty members who were identified as teaching fraud/forensic accounting courses at four-year universities was selected. The content having the highest degree of interest to the survey respondents is related to the fraud examination areas and not the wider-ranging forensic accounting topics. The fraud/forensic curriculum is being defined as fraud examination. Even those instructors who teach in the "forensic" accounting area cover topics more closely related to fraud examination than forensics. The implications are that fraud and forensics accounting courses are not two distinct areas of accounting pedagogy. From this perspective, it means that areas beyond financial statement fraud such as digital in...

• Global Perspectives on Accounting Education
• Nbr. 6, January 2009

• Deloitte Webcast Poll: Majority of Business Professionals Expect More Financial Statement Fraud to Be Uncovered in 2010, 2011 Compared to the Last Three Years ; Financial Services Industry Expected to Have the Greatest Percentage Increase in Financial Statement Fraud Alleged by the Sec During 2010 Compared to 2009

NEW YORK, April 27 /PRNewswire/ -- More than half of approximately 2,100 business professionals (56 percent) surveyed during a Deloitte webcast about reducing fraud risks think more financial statement fraud will be uncovered this year and in 2011, as compared to the last three years. Almost half of those surveyed, 46 percent, point to the recession as the reason more financial statement fraud will be uncovered. Moreover, it's getting harder to assess financial statement fraud risks because of changes in the risk environment, according to 45 percent of survey respondents while only 11 percent of respondents believe the task is getting easier.

• U.S. Newswire
• April 27, 2010

• Whirlwind of deception: one CFO, presented with pressure and opportunity, involves himself and others in a financial statement fraud that bankrupts a company.

ROBERT DOUGLAS, THE CHIEF FINANcial officer (CFO) of Wind Power Systems (WPS), was very worried. A meticulous accountant, Douglas had built a long and...

• Internal Auditor
• Vol. 66 Nbr. 2, April 2009

• Detecting financial statement fraud.

Heighten your awareness with this briefing on the motives for and types of financial statement fraud, and apply the array of detection and prevention ...

• Directors & Boards
• Vol. 22 Nbr. 4, June 1998

• 'Why ask?' you ask.

Financial statement fraud

• Journal of Accountancy
• Vol. 192 Nbr. 3, September 2001

• Selecting the right investigative resource: when does an allegation of financial statement fraud call for an in-house investigation, and when is hiring outside experts prudent?

EXECUTIVE SUMMARY * A financial fraud allegation demands an appropriate and timely response, The process includes knowing how to assess the allegati...

• Journal of Accountancy
• Vol. 208 Nbr. 6, December 2009

• Beyond Compliance

Enterprise risk management (ERM) has matured over the past few years and has evolved from a number of other risk management-related applications. One of the most obvious was an outgrowth of the Sarbanes-Oxley Act of 2002 (SOX). This legislation was passed on the heels of numerous financial reporting shortcomings from US corporations. The legislation was a direct result of a number of financial statement fraud issues that had rapidly spread throughout the US Among others, these fraudulent financial statements included high visibility losses from firms such as Enron, WorldCom, Global Crossing and too many others to count. Even today, some corporations still fail to see that ERM is the next step in the evolution toward proactively managing risks. The effects of moving to an ERM mentality h...

• Rough Notes
• Vol. 153 Nbr. 10, October 2010