Read more
Informationen zum Autor MICHAEL R. YOUNG is an internationally recognized expert on the causes and prevention of fraudulent financial reporting. He is the author of the Financial Reporting Handbook and Accounting Irregularities and Financial Fraud and has been recognized by Accounting Today as one of the top 100 most influential people in accounting. Young speaks throughout the country on financial reporting issues and has appeared on Fox Business, CNBC, CNN, and BNN (Canada). He lives in New York City and is a partner of Willkie Farr & Gallagher LLP where he chairs the firm's securities litigation and enforcement practice. Klappentext Step-by-step guidance for board members and executives on preventing and detecting accounting fraudIn the wake of highly publicized allegations of accounting irregularities and fraudulent financial reporting that are shaking up today's corporate community, Financial Fraud Prevention and Detection provides a step-by-step guide to how these crises can envelop a company and how to prevent them from happening in the first place. It is written for almost everyone involved: outside directors, audit committee members, senior executives, CFOs, CPAs, in-house lawyers, and outside law firms.* Provides a blueprint for Fraud Prevention and Detection for corporate executives* Presents step-by-step guidance to corporate boards and C-suite executives on managing the threat of accounting fraud* Prepares directors and executives for the possibility of accounting irregularities* Answers the question of how accounting fraud starts--and growsWith solid strategies for prevention of accounting fraud as well as a process to follow when fraud has been discovered, Financial Fraud Prevention and Detection vividly explores the corporate environment that causes fraud, how it spreads, the kind of crises it can create for a company, and the best ways to deal with it. Zusammenfassung Features step-by-step guidance for members and executives on preventing and detecting accounting fraud. This title presents guidance to corporate boards and C-suite executives on managing the threat of accounting fraud. It prepares directors and executives for the possibility of accounting irregularities. Inhaltsverzeichnis Preface ix Acknowledgments xi Table of Exhibits xiii PART I: ORIGIN Chapter 1: The Origin of Financial Fraud 3 Chapter 2: The Path to Corruption 19 PART II: PREVENTION Chapter 3: From Treadway to Sarbanes-Oxley 41 Chapter 4: The Sarbanes-Oxley Act 59 Chapter 5: The Audit Committee 81 Chapter 6: In the Crosshairs: The Chief Executive Of? cer 121 PART III: DETECTION Chapter 7: Detection and Its Aftermath 133 Chapter 8: Investigating Financial Fraud: Objectives and Approach 149 Chapter 9: Finding the False Numbers 161 Chapter 10: Getting a New Audit Report on the Financial Statements 175 Chapter 11: The Securities and Exchange Commission 203 Chapter 12: Criminal Investigations 223 Chapter 13: Class Action Lawsuits 245 PART IV: THE FUTURE Chapter 14: The Future of Financial Reporting 265 About the Author 279 Index 281 ...
