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Informationen zum Autor Michael Jones, MA Oxon, is Professor of Financial Reporting at Bristol University. He has taught accounting for 33 years at all levels from GCSE to final-year degree course, and has published over 140 articles in professional and academic journals, covering a wide range of topics including financial accounting, the history of accounting and international accounting.He is joint editor of the British Accounting Review and serves on two more editorial boards. He is Director of the Financial Reporting and Business Communication Unit and he chairs the British Accounting Association Financial and Reporting Special Interest Group. He has served on the British Accounting Association Committeeand on the Committee for Professors of Accounting and Finance. He is also the author of three textbooks: Accounting, Financial Accounting and Management Accounting. Klappentext From the South Sea Bubble to Enron and Parmalat, business scandals have a long and varied history which continues into the present day. As accounting is central to the success or failure of any business, so creative accounting has always played a key role in these scandals, reflecting the extremes of how numbers can be manipulated to deceive or even defraud.Creative Accounting, Fraud and International Accounting Scandals explores the role of accounting, particularly creative accounting and fraud in business scandals from around the world. It features a collection of 13 chapters by international authors, which detail accounting fraud and scandals in both developed and developing economies including Australia, China, Germany, Greece, India, Italy, Japan, the Netherlands, Spain, Sweden the UK and US.To enhance the international perspective even further, a series of case studies, contributed by accounting experts, is also included.This unique, global perspective on accounting scandals provides the background for discussion on the role of powerful individuals, the motives and methods of management who are complicit in these scandals and the failures of internal control and external auditing, as well as the long term impact of business scandals on the regulatory environment.One of the few books on this subject, its accessible treatment of this relevant topic is fascinating reading for a wide audience. It also provides a highly useful reference for professional accountants and business people worldwide and students taking courses in forensic accounting and fraud, as well as providing more general background for most accounting courses. Zusammenfassung Business scandals are always with us from the South Sea Bubble to Enron and Parmalat. As accounting forms a central element of any business success or failure, the role of accounting is crucial in understanding business scandals. This book aims to explore the role of accounting, particularly creative accounting and fraud, in business scandals. Inhaltsverzeichnis List of Contributors xvii Preface xxiii Acknowledgements xxv Part A 1 1 Introduction - Setting the Scene 3 Michael Jones 1.1 Introduction 3 1.2 Exploring the Terms 4 1.2.1 Creative Accounting 4 1.2.2 Fraud 7 1.2.3 Other Terms 9 1.3 Structure of the Book 11 1.3.1 Increase Income 12 1.3.2 Decrease Expenses 12 1.3.3 Increase Assets 12 1.3.4 Decrease Liabilities 12 1.4 Conclusion 18 2 The Creative Accounting and Fraud Environment 21 Michael Jones 2.1 Introduction 21 2.2 The Main Actors 22 2.2.1 Managers 22 2.2.2 Investment Analysts 24 2.2.3 Regulators 24 2.2.4 Auditors 25 2.2.5 Shareholders 26 2.2.6 Merchant Banks 26 2.2.7 Other Users 27 2.2.8 Legal Authorities 27 2.3 Effective Corporate Governance 28 2.3.1 Effective Internal Controls 28 2.3.2 Division o...
