Accounting Fraud, 2nd Edition

 

 

Index

AAA-rated securities, 11

Acceptable accounting, 7

Accounting

acceptable, 7

definition of, 1

industrial, 2–3

manipulation, 7–9, 61

role of, 1–3

scandals. See Accounting scandals

sophistication, 1

standards, 72–74

Accounting manipulation, 7–9, 61

Accounting Principles Board, 3

Accounting Research Bulletins (ARBs), 74

Accounting scandals

accounting manipulation, 7–9

auditing, 5–7

big scandals, 13–18

19th-century scandals, 13–15

20th-century scandals, 15–17

21st-century scandals, 17–18

cheaters, finding, 12–13

cheating by companies, 9–13

earnings management continuum examples, 9

economics of bad behavior, 18–30

choice and decision-making, 26–28

duty of loyalty, 21–22

extreme cases of bad behavior, 22–23

human biases, summary of, 25–26