book

Detecting Accounting Fraud Before It's Too Late

April 2019

Beginner

208 pages

4h 46m

English

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ACKNOWLEDGMENTS
1.1 FRAUD AND ITS EFFECTS1.2 MODIFYING COMPANIES' FINANCIAL INFORMATION1.3 CALLING THINGS BY THEIR NAME: FROM CREATIVE ACCOUNTING TO BIG BATHSREFERENCES
2.1 THE FIRST ACCOUNTING FRAUDS2.2 ACCOUNTING FRAUDS CONTINUE WITH THE DOUBLE ENTRY2.3 THE CRASH OF 1929 AND THE OBLIGATION TO AUDIT ACCOUNTS2.4 REINFORCEMENT OF THE COMMERCIAL LAW AND AUDITING AFTER THE STRING OF SCANDALS OF 20002.5 WITH THE CRISIS OF 2008, HISTORY REPEATS ITSELFREFERENCES
3.1 HOW FINANCIAL INFORMATION IS GENERATED3.2 AUDITING OF ACCOUNTS: ESSENTIAL, BUT NOT INFALLIBLE3.3 ANALYSTS AND RATING AGENCIES3.4 REGULATORS AND THE LIMITATIONS OF ACCOUNTING REGULATIONS3.5 ROLE OF THE MEDIAREFERENCES
4.1 MOTIVATION, OPPORTUNITY, AND RATIONALIZATION4.2 THE DOOR TO FRAUDREFERENCES
5.1 ALTERNATIVES, ESTIMATIONS, AND LEGAL GAPS5.2 MAIN LEGAL MANIPULATIONS5.3 IMPACT OF LEGAL MANIPULATIONS IN THE ACCOUNTSREFERENCES
6.1 ACCOUNTING CRIME6.2 HOW ILLEGAL MANIPULATIONS ARE DONE6.3 OPERATIONS THROUGH TAX HAVENS6.4 MAIN ILLEGAL MANIPULATIONS6.5 MAIN ITEMS AFFECTED BY ACCOUNTING FRAUDSREFERENCES
7.1 THE ETHICAL DIMENSIONS OF ACCOUNTING FRAUD7.2 ECONOMIC CONSEQUENCES OF ACCOUNTING FRAUD7.3 CONSEQUENCES TO MANAGERS AND COMPANIES THAT MANIPULATE ACCOUNTS7.4 WHAT TO DO WHEN A COMPANY DETERIORATESREFERENCES

8.1 MOMENTS THE WARNING SIGNS OCCUR8.2 WARNING SIGNS BEFORE FRAUD OCCURS8.3 WARNING SIGNS AFTER THE FRAUD OCCURS8.4 LANGUAGE OF FRAUDSTERS8.5 SUCCESSFUL BUSINESSMEN WHO END UP IN JAILREFERENCES
9.1 WARNING SIGNS BEFORE A FRAUD OCCURS9.2 WARNING SIGNS AFTER A FRAUD OCCURS9.3 WARNING SIGNS BASED ON NONFINANCIAL INDICATORSREFERENCES
10.1 AUDITING OF ACCOUNTS10.2 BALANCE SHEET10.3 INCOME STATEMENT10.4 CASH FLOW STATEMENT10.5 STATEMENT OF CHANGES IN EQUITY10.6 NOTES10.7 RATIOS THAT ANTICIPATE FRAUDS10.8 VARIATIONS IN ACCOUNTS THAT WARN OF FRAUDS ALREADY PRODUCED10.9 RATIOS THAT WARN OF FRAUDS ALREADY PRODUCED10.10 SYNTHETIC INDEX TO DETECT MANIPULATING COMPANIESREFERENCES
11.1 REINFORCE VALUES AND INSTITUTE ETHICAL CODES11.2 IMPROVE CONTROL SYSTEMS IN ORGANIZATIONS11.3 IMPROVE REGULATION11.4 REINFORCE SUPERVISION11.5 REINFORCE THE SANCTIONING REGIME11.6 THE CHALLENGE OF PROVIDING RELEVANT INFORMATION FOR DECISION-MAKINGREFERENCESNOTE
A1.1 INTRODUCTIONA1.2 TYPIFIED CONDUCTSA1.3 CRIMES ATTRIBUTABLE TO LEGAL ENTITIESA1.4 ORGANIZATION AND MANAGEMENT MODELSA1.5 MODELS OF PREVENTION AND CONTROLREFERENCESNOTE
A2.1 OBJECTIVEA2.2 CONCLUSION

List of Companies Mentioned in the Book and Section in which They Appear

Adelphi Pharmaceuticals	4.2
Afinsa	10.1
AM Best	3.3
Amazon	6.3
Anicom, Inc.	9.3
Apple	6.3
Arthur Andersen	3.2
Banesto	8.5
Bank of America	8.5
Bar Chris Construction Corporation	2.3
Bausch & Lomb	9.1
BNP Paribas	3.3
Bompreço	4.2
City of Glasgow Bank	3.2
Citigroup	2.4
Clasificadora de Riesgo Humphreys	3.3
Coca-Cola	1.2
Colonial Bank	6.2
Companhia Portuguesa de Rating	3.3
Compañía Holandesa de las Indias Orientales	2.2
Credit Suisse	2.4
Del Global Technologies	9.3
Deloitte Touche	4.2
Dental International	8.3
Dental Finance	8.3
Deutsche Bank	11.2
Disco	4.2
Dominion Bond Rating Service	3.3
Durex	6.2
eBay	6.3
Enron	2.4, 3.2, 3.3, 4.2, 8.3, 8.5, 10.8
Fannie Mae	6.1
Facebook	6.3
Fischer Imaging Corp.	9.3
First Boston	2.4
Fitch	3.3
Forum Filatélico	10.1
Freddie Mac	6.1
General Mills	4.2
Girard Company	4.2
Global Crossing	2.4
Google	6.3
Goldman Sachs	10.9
Grand Tibidabo	8.5
Graybar Electric Company Inc.	9.3
Grupo Wright	6.2
Grupo Marsans	8.4
ICA	4.2
JPMorgan Chase	2.4
Japan Credit Rating Agency	3.3
Kingston Cotton Mills Co.	3.2
KPMG	6.5, 7.4
La Polar	10.9
Lehman Brothers	2.5, 3.3, 5.1, 8.2, 8.5
Lernout & Hauspie Speech Products	10.9
London and Globe Company	6.2
Madoff	9.1
Matesa	8.5
McKesson & Robbins	2.3, 4.2
Medco	4.1
Merck	4.1
Merrill Lynch	2.4, 3.3
Metro de Madrid	5.1
Microsoft	6.3, ...