CHAPTER 3
Role of Forensic Accountants in Corporate Governance and in Detecting and Preventing Fraud
Executive Summary
Forensic accountants work with various corporate governance participants including the board of directors, management, auditors, legal counsel, and law enforcement officials. Corporate governance plays an important role in improving the reliability, integrity, and quality of financial reports and ensuring that they are free from material misstatements whether caused by error or fraud. Financial scandals at the turn of the twenty-first century (e.g., Enron, WorldCom, and Global Crossing, among others) and the 2007 to 2009 global financial crisis suggest existence and persistence of financial statement fraud (FSF) and beg the questions ...
Get Forensic Accounting and Financial Statement Fraud, Volume II now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
