Accounting Fraud by Gary Giroux
Scandals relating to manipulation and fraud have dominated much of the history of business and the accounting profession in America since it's found ing. Crooks, corruption, scandals, and panics have been regular features of the business landscape, with regulations and the expansion of financial dis closure, auditing, and regulatory agencies following major debacles. Prior to the creation of the Securities and Ex change Commission (SEC) in the 1930s and the de velopment of generally accepted accounting prin ciples (GAP), few accounting rules existed and it is difficult to identify accounting scandals. Beginning with the New Deal of the 1930s, regulations of financial markets (including the SEC); the creation of generally accepted accounting principles (GAP) and organizations to improve and keep GAP current (now in the hands of the Financial Accounting Standards Board); and auditing (currently under the Public Company Accounting Oversight Board) improved accounting and audit practices and financial disclosures. Despite these efforts, accounting frauds continue-many in new and innovative ways. This book brings to light the importance of incen tive structures of key players, consideration of economic and psychological perspectives on behavior, and the need for increasingly ef fective regulation, which become more obvious by considering decades of abuse. Executive compensa tion, pensions, market values, special purpose entities, and deriva tives continue to be problematic accounting issues as they have for decades. Inside, you'll get exposure to financial disclosure issues and other accounting risks, plus additional knowledge of accounting fraud and risk areas.
Gary Giroux is professor emeritus (formerly Shelton Professor of Accounting) at Texas A&M University, USA.
| SKU | Unavailable |
| ISBN 13 | 9781947098749 |
| ISBN 10 | 1947098748 |
| Title | Accounting Fraud |
| Author | Gary Giroux |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Business Expert Press |
| Year published | 2017-12-30 |
| Number of pages | 214 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |