Fraud in financial statements / Julie E. Margret and Geoffrey Peck.

Author/creator Margret, Julie E., 1950-
Other author Peck, Geoffrey.
Format Electronic
PublicationNew York : Routledge, 2015.
Copyright Date©2015
Description1 online resource (145 pages) : illustrations, maps.
Supplemental ContentProQuest Ebook Central
Subjects

SeriesRoutledge studies in accounting ; 16
Routledge studies in accounting 16. ^A518695
Contents 1. Management and fraud -- 2. Stakeholders, governance, and corporate culture -- 3. Quality in financial statements -- 4. Fundamental elements: assets, revenue, and expenses -- 5. Financial obligations : liabilities -- 6. Phoenix activity : companies in crisis -- 7. Fraud and the phoenix rising.
Abstract "As the monetary cost of fraud escalates globally, and the ensuing confidence in financial markets deteriorates, the international demand for quality in financial statements intensifies. But what constitutes quality in financial statements? This book examines financial statement fraud, a topical and increasingly challenging area for financial accounting, business, and the law. Evidence shows that accounting anomalies in an organization's financial statements diminish the quality and serviceability of financial information. However, an anomaly does not necessarily signal fraud. Financial statement fraud is intended to mislead shareholders and other stakeholders. In this book, elements that underpin diversity of accounting anomalies likely found in fraudulent financial accounting statements are revealed. Multiple research methods are used in the analysis of selected international fraud cases, each illustrating examples of financial statement fraud, including: revenue recognition, overstatement and/or misappropriation of assets, understatement of expenses and liabilities, disclosure fraud, bribery and corruption. Additionally, the phoenix phenomenon with regard to fraud in financial accounting is investigated. Drawing on documented observations of commercial and legal cases globally this study highlights the necessity for continued development of financial audit practices and other audit services"-- Provided by publisher.
Bibliography noteIncludes bibliographical references and index.
Source of descriptionOnline resource; title from PDF title page (EBSCO, viewed December 10, 2014).
Genre/formElectronic books.
ISBN9781317804369 (electronic bk.)
ISBN1317804368 (electronic bk.)
ISBN9781315814391
ISBN1315814390
ISBN0415742706
ISBN9780415742702
Stock number1873835 Proquest Ebook Central

Availability

Library Location Call Number Status Item Actions
Electronic Resources Access Content Online ✔ Available