✦ LIBER ✦

Financial Reporting Fraud: Could It Happen to You?

✍ Scribed by Mark S. Beasley; Joseph V. Carcello; Dana R. Hermanson

Publisher: John Wiley and Sons
Year: 2001
Tongue: English
Weight: 77 KB
Volume: 12
Category: Article
ISSN: 1044-8136
DOI: 10.1002/jcaf.2402

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

You think it can't happen to you. But so did more than 200 companies, slammed hard by the SEC for reporting fraud. Almost immediately, company stock prices plummeted—followed by shareholder lawsuits, bankruptcy, civil fines, and even jail time for some execs. However, say the authors, those companies could have saved themselves—by focusing on four key areas. Here are some clear “dos” and “don'ts” you can't afford to ignore. © 2001 John Wiley & Sons, Inc.

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