Financial Statement Fraud: Prevention and Detection

by Zabihollah Rezaee

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Product Description
High profile cases of financial statement fraud have been dominating the news recently, causing people to question the accuracy of the financial information made available by companies. This book covers the roles and responsibilities associated with preventing and detecting financial statement fraud, including current developments and professional activities intended to reduce the occurrences of fraudulent financial reporting. It discusses the failures involved in the Enron collapse and includes a Forward by Joseph T. Wells from the Association of Certified Fraud Examiners. This books provides an invaluable context for understanding financial statement fraud.

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Average Customer Review: 5 out of 5 stars

6 of 7 people found the following review helpful:

5 out of 5 stars

Important work on a very timely subject, 2002-03-12
This book is a must-read for anybody involved in financial reporting, including investors who are putting their savings at risk. It breaks down financial statement fraud, how it occurs, and how it can and should be prevented or detected in the corporate hierarchy (auditor's role, audit committee's role, management's role, etc.) It is extremeley relevant, especially in light of the Enron situation, well organized, and comprehensive. The Foreword by Joseph Wells makes a powerful argument on how pervasive a problem financial statement has become and speaks to this book's importance as part of the solution.

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