Accounting: Corporate Fraud

"Essential guidance for creation of an effective fraud audit program in core business systems. The Association of Certified Fraud Examiners has reported that U.S. businesses lose up to $4 billion annually due to fraud and abuse. Discover fraud within your business before yours becomes another business fraud statistic. Fraud in the Core Business Systems provides a proven fraud methodology that allows auditors to discover fraud versus investigating it. Explains how to create a fraud audit program. Shows auditors how to locate fraud through the use of data mining. Focuses on a proven methodology that has actually detected fraudulent transactions. Take a look inside for essential guidance for fraud discovery within specific corporate F & A functions, such as disbursement, procurement, payroll, revenue misstatement, inventory, journal entries, and management override."--

Learn about the Enron scandals.

From innovation to reckless gambling -- The impact of perverse incentives -- The evolving culture of deceit -- Ethical drift -- The directors' failure -- Collusion of financial intermediaries -- Enron and the public watchdogs -- Strengthening board oversight -- Avoiding perverse financial incentives -- Instilling ethical discipline.

Description: The job fair -- John Henry Kirby and the roots of Enron -- Buy or be bought -- The merger -- The Lays move to River Oaks -- The Valhalla fiasco -- "The smartest son of a bitch I've ever met" -- Banking on the Gas Bank -- Mark-to-market account-a-rama -- Enron goes international : Teesside -- The big shot buying binge -- "Kenny Boy" -- The Dabhol debacle -- OPIC : sweet subsidies -- A kinder, gentler Enron -- The reign of Skilling -- "A pit of vipers" -- Cash flow problems, part 1 -- Chewco : the 3-percent solution -- Sexcapades -- The family Lay -- LJM1 -- Buying off the board -- The deal diva -- Enron's Waterworld -- Hyping the bandwidth bubble -- Andy Fastow arrives ... in River Oaks -- Strippers and stock options -- Casino Enron : cash flow problems, part 2 -- LJM2 -- The Big Five versus the SEC -- Derivatives hocus-pocus -- Ken Rice : missing in action --You gotta have art -- Revenge of the raptors -- "An outstanding job as CFO" -- Fastow goes bye-bye -- Posh PJ's -- Greenspan gets the Enron prize -- One restatement too many -- The downgrade -- The bankruptcy -- Epilogue : "Salvation Armani."