Called to Account
Financial Frauds that Shaped the Accounting Profession
- 352 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
About this book
Called to Account traces the evolution of the global public accounting profession through a series of scandals leading to voluntary or mandated reforms. Ever entertaining and educational, the book describes some of the most audacious accounting frauds of the last 90 years, and identifies the accounting standards and legislation adopted as a direct consequence of each scandal.
While retaining favorite chapters exposing the schemes of "Crazy Eddie" Antar and Barry "the Boy Wonder" Minkow, this fourth edition includes new material describing the accounting problems at Carillion, Wirecard and Luckin Coffee. Students will learn that financial fraud is a global problem, and that accounting reform is heavily influenced by politics.
With discussion questions, and a chart mapping each chapter to topics covered in popular auditing textbooks, together with supplemental PowerPoints for instructors, Called to Account is the ideal companion for classes in auditing, fraud examination, advanced accounting, or professional responsibilities.
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Information
Table of contents
- Cover
- Half Title
- Endorsements
- Title
- Copyright
- Dedication
- Contents
- Acknowledgments
- Note to instructors
- Introduction
- 1 Scandal and reform
- Part I Birth of a profession
- Part II The profession’s principle problem
- Part III The Savings & Loan crisis
- Part IV The expectation gap
- Part V Beginning of the end
- Part VI From profession to regulated industry
- Part VII There’s no place like home
- Part VIII The world is flat
- Part IX Everything old is new again
- Appendix A: Discussion questions
- Appendix B: Suggestions for integrating Called to Account with popular auditing texts
- Index