{"product_id":"financial-statement-fraud-strategies-for-detection-and-investigation-9781118301555","title":"Financial Statement Fraud: Strategies for Detection and Investigation","description":"\u003cp\u003e • Author(s): Gerard M. Zack\u003cbr\u003e • Publisher: Wiley\u003cbr\u003e • Publisher Imprint: Wiley\u003cbr\u003e • BISAC: Auditing\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eFrom the Back Cover\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eFINANCIAL STATEMENT FRAUD\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003cb\u003eStrategies for Detection and Investigation\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eAlthough financial statement fraud is the least frequently encountered fraud, it is by far the most costly, at a median loss of $1 million per case. Yet, the indirect losses from financial statement fraud--jobs, support, morale, and loyalty--are also significant and almost impossible to measure. Learn how to spot the warning signs before the damage is done. \u003ci\u003eFinancial Statement Fraud\u003c\/i\u003e explores the many different methods of perpetrating financial statement fraud, the accounting principles that are exploited, and the methods to detect and prevent fraud in any organization. \u003c\/p\u003e\u003cp\u003eAssuming an understanding of basic financial statements and the purpose each serves, as well as basic accounting concepts, author Gerard Zack highlights the many different types of fraud schemes. \u003ci\u003eFinancial Statement Fraud\u003c\/i\u003e provides auditors, fraud investigators, government agencies, and investment analysts with detailed descriptions of the most common or emerging schemes involving the preparation and issuance of fraudulent financial statements. \u003c\/p\u003e\u003cp\u003eFilling the need for practical guidance on financial statement fraud and the roles and responsibilities within companies, \u003ci\u003eFinancial Statement Fraud\u003c\/i\u003e features: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eReferences to pertinent U.S. and international accounting standards violated in the preparation of fraudulent financial statements\u003c\/li\u003e \u003cli\u003eA wide range of detection tools, from the simplest of ratios to complex analyses and tests, as well as fraud indicators\u003c\/li\u003e \u003cli\u003eA comprehensive, global approach that includes U.S. GAAP and IFRS\u003c\/li\u003e \u003cli\u003eRed flags and ratios to help you detect financial statement fraud schemes\u003c\/li\u003e \u003cli\u003eCoverage of auditor liability: when is an auditor liable for failing to detect fraud?\u003c\/li\u003e \u003cli\u003eReal-world cases that illustrate many of the fraud schemes featured throughout the book\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eA companion website includes copies of SEC Accounting and Auditing Enforcement Releases (AAERs), complaints that were filed, and various other documents associated with most of the cases cited in the book. These documents provide all of the details associated with each case, enabling researchers to perform their own analysis to more fully understand the schemes and relate them to the detection tips provided in the book. \u003c\/p\u003e\u003cp\u003eFinancial statement fraud can cost an organization more than just revenue. Arm yourself with the knowledge to identify where it happens, when to expect it, and how to detect it with the expert guidance found in \u003ci\u003eFinancial Statement Fraud\u003c\/i\u003e.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Hardcover","offer_id":45114385957015,"sku":"9781118301555","price":5830.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781118301555.webp?v=1767269646","url":"https:\/\/atlanticbooks.com\/products\/financial-statement-fraud-strategies-for-detection-and-investigation-9781118301555","provider":"Atlantic Books","version":"1.0","type":"link"}