Accounting Irregularities and Financial Fraud: A Corporate Governance Guide [Hardcover]

Michael R. Young (Editor)

Book Description

Publication Date: February 2000 | ISBN-10: 0156069989 | ISBN-13: 978-0156069984 | Edition: Bk&CD Rom

This volume outlines the professional's responsibility once reporting irregularities are detected within a public corporation.

Editorial Reviews

Review

"As the chairman of three audit committees and a former auditor at an international firm, I have found the advice in this book to be invaluable. Making the book of particular use is its easy-to-read 'how to' style and its specific reommendations of concrete steps to maximize the effectiveness of audit committee oversight. This book is an extremely useful tool directed to a problem that should be foremost in the minds of board members, audit committee members, senior executives, accountants, and their lawyers." -- William U. Westerfield-Former Chairman of the Retail Service Group, Price Waterhouse LLP

"Michael Young's insights into audit committee oversight of financial reporting are original, bold, and exactly what's need to root our accounting problems and to prevent them in the first place. The prose is lively and the advice straghtforward and no-nonsense." -- John O. Whitney-Professor of Management, Columbia Business School

"This book couldn't come at a better time. It is thorough, insightful, and accurate both in its depiction of how most financial frauds occur and in its prescription to audit committees on how to prevent their occurrence. It will reward any reader, but particularly corporate directors and independent accountants." -- Bevis Longstreth-Former Member, SEC; Member, Public Oversight Board Panel on Audit Effectiveness

"This book gets to the bottom of 'accounting irregularities'-in other words, financial fraud. It talks about the corporate enviroment that causes it, how it spreads, the kind of crises it can create for a company, and the best ways to deal with them. All of this is described clearly and vividly, from the cumulative experience of knowledgeable professionals, making this volume the first authentic 'how to' book on dealing with, and preventing, fraudulent financial reporting." -- Mario M. Cuomo

About the Author

Editor: Michael R. Young is a litigation partner of Willkie Far & Gallagher specializing in securities and financial reporting. For more than a decade, Mr. Young has served as a counsel to the American Institute of Certified Public Accountants, and he has accordingly assisted in such matters as the formulation of the federal securities tort reform legislation of the mid-1990s, the drafting of generally accepted auditing standards,the enactment of the Uniform Accountancy Act, and the submission to the United States Supreme Court and Courts of Appeal of amicus curiae briefs on matters of importance to finanical reporting. Mr. Young also actively investigates and defends companies, officers and directors, accounting firms, and others in matters involving financial reporting and liability, and he has been involved in some of he most significant accounting irregularities matters of the past twenty years. He is a member of the American Bar Association's Committee on l! aw and accounting and writes and lectures frequently on financial reporting and liability issues.

Product Details

• Hardcover: 425 pages
• Publisher: Harcourt Brace Professional Pub; Bk&CD Rom edition (February 2000)
• Language: English
• ISBN-10: 0156069989
• ISBN-13: 978-0156069984
• Product Dimensions: 8.9 x 6 x 1.1 inches
• Shipping Weight: 1.5 pounds
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #4,744,003 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

6 of 9 people found the following review helpful:

5.0 out of 5 stars Tracing Financial Fraud, October 3, 2001

By 

sanjay pandey (Jodhpur,INDIA) - See all my reviews

This review is from: Accounting Irregularities and Financial Fraud: A Corporate Governance Guide (Hardcover)

The book by Michael R.young on financial fraud and accounting irregularities is a commendable work. In the corporate world and financial management, some lessions are required to be learnt from this book.The book gives sophisticated advise on checking financial frauds. some of the learnt lessions can be applied to check related frauds in India.