Financial Fraud Prevention and Detection Hardcover - 2013

From the jacket flap

Financial fraud is devastating to a company on many levels. Financial losses are only the beginning. Board members may find their reputations ruined. Executives may end up in prison. The company brand can take years to recover. Creating a corporate infrastructure that minimizes opportunities for financial fraud along with a company culture that works to keep employees in line will help ensure that fraudulent financial reporting never darkens your corporate doorstep. Financial Fraud Prevention and Detection shows you how to prevent and detect financial fraud with concrete, practical advice that is readable and action-oriented.

Author Michael Young, a recognized authority on accounting fraud, exposes the types of corporate environments that can incite fraud, allow it to fester, and ultimately create a crisis for a company. He also describes the best ways to extinguish the subsequent fires and efficiently get past the scandal. Brimming with expert advice, Financial Fraud Prevention and Detection explores:

• How fraud begins
• The path to corruption
• Corporate governance blunders
• The benefits and limitations of the Sarbanes-Oxley Act
• Efficient recovery after fraud detection
• The SEC and Department of Justice

Financial Fraud Prevention and Detection also provides innovative approaches to financial reporting that relieve the pressure to exaggerate financial results and stop financial fraud from ever happening.

A road map for fraud prevention and detection for corporate executives, board members, auditors, and investors, Financial Fraud Prevention and Detection is your protective armor in the battle against financial fraud.