1.

Record Nr.

UNINA9910789360003321

Autore

Giroux Gary A.

Titolo

Accounting fraud : maneuvering and manipulation, past and present / / Gary Giroux

Pubbl/distr/stampa

New York, New York (222 East 46th Street, New York, NY 10017) : , : Business Expert Press, , 2014

ISBN

1-60649-629-8

Edizione

[First edition.]

Descrizione fisica

1 online resource (xiv, 183 pages)

Collana

Financial accounting and auditing collection, , 2151-2817

Disciplina

657.0973

Soggetti

Accounting fraud - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Part of: 2014 digital library.

Nota di bibliografia

Includes bibliographical references (pages 161-172) and index.

Nota di contenuto

Introduction -- 1. Accounting scandals, a historical perspective -- 2. Business and scandals before the Securities and Exchange Commission -- 3. Great Depression and reforms -- 4. War and post-World War II business and corruption -- 5. Tech bubble, bust, and bankruptcies -- 6. Subprime meltdown and beyond -- 7. The future of fraud and scandals -- Timeline -- Notes -- Bibliography -- Index.

Sommario/riassunto

Scandals relating to manipulation and fraud have dominated much of the history of business and the accounting profession in America since its founding. Crooks, corruption, scandals, and panics have been regular features of the business landscape ever since, with regulations and the expansion of financial disclosure, auditing, and regulatory agencies following major debacles. Prior to the creation of the Securities and Exchange Commission (SEC) in the 1930s and the development of generally accepted accounting principles (GAAP), few accounting rules existed and it is difficult to identify "accounting" scandals. Consequently, the primary focus is the post-World War II period, when accounting manipulation and fraud can be identified based on specific accounting violations. The importance of this topic is demonstrated by the major accounting and finance scandals of the 21st century, some of the most destructive in our history.