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 16 of the most audacious accounting frauds of the last 80 years, and identifies the accounting standards and legislation adopted as a direct consequence of each scandal.
This third edition offers expanded coverage of the Global Financial Crisis and international auditing. While retaining favorite chapters exposing the schemes of "Crazy Eddie" Antar, "Chainsaw Al" Dunlap, and Barry "the Boy Wonder" Minkow, new chapters describe the accounting problems at Lehman Brothers, Colonial Bank, and Olympus. 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, Called to Account is the ideal companion for classes in auditing, fraud examination, advanced accounting, or professional responsibilities.
Rezensionen / Stimmen
"Paul Clikeman is a wonderful storyteller who brings the characters in these fraud cases to life and describes the cycles of fraud and reform that have driven the development of accounting. My students and I love this book!" - Dana R. Hermanson, Dinos Eminent Scholar Chair, Kennesaw State University, GA
"Called to Account is my favorite accounting book. The clear and concise chapters are the perfect mix of accounting detail, colorful characters and intrigue. It's a must read for those who want to understand where standards come from and where they might be headed next." - Brian W. Mayhew, Associate Dean of Undergraduate Program, Arthur Andersen Alumni, Professor, University of Wisconsin-Madison, WI
"Called to Account provides an outstanding, historical perspective on how financial frauds and other important events have shaped the U.S. accounting profession. And the individual case studies covering most of the largest frauds in recent history are both informative and enjoyable to read. As a supplement for an auditing textbook to bring more realism to particular issues, or simply as a great read on how the accounting profession has evolved to its present state, I highly recommend this excellent book." - Dennis Beresford, Executive in Residence, University of Georgia, and Former Chairman of FASB
"I have used prior editions of Called to Account for several years as an integral part of my undergraduate auditing course with outstanding results. The book is very engaging and serves as a starting point for a more in-depth research assignment on the individual cases. In addition to gaining an understanding of the accounting frauds, students develop a much deeper appreciation for the evolution of accounting and auditing standards and the many factors influencing that evolution. I will continue to use Called to Account and highly recommend it to others." - Gary J. Witosky, David M. Miller Endowed Chair of Accounting, Thiel College, Greenville, PA
Auflage
Sprache
Verlagsort
Verlagsgruppe
Zielgruppe
Für höhere Schule und Studium
Illustrationen
1 s/w Abbildung, 1 s/w Zeichnung, 1 s/w Tabelle
1 Tables, black and white; 1 Line drawings, black and white; 1 Illustrations, black and white
Maße
Höhe: 246 mm
Breite: 174 mm
Gewicht
ISBN-13
978-1-138-32707-8 (9781138327078)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Klassifikation
Paul M. Clikeman, Ph.D., has been teaching undergraduate- and master's-level auditing classes at the University of Richmond since 1995. Previously, he was an auditor and audit supervisor in the Chicago office of Deloitte Haskins & Sells (now Deloitte). Dr Clikeman is a Certified Internal Auditor and a Certified Fraud Examiner. He has published more than 30 articles about auditing, fraud examination, accounting education, and financial accounting. He also maintains the website http://auditeducation.info, which provides resources and advice for studying and teaching financial statement auditing.
Autor*in
Paul Clikeman has passed away as advised by EA who is obtaining documents SF case 01754356 CH
Introduction
1 Scandal and reform
PART I Birth of a profession
2 Out of darkness
3 Ivar Kreuger
4 McKesson & Robbins
5 Into the spotlight
PART II The profession's principle problem
6 Generally accepted accounting principles
7 National Student Marketing
8 Equity Funding
9 Deja vu
PART III The Savings & Loan crisis
10 It's a wonderful life?
11 ESM Government Securities
12 Lincoln Savings & Loan
13 Bank robbers
PART IV The expectation gap
14 Auditors and fraud
15 ZZZZ Best
16 Crazy Eddie
17 Closing the gap
PART V Beginning of the end
18 Auditor independence
19 Waste Management
20 Sunbeam
21 End of the millennium
PART VI From profession to regulated industry
22 Professionalism
23 Enron
24 WorldCom
25 The perfect storm
PART VII There's no place like home
26 Open house
27 Taylor, Bean & Whitaker
28 Lehman Brothers
29 The Great Recession
PART VIII The world is flat
30 It's a small world
31 Parmalat
32 Olympus
33 As the world turns
34 Conclusion
Appendix A: Discussion questions
Appendix B: Suggestions for integrating Called to Account with popular auditing texts
