FINANCIAL STATEMENT FRAUD CASEBOOK

BAKING THE LEDGERS AND COOKING THE BOOKS

It might seem that accounting fraud only occurs at mega-companies such as Enron, Tyco, and WorldCom, but as Financial Statement Fraud Casebook: Baking the Ledgers and Cooking the Books reveals, that is entirely inaccurate. Edited by Dr. Joseph T. Wells—founder and chairman of the Association of Certified Fraud Examiners (ACFE)—this eye-opening casebook exposes you to the shady world of financial statement fraud—and its occurrence within companies of all shapes and size.

Reflecting the scams that happen in public organizations, private companies, nonprofits, and even charities, the cases in this book are written by those who have been on the frontlines of the described financial statement fraud investigations. Their unique insights are pulled from years of practical involvement, presenting important perspectives from cases, including:

• Trust Us . . . We Wouldn't Lie to You: Independently and Objectively Research Every New Client, Stephen Pedneault
• Franklin County Contractors: A Case of Concealed Liabilities, Patricia A. Patrick
• Organized Crime Is Not Just for the Usual Suspects, David Shapiro
• The Spinster and the Investment, Eric Sumners
• The Perfect Family Business, Alejandro Morales

Over the last hundred years, financial statement fraud has gotten larger and more frequent. Outlining each case—from how the financial statement fraud was engineered, to how it was investigated, and how the perpetrators were brought to justice—Financial Statement Fraud Casebook forms an educational and entertaining picture of this kind of fraud, its destructive impact on organizations, and what you can do to prevent it from starting in your own business.