A Guide to Forensic Accounting Investigation - Hardcover

Skalak, Steven L.; Golden, Thomas W.; Clayton, Mona M.; Pill, Jessica S.

Hardcover

ISBN 10: 0470599073 ISBN 13: 9780470599075

Publisher: Wiley, 2011

Synopsis

The auditing profession has evolved significantly from its earliest roots of protecting the pharaoh’s riches. The catastrophic business failures have caused some to rethink the value of the audit. Due to lack of alternatives, the marketplace has demanded that auditors take responsibility for fraud detection and this demand has been buoyed by the Sarbanes-Oxley Act, the new PCAOB Risk Based Auditing and new Internal Controls standards, all requiring increased performance on the part of the auditor to find material financial statement fraud. The book explores exactly what assurance auditors should be expected to provide and suggests alternatives to providing the capital markets more of what they are requiring- greater assurances that the financial statements they rely upon for investment decisions are free of material error, including fraud. The book shows how audit firms need to retool to provide access to a new breed of auditor- the forensic specialist.

About this title

About the Author:

Thomas W. Golden, CPA, CFE (Chicago, IL). Partner, PricewaterhouseCooper LLP specializes in providing consulting and expert witness testimony in both civil and criminal matters with special expertise in forensic accounting, fraud investigation, and financial statement accounting. He is a former Chairman of the Board of Regents for the Association of Certified Fraud Examiners and the current President of the Better Government Association, a citizen watchdog group in Chicago, IL. Mr. Golden is an adjunct professor at DePaul University.

Steven L. Skalak, CPA, (Chicago, IL) is the National Practice Leader for PwC Investigations & Forensic Services of PricewaterhouseCoopers LLP. He has participated in a variety of corporate investigations relating to allegations that the Securities and Exchange Acts were violated, and of accounting or auditing improprieties. Steve has represented Audit Committees, Directors, Officers, Auditors, and Companies in class action litigation with shareholders and SEC investigations.

Mona M. Clayton, CPA, CFE, (Chicago, IL) Partner for Pwc specializes in international fraud investigations with particular emphasis in Latin America where she has conducted investigations.  She has designed investigative practice aids providing for consistent methodologies to be incorporated across common scheme investigations. Ms Clayton is an adjunct professor at DePaul University.

About this edition

• Publisher: Wiley
• Publication date: 2011
• ISBN 10: 0470599073
• ISBN 13: 9780470599075
• Binding: Hardcover
• Edition number: 2
• Number of pages: 656