Although "two sets of books," can go either right or wrong depending on the concept. Looking at the influence of evil in Corporate America overall effects our nation and the people supporting the company. These types of scandals lead to "White Collar Crimes," which are more involved in corporations or business providing false information or investors or creditors. The situation of White Collar Crime ends in all types of fraud in companies. For future accountants, outside directors, audit committee members, senior executives, CFOs, CPAs, in-house lawyers, and outside law firms it will be essential to understanding the Accounting Principles. Providing a blueprint for Fraud Prevention and Detection for corporate executives Presents step-by-step guidance to corporate boards and executives on managing the threat of accounting fraud prepares directors and executives for the possibility of accounting irregularities. White Collar crime and fraud are becoming a major issue in minor and major business and need to come to a halt.
No set of regulations, laws, and reforms can totally eliminate business scandals and white-collar crime. [1]
"Step-by-step guidance for board members and executives on preventing and detecting accounting fraudIn the wake of highly publicized allegations of accounting irregularities and fraudulent financial reporting that are shaking up today's corporate community, Financial Fraud Prevention and Detection provides a step-by-step guide to how these crises can envelop a company and how to prevent them from happening in the first place. [2]
notes
edit- ^ Horwitz, Karen (2008). White chalk crime : the real reason schools fail. Charleston, SC: BookSurge. ISBN 1419694073.
- ^ Young, Michael R. (2014). Financial fraud prevention and detection : governance and effective practices. Hoboken, NJ: Wiley. ISBN 9781118617632.