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Author:Wells, J.
Title:So that's why it's called a pyramid scheme
Journal:Journal of Accountancy
2000 : OCT, VOL. 190:4, p. 91-96
Index terms:FRAUD
DEMOGRAPHY
AUDITING
Language:eng
Abstract:Today CPAs are under attack for not doing enough in the war against fraud. For confirmation, look at these news stories: "Last year, a Big Five accounting firm agreed to pay USD 335 million for failing to detect a half-billion dollar revenue overstatement during an auditing" and "A Denver lending company recently sued its auditors for allegedly failing to detect a USD 9 million embezzlement committed by the lender's own president and chief executive officer."
SCIMA record nr: 222500
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