search query: @indexterm AUDITING / total: 1120
reference: 292 / 1120
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." |
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