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Unformatted text preview: gross negligence or fraud. Criminal Sanctions Auditors may be found guilty for criminal action under federal laws. It is illegal to defraud another person through knowingly being involved with false financial statements. Prominent US criminal cases U.S. v. Simon ( aka Cont. Vending) U.S. v. Weiner (aka Equity Funding) ESM Gov’t Securities v. Alexander Grant U.S. v. Andersen...
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This note was uploaded on 10/05/2011 for the course ACG 5637 taught by Professor Monikacaushoulli during the Fall '08 term at University of Florida.
- Fall '08