lecture_01 4240

lecture_01 4240 - WELCOME TO ACCT 4240 AUDITING AND...

Info iconThis preview shows pages 1–10. Sign up to view the full content.

View Full Document Right Arrow Icon
1 WELCOME TO ACCT 4240: Professor Zabi Rezaee Ph.D., CPA, CMA, CIA, CFE, CGFM Thompson/Hill Chair of Excellence, Professor of Accountancy Fall 2009 AUDITING AND ASSURANCE SERVICES
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
2 Paying Attention?
Background image of page 2
3 The Cost of “Bad Press” The Arthur Andersen partner was on his cell phone when he said, “Ship the Enron documents to the feds,” But his secretary heard, “Rip the Enron documents to shreds.” It turns out that it was all just a case of bad cellular. The Clear Alternative to Cellular  TM
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
4 Pepper . . . and Salt October 2, 2007
Background image of page 4
5 Financial Statement Fraud: Prevention and Detection Review in Journal of Accountancy , December 2002, pp. 89−90: Financial Statement Fraud is a good reference for understanding some of the current corporate financial statement problems in making sure that financial statements are correct.” Review in Internal Auditing May/June 2002, p. 46−47: “This professional reference is highly recommended reading for all internal auditors and should be included in all internal auditing libraries and used in internal auditing training programs. This book should hit the bestseller lists rather quickly.” by Zabihollah Rezaee, published by John Wiley & Sons, March 2002
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
6 Cooking the Books = FSF = CRIME FSF = Crime Incentives Monitoring End Results Cooks Recipes Financial Statement Fraud Formula C ooks + R ecipes + I ncentives + M onitoring (lack of) + E nd Results = CRIME
Background image of page 6
7 Lynn Turner writes, “ Corporate Governance Post-Sarbanes- Oxley appropriately provides the reader with a useful discussion of emerging and contemporary issues confronting those involved with corporate governance including those in the monitoring function, as well as those in the growing field of not-for-profit organizations. And it adds an international flavor to its pages, which is unquestionably important and useful as today’s largest investors as well as accomplished management teams and directors come from a multitude of countries.” Michael McCauley, Director of Corporate Governance for the Florida State Board of Administration, wrote, “ Corporate Governance Post-Sarbanes-Oxley offers one of the most comprehensive examinations available. Dr. Rezaee achieves an in-depth, thorough review of today’s corporate governance landscape and provides a sound perspective for the reader. His systematic description offers a practical guide for any investor interested in the role of governance within the capital markets. An excellent book.” Corporate Governance Post-Sarbanes- Oxley: Regulations, Requirements, and Integrated Processes by Zabihollah Rezaee, published by John Wiley & Sons, 2007
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
8 Corporate Governance and Ethics by Zabihollah Rezaee Published by Wiley, July 2008
Background image of page 8
9 1. The wave of financial scandals of the late 1990s and the early 2000s eroded investor confidence in corporate America and its financial reports. 2. Congress responded with the passage of the Sarbanes-Oxley
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 10
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 82

lecture_01 4240 - WELCOME TO ACCT 4240 AUDITING AND...

This preview shows document pages 1 - 10. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online