Accounting Irregularites
& Financial Fraud 2e
Michael R Young
An indispensable 'how-to' book on dealing with, and preventing, a professional disaster.
It teaches the origins of accounting irregularities, how fraud goes undetected, what to do
when problems surface, and how to prevent inconsistencies.
All relevant material is covered and includes real-world instances of financial fraud.
Includes a practical FREE CD-ROM!
"This book gets to
the bottom of'accounting irregularities in other words, financial fraud. It talks about
the corporate environment that causes it, how it spreads, the kind of crises it can create
for a company, and the best way to deal with them. All of this is described clearly and
vividly, from the cumulative experience of knowledgeable professionals, making this volume
the first authentic 'how to' book on dealing with, and preventing, fraudulent financial
reporting." MarioM. Cuomo
"Michael Young's
insights into audit committee oversight of financial reporting are original, bold, and
exactly what's needed to root out accounting problems and to prevent them in the. first
place. The prose is lively and the advice is straightforward and no-nonsense." John
0. Whitney Professor of Management, Columbia Business School Author of
Taking Charge: Management
Guide to Troubled Companies and Turnarounds, and The Economics of Trust
'As the chairman of three
audit committees and a former auditor at an international firm, I have found the advice in
this book to be invaluable. Making the book of particular use is its easy-to-read 'how-to'
style and its specific recommendations of concrete steps to maximize the effectiveness of
audit committee oversight. This book is an extremely useful tool directed to a problem
that should be foremost in the minds of board members, audit ', committee members, senior
executives, accountants, and their lawyers." William U. Westerfield Former
Chairman of the Retail Services Group Price Waterhouse LLP
"This book couldn't
come at the better time. It is thorough, Insightful, and accurate both in its depiction of
how most financial frauds occur and its prescription to audit committees on how to prevent
their occurrence. It wUl reward any reader, but particularly corporate directors .and
independent accountants." Bevis Longstreth Former Member, Securities and
Exchange Commission Member, Public Oversight Board Panel on Audit Effectiveness
336 pages