This book is essential reading for anyone interested in financial frauds within the accounting profession, taking a broad perspective on how financial frauds have shaped the public accounting profession by focusing on cases of fraud around the globe. Ever entertaining and educational, the book traces the development of the accounting standards and legislation put in place as a direct consequence of these epic scandals. You can now read Part I, which includes the first five chapters, for free.
In Part I: "Birth of a Profession", Clikeman examines the early history of capital markets and the public accounting profession, describing the early attempts by the fledgling public accounting profession to encourage better financial reporting. The Ivar Kreuger and McKesson & Robbins frauds are discussed in Chapters 3 and 4, and are tied to the Securities Act of 1933 and the Securities Exchange Act of 1934, and the setting up of the Securities and Exchange Commission (SEC) in Chapter 5. Chapters available to read for free:
1. Scandal and Reform
Part I: Birth of a Profession
2. Out of Darkness
3. Ivar Kreuger
4. McKesson & Robbins
5. Into the Spotlight
Financial Frauds that Shaped the Accounting Profession, 2nd Edition
Selected as an Outstanding Academic Title by Choice Magazine in 2014!
Called to Account takes a broad perspective on how financial frauds have shaped the public accounting profession by focusing on cases of fraud around the globe. Ever entertaining and educational, the book traces the development...
Published June 3rd 2013 by Routledge