Book description
Essential guidance on the new fair value rules for accounting
managers, auditors, and fraud investigators
Fair Value accounting is emerging as the next prime opportunity for
financial statement fraud. Explaining the many complex applications of
fair value accounting in the preparation of financial statements,
Fair Value Accounting Fraud offers timely guidance on an
up-and-coming issue as U. S. and international accounting rules
pertaining to the use of fair value accounting continue to change.
You'll find discussion of
- U. S. GAAP and IFRS rules on fair value accounting issues,
highlighting the areas most vulnerable to fraud
- Explanations of 75 categories of fair value accounting fraud schemes
- Fraud risk checklist that you can put to immediate use
- Practical detection techniques useful for auditors,
investigators and others who rely on financial statements
- Expert advice from Gerard Zack, CFE, CPA, author of Fraud and
Abuse in Nonprofit Organizations: A Guide to Prevention and Detection
Comparing US accounting standards to International Financial
Reporting Standards-thereby making this book useful worldwide- Fair
Value Accounting Fraud helps you understand the new rules and
develop new auditing and investigative techniques to enable you to
detect potential fraud.
Gerard M. Zack is President of Zack, P. C. and is
a nationally recognized expert on accounting, audit, internal control,
and fraud issues. He is a regular speaker at AICPA and Association of
Certified Fraud Examiner (ACFE) conferences and events, and is the
author of Fraud and Abuse in Nonprofit Organizations: A Guide to
Prevention and Detection (Wiley).
