{"product_id":"accounting-fraud-9780470478585","title":"Accounting Fraud","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cb\u003eEssential guidance on the new fair value rules for accounting managers, auditors, and fraud investigators\u003c\/b\u003e  \u003cp\u003eFair 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, \u003ci\u003eFair Value Accounting Fraud\u003c\/i\u003e 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.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eYou''ll find discussion of\u003cbr\u003e \u003c\/b\u003e\u003c\/p\u003e \u003cul\u003e \u003cli\u003eU.S. GAAP and IFRS rules on fair value accounting issues, highlighting the areas most vulnerable to fraud\u003c\/li\u003e \u003cli\u003eExplanations of 75 categories of fair value accounting fraud schemes\u003c\/li\u003e \u003cli\u003eFraud risk checklist that you can put to immediate use\u003c\/li\u003e \u003cli\u003ePractical detection techniques useful for auditors, investigators and others who rely on financial statements\u003c\/li\u003e \u003cli\u003eExpert advice from Gerard Zack, CFE, CPA, autho\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003ePreface.  \u003cp\u003eAcknowledgments.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART I INTRODUCTION TO FAIR VALUE ACCOUNTING FRAUD.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 1 Overview of Financial Statement Fraud and Fair Value Accounting.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction to Financial Reporting Fraud.\u003c\/p\u003e \u003cp\u003eWhat Makes It Fraud?\u003c\/p\u003e \u003cp\u003eWhy Financial Reporting Fraud Is Perpetrated.\u003c\/p\u003e \u003cp\u003eUsing One Fraud to Hide Another.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 2 The Use of Fair Value in Financial Statements.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHistorical Cost versus Fair Value.\u003c\/p\u003e \u003cp\u003eSources of Accounting Principles.\u003c\/p\u003e \u003cp\u003eU.S. GAAP versus IFRS.\u003c\/p\u003e \u003cp\u003eFair Value Option Added for U.S. GAAP.\u003c\/p\u003e \u003cp\u003eFair Value Defined.\u003c\/p\u003e \u003cp\u003eInternational Convergence.\u003c\/p\u003e \u003cp\u003eSome Principles of Financial Statement Presentation.\u003c\/p\u003e \u003cp\u003eEffective Dates of Accounting Standards.\u003c\/p\u003e \u003cp\u003eImpact of Fraud on Financial Statements.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 3 Methods of Determining Fair Value.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eMarket Approach.\u003c\/p\u003e \u003cp\u003eIncome Approach.\u003c\/p\u003e \u003cp\u003eCost Approach.\u003c\/p\u003e \u003cp\u003eInternal versus Externally Developed Valuations.\u003c\/p\u003e \u003cp\u003eInputs to Valuation Methods.\u003c\/p\u003e \u003cp\u003eFair Value Guidance under IFRS.\u003c\/p\u003e \u003cp\u003eAvailability of Market Evidence.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART II ASSET-BASED SCHEMES.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 4 Investments in Debt and Publicly Traded Equity Securities.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eScope of Investments Covered.\u003c\/p\u003e \u003cp\u003eSources of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003eClassification and Treatment—U.S. GAAP.\u003c\/p\u003e \u003cp\u003eClassification and Treatment—IFRS.\u003c\/p\u003e \u003cp\u003eReclassifications in General.\u003c\/p\u003e \u003cp\u003eReclassifications from the Held-to-Maturity Category.\u003c\/p\u003e \u003cp\u003eDetermination of Fair Value.\u003c\/p\u003e \u003cp\u003eActive versus Inactive Markets.\u003c\/p\u003e \u003cp\u003eTemporary versus Other-than-Temporary Impairments—U.S. GAAP.\u003c\/p\u003e \u003cp\u003eImpairment Losses—IFRS.\u003c\/p\u003e \u003cp\u003eSummary of Fraud Risks.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 5 Ownership Interests in Nonpublic Entities.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSources of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eConsolidated Financial Statements.\u003c\/p\u003e \u003cp\u003eJointly Controlled Entities versus Jointly Controlled Assets.\u003c\/p\u003e \u003cp\u003eEquity Method Investments.\u003c\/p\u003e \u003cp\u003eProportionate Consolidation.\u003c\/p\u003e \u003cp\u003eFair Value Option.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 6 Loans and Receivables.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSources of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003eRecognition and Measurement—U.S. GAAP.\u003c\/p\u003e \u003cp\u003eRecognition and Measurement—IFRS.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 7 Intangible Assets and Goodwill.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSources of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003eAsset versus Expense.\u003c\/p\u003e \u003cp\u003eWeb Site Costs.\u003c\/p\u003e \u003cp\u003eMeasurement.\u003c\/p\u003e \u003cp\u003eFinite Life Intangible Assets.\u003c\/p\u003e \u003cp\u003eResidual Value.\u003c\/p\u003e \u003cp\u003eIndefinite Life Intangible Assets.\u003c\/p\u003e \u003cp\u003eImpairment Losses.\u003c\/p\u003e \u003cp\u003eConcluding Remarks.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 8 Business Combinations.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSources of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003eBusiness Combination versus Asset Acquisition.\u003c\/p\u003e \u003cp\u003eAccounting for Business Combinations.\u003c\/p\u003e \u003cp\u003eIdentification of Intangible Assets.\u003c\/p\u003e \u003cp\u003eBusiness Combinations Achieved in Stages.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 9 Asset Impairments.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSources of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003eDefinition of an Impairment Loss.\u003c\/p\u003e \u003cp\u003eWhen to Test for Impairment.\u003c\/p\u003e \u003cp\u003eIndicators of Impairment of Assets.\u003c\/p\u003e \u003cp\u003eExtent of Impairment Loss.\u003c\/p\u003e \u003cp\u003eReversal of Previous Impairment Losses.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 10 Property and Equipment (Including Investment Properties).\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSources of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003eInitial Recognition.\u003c\/p\u003e \u003cp\u003eMeasurement after Initial Recognition.\u003c\/p\u003e \u003cp\u003eInvestment Property.\u003c\/p\u003e \u003cp\u003eImpairment Losses.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART III LIABILITY-BASED SCHEMES.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 11 Debt Obligations.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSources of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003eMeasurement.\u003c\/p\u003e \u003cp\u003eFair Value Option.\u003c\/p\u003e \u003cp\u003eValuation of Debt.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 12 Deferred Revenue.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSources of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003eRecognition—Customer Loyalty Programs.\u003c\/p\u003e \u003cp\u003eMultiple Deliverable Arrangements.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 13 Asset Retirement Obligations.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSources of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003eRecognition—U.S. GAAP.\u003c\/p\u003e \u003cp\u003eRecognition—IFRS.\u003c\/p\u003e \u003cp\u003eCan a Reliable Estimate Be Determined?\u003c\/p\u003e \u003cp\u003eMeasuring and Recording an Asset Retirement Obligation.\u003c\/p\u003e \u003cp\u003eSummary—Comparison of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 14 Guarantees.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSources of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003eRecognition—U.S. GAAP.\u003c\/p\u003e \u003cp\u003eMeasurement.\u003c\/p\u003e \u003cp\u003eRecognition—IFRS.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART IV OTHER FAIR VALUE ACCOUNTING FRAUD ISSUES.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 15 Derivatives and Hedging.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSources of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003eDefinitions and Treatment—U.S. GAAP.\u003c\/p\u003e \u003cp\u003eDefinitions and Treatment—IFRS.\u003c\/p\u003e \u003cp\u003eMeasurement.\u003c\/p\u003e \u003cp\u003eEmbedded Derivatives.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 16 Assets or Liabilities of Sponsors of Employee Benefit Plans.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSources of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003eRecognition and Measurement—U.S. GAAP.\u003c\/p\u003e \u003cp\u003eRecognition and Measurement—IFRS.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 17 Contingencies and Provisions.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSources of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003eRecognition—U.S. GAAP.\u003c\/p\u003e \u003cp\u003eAmount of Loss to Be Recognized.\u003c\/p\u003e \u003cp\u003eRecognition—IFRS.\u003c\/p\u003e \u003cp\u003eMeasurement.\u003c\/p\u003e \u003cp\u003eComparison of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 18 Share-Based Transactions.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSources of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003eRecognition—U.S. GAAP.\u003c\/p\u003e \u003cp\u003eMeasurement—U.S. GAAP.\u003c\/p\u003e \u003cp\u003eRecognition—IFRS.\u003c\/p\u003e \u003cp\u003eMeasurement—IFRS.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 19 Nonmonetary Transactions.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSources of U.S. GAAP and IFRS.\u003c\/p\u003e \u003cp\u003eRecognition and Measurement—U.S. GAAP.\u003c\/p\u003e \u003cp\u003eRecognition and Measurement—IFRS.\u003c\/p\u003e \u003cp\u003eAdvertising Barter Transactions—U.S. GAAP.\u003c\/p\u003e \u003cp\u003eAdvertising Barter Transactions—IFRS.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 20 Special Fair Value Issues of Not-for-Profit Organizations.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eNoncash Contributions of Assets.\u003c\/p\u003e \u003cp\u003eContributed Use of Assets.\u003c\/p\u003e \u003cp\u003ePromises to Give.\u003c\/p\u003e \u003cp\u003eContributed Services.\u003c\/p\u003e \u003cp\u003eMatching Requirements.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 21 Fair Value Disclosure Issues.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eSources of Disclosure Requirements.\u003c\/p\u003e \u003cp\u003eFinancial Instruments.\u003c\/p\u003e \u003cp\u003eImpairment Losses.\u003c\/p\u003e \u003cp\u003eUncertainties.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART V DETECTION OF FAIR VALUE ACCOUNTING FRAUD.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 22 A Framework for Detecting Fair Value Accounting Fraud.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAssessing the Risk of Fraud.\u003c\/p\u003e \u003cp\u003eUnderstanding How Fair Value Impacts the Financial Statements.\u003c\/p\u003e \u003cp\u003eExternal Factors that Indicate Risk.\u003c\/p\u003e \u003cp\u003eInternal Risk Factors.\u003c\/p\u003e \u003cp\u003eMateriality.\u003c\/p\u003e \u003cp\u003eInternal Controls over Fair Value Accounting.\u003c\/p\u003e \u003cp\u003eThe Risk of Management Override.\u003c\/p\u003e \u003cp\u003eFramework for Fair Value Accounting Fraud Detection.\u003c\/p\u003e \u003cp\u003eAuditing Standards.\u003c\/p\u003e \u003cp\u003eAuditor Independence.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 23 Use of Ratios and Other Analytical Procedures.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAnalytical Procedures as a Fraud Detection Tool.\u003c\/p\u003e \u003cp\u003eHorizontal Analysis.\u003c\/p\u003e \u003cp\u003eVertical Analysis.\u003c\/p\u003e \u003cp\u003eOperating Ratios.\u003c\/p\u003e \u003cp\u003eCustomized Ratios.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e\u003ci\u003eAppendix A\u003c\/i\u003e\u003c\/b\u003e Summary Checklist of Fair Value Accounting Fraud Risks.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e\u003ci\u003eAppendix B\u003c\/i\u003e\u003c\/b\u003e SEC Office of the Chief Accountant and FASB Staff Clarifications on Fair Value Accounting.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e\u003ci\u003eAppendix C\u003c\/i\u003e\u003c\/b\u003e Internal Controls over Fair Value Accounting Applications.\u003c\/p\u003e \u003cp\u003eBibliography.\u003c\/p\u003e \u003cp\u003eAbout the Author.\u003c\/p\u003e \u003cp\u003eIndex.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49402340344151,"sku":"9780470478585","price":49.88,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780470478585.jpg?v=1730480117","url":"https:\/\/bookcurl.com\/products\/accounting-fraud-9780470478585","provider":"Book Curl","version":"1.0","type":"link"}