The accounting fraud is frequent‚ widespread and familiar in many countries and organization. It brings a loss to firms and investors. But there is no research trying to explain factors comprehensively influencing it. The obyectives of the research are to test and explain the effect of the internal control effectiveness‚ suitability of reward‚ compliance to accounting rules‚ information asymmetry‚ management morality toward unethical behavior and intention to accounting fraud. More particularly
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company. “In February 2003‚ Peregrine Systems restated its financial statements for eleven quarters during the years 2000‚ 2001 and 2002‚ decreasing incomes formerly reported of 1.34 billion by more than$ 507 million.” The center of Peregrine’s fraud consisted in recording revenue on the inappropriate basis of non-binging contracts with resellers (channel partners)‚ a complete violation of Generally Accepted Accounting Principles‚ – these resellers would purchase Peregrine’s software for resale
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3.How to detect the fraud? There are many ways to detect the fraud .They can simply be divided into two categories One is quantitative analysis‚another is qualitative analysis. In quantitative analysis‚the sample is fifty thousand investment company which issued form ADV ‚ form ADV is required to issue to SEC when the investment company’s client number more than 15 people or the size of asset under management is larger than $ 25 million ‚ if you did not issue the document or it is not correctly
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Bernie Madoff was a successful businessman‚ who built his business with an investment of five thousand dollars and ran his business using Ponzi schemes. His Ponzi schemes are what made him acquire so many investors and make billions. As crooked and illegal as Bernie Madoff’s actions might’ve been he found a way to still strike as an iconic and incredibly successful business man. Bernie Madoff made it seem like if you didn’t have a connection to him then your name was unheard of. The only way you
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SHAKESPEARE IS A FRAUD January 25th 2012 Shakespeare is a Fraud One cannot write thirty-six plays‚ one hundred and fifty-four sonnets and two long narrative poems if they were ordinary. But unbelievably‚ William Shakespeare did just that from 1564 – 1616. People have questioning how Shakespeare achieved writing such great pieces of literature‚ when the behind the scenes story does not add up. There are no records to prove he wrote anything and there is proof
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inflated to meet forecasts by Wall Street analysts. (2004)‚ “Corporate scandals are now staples of front-page news as shareholders demand accountability for billions of dollars lost. Still‚ the U.S. government says the Rigases ’ case is one of the worst ever of financial fraud” (para. 3). Adelphia scandal consisted of six members‚ John Rigas‚ Timothy Rigas‚ Michae; Rigas‚ James Rigas‚ James R. Brown and Michael Mulcahey. These members of the scandal committed many crimes based on selfishness‚ greed
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make the cash and the tape balance‚ the best thing to do is destroy the register tape to prevent others from discovering the imbalance. Discussion 3-8 Newfund’s management and accounting controls contributed to the detection of Gurado’s fraud scheme by performing surprise audits once or twice a year. This scared Gurado and lead him to confess because he was unable to pay back
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Cal by Bernard MacLaverty Cal by Bernard MacLaverty tells us the tragic story about a young‚ unemployed Catholic named Cal Maclusky. He lives in Northern Ireland in an ulster where mostly Protestants live and is the son of a stubborn widowed abattoir man who refuses to leave his home even though their house had been firebomb threatened several times. Cal’s life is tough and trouble always seems to find him‚ his mother died when he was eight‚ Protestants give him a hard time and as if that wasn’t
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itself‚ through which Tschumi proposes an architecture of difference and opposition rather than synthesis and totality. Narrative techniques—be they pictorial or cinematic—evoke the ability of fiction to produce an alternative form of critique. Bernard Tschumi was already widely known for his theoretical drawings and written texts‚ like The Manhattan Transcripts developed in the late 1970s‚ in which he transcribed aspects normally removed from conventional architectural representation‚ like the
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George Bernard Shaw Pygmalion Pygmalion is a play set in London at the beginning of the 20th century. The play is about Eliza Doolittle‚ an illiterate flower girl‚ who is taken off the street by Professor Higgins to become a lady. The story begins on a rainy night in Covent Garden where Mr. Higgins meets Colonel Pickering (both men are experts on linguistics) and also Eliza Doolittle. Higgins bets Pickering that he could transform this flower girl into a well spoken woman‚ one that could be passed
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