CAP Forum on Forensic Accounting in the Post-Enron World Audit Committees and Misappropriation of Assets: Publicly Held Companies in the United States/LES COMITÉS DE VÉRIFICATION ET LE DÉTOURNEMENT DE BIENS : LES SOCIÉTÉS OUVERTES AUX ÉTATS-UNIS

2006 ◽  
Vol 5 (2) ◽  
pp. 307-333 ◽  
Author(s):  
SAMEER T. MUSTAFA ◽  
HEIDI HYLTON MEIER
Keyword(s):  
United States ◽  
The United States ◽  
Audit Committees ◽  
Forensic Accounting

Auditor Independence in the United States: Cornerstone of the Profession or Thorn in Our Side?

2018 ◽  
Vol 32 (3) ◽  
pp. 145-168 ◽  
Author(s):  
Bryan K. Church ◽  
J. Gregory Jenkins ◽  
Jonathan D. Stanley
Keyword(s):  
United States ◽  
Financial Reporting ◽  
The United States ◽  
Auditor Independence ◽  
Audit Committees ◽  
Systematic Evaluation ◽  
Client Relationships ◽  
Reporting Process ◽  
Regulatory Approach

SYNOPSIS The objective of this paper is to provide a systematic evaluation of independence as a foundational element of the auditing profession. We maintain that while independence is a theoretically appealing construct, it is fraught with practical problems surrounding its implementation, monitoring, and regulation. We analyze the current oversight of auditor independence and evaluate the need for auditor independence from the perspective of information users and information producers. In the process, we discuss important implications and intractable challenges that affect one or more parties involved in the financial-reporting process. Finally, we carefully evaluate alternatives to the current regulatory approach for managing auditor independence (i.e., proscribing various auditor-client relationships). We conclude that increasing audit committees' responsibilities for monitoring the auditor's independence—along with additional disclosure about threats and safeguards to auditor independence—is worthy of further consideration and debate as a path toward addressing the auditor independence conundrum.

Tax Return Analysis in a Fraud Examination: The Case of the Bankruptcy Auditor

2020 ◽  
Vol 5 (1) ◽  
pp. 123-141
Author(s):  
David W. O'Bryan ◽  
Jeffrey J. Quirin ◽  
Mary Jo Goedeke
Keyword(s):  
United States ◽  
The United States ◽  
Primary Sources ◽  
Accounting Students ◽  
Red Flags ◽  
Business Law ◽  
Successful Completion ◽  
Forensic Accounting ◽  
Tax Returns

ABSTRACT The tax return is often a key piece of evidence in a forensic accounting engagement. Forensic accounting students need to understand what a tax return can tell its reader about the taxpayer. This case is designed for an introductory or advanced course in fraud examination or forensic accounting. Students are placed in the hypothetical role of a person beginning a job as a bankruptcy auditor with the United States Trustee Program. The bankruptcy auditor must utilize two consecutive years of tax returns to determine the primary sources of income and assets for the debtor. Information from the tax returns will be compared to the bankruptcy petition to identify red flags that could indicate the debtor has committed fraud or abuse of the bankruptcy process. Successful completion of this case requires students to integrate skills from auditing, taxation, business law, and forensic accounting and communicate findings in a written report.

Forensic Accounting and FAU: An Executive Graduate Program

2008 ◽  
Vol 23 (4) ◽  
pp. 593-599 ◽  
Author(s):  
George R. Young
Keyword(s):  
United States ◽  
Graduate Program ◽  
Educational Institution ◽  
The United States ◽  
Web Conferencing ◽  
Model Curriculum ◽  
Forensic Accounting ◽  
Florida Atlantic University ◽  
Higher Educational ◽  
The Impact

ABSTRACT: This paper presents a description of the executive Master's in Accounting with a concentration in forensic accounting program offered by Florida Atlantic University, an AACSB-accredited higher-educational institution located in southeast Florida. This program—the first of its kind in the United States—provides students with the option of attending lectures in person or via web conferencing. Also discussed is the impact that the model curriculum for fraud examination and forensic accounting has had on the program as well as challenges that have been met in creating and developing an executive graduate program in forensic accounting.

scholarly journals DEVELOPING FORENSIC ACCOUNTING CURRICULUM AT UNIVERSITIES

2017 ◽  
Vol 1 (1) ◽  
pp. 103
Author(s):  
Juman Syah
Keyword(s):  
United States ◽  
Curriculum Development ◽  
The United States ◽  
Accounting Curriculum ◽  
Forensic Accounting ◽  
The World

Accounting programs around the world have been revising their curriculum by including fraud / forensic accounting subject. This paper identifies the development of forensic accounting curriculum in the United States (US) and Indonesia. The first part of the paper is the model of forensic accounting curriculum development proposed by New Virgnia University. The second part of the paper presents the reality of forensic accounting subject in Indonesia. This paper is written to help accounting department consider introducing fraud / forensic accounting subject into its accounting program as well those who are revising their existing subjects.

scholarly journals A Current Evaluation of Independence as a Foundational Element of the Auditing Profession in the United States

2019 ◽  
Vol 13 (1) ◽  
pp. P17-P27
Author(s):  
J. Gregory Jenkins ◽  
Jonathan D. Stanley
Keyword(s):  
United States ◽  
Financial Reporting ◽  
The United States ◽  
Auditor Independence ◽  
Audit Committees ◽  
Client Relationships ◽  
Reporting Process ◽  
Regulatory Approach ◽  
A Current ◽  
The U.S

SUMMARY This paper summarizes '“Auditor Independence in the United States: Cornerstone of the Profession or Thorn in Our Side?”' (Church, Jenkins, and Stanley 2018). Their paper maintains that while the concept of independence is theoretically appealing, it is fraught with practical problems. Church et al. (2018) analyze the current oversight of auditor independence in the U.S. and the need for auditor independence from the perspective of various parties involved in the financial reporting process. In doing so, the paper discusses implications and challenges affecting one or more of these parties. Finally, Church et al. (2018) evaluate alternatives to the current regulatory approach of prohibiting various auditor client relationships to manage auditor independence. The paper concludes that increasing audit committees' responsibilities for monitoring auditor independence, along with additional disclosure about threats and safeguards to auditor independence, is worthy of further discussion and debate as a path toward addressing the auditor independence conundrum.

Incorporating Forensic Accounting and Litigation Advisory Services Into the Classroom

2008 ◽  
Vol 23 (4) ◽  
pp. 561-572 ◽  
Author(s):  
Lester E. Heitger ◽  
Dan L. Heitger
Keyword(s):  
United States ◽  
Learning Environment ◽  
Knowledge Base ◽  
Educational Experiences ◽  
The United States ◽  
Effective Learning ◽  
Accounting Practice ◽  
Forensic Accounting ◽  
Litigation Process ◽  
Accounting Courses

ABSTRACT: Forensic accounting is a rapidly growing segment of accounting practice, and the demand for forensic accountants far outstrips the current supply (Kellogg 2008). Litigation support and expert witnessing is a major component of the practice of forensic accounting. Virtually all areas of accounting knowledge and expertise are directly applicable to the field of litigation support. Faculty can provide an effective learning environment by carefully fashioning forensic accounting courses, or small portions of other accounting courses, that address the knowledge base and many diverse skills that provide the essential foundation for practicing forensic accounting litigation specialists. The purpose of this paper is to explore the numerous exciting aspects of forensic accounting and to address the unique educational experiences that arise from forensic accounting courses. We start with a brief overview of the litigation environment in the United States. Next, we discuss the nature of litigation support and expert witnessing, including the role-played by forensic accountants in the litigation process. We conclude by addressing the issues involved in designing, developing, and teaching forensic accounting courses.

Correlative microscopy in distrubuted (client/server) computing environments: tools for catalyzing the rapid dissemination of information about the cell biology of the human prostate

1995 ◽  
Vol 53 ◽  
pp. 682-683
Author(s):  
A. Hakam ◽  
J.T. Gau ◽  
M.L. Grove ◽  
B.A. Evans ◽  
M. Shuman ◽  
...  
Keyword(s):  
United States ◽  
Cell Biology ◽  
Tissue Bank ◽  
The United States ◽  
Prostate Adenocarcinoma ◽  
Correlative Microscopy ◽  
Client Server ◽  
Critical Elements ◽  
Transplant Organ

Prostate adenocarcinoma is the most common malignant tumor of men in the United States and is the third leading cause of death in men. Despite attempts at early detection, there will be 244,000 new cases and 44,000 deaths from the disease in the United States in 1995. Therapeutic progress against this disease is hindered by an incomplete understanding of prostate epithelial cell biology, the availability of human tissues for in vitro experimentation, slow dissemination of information between prostate cancer research teams and the increasing pressure to “ stretch” research dollars at the same time staff reductions are occurring.To meet these challenges, we have used the correlative microscopy (CM) and client/server (C/S) computing to increase productivity while decreasing costs. Critical elements of our program are as follows:1) Establishing the Western Pennsylvania Genitourinary (GU) Tissue Bank which includes >100 prostates from patients with prostate adenocarcinoma as well as >20 normal prostates from transplant organ donors.

Digital image acquisition, processing, and analysis in a polymer microscopy laboratory

1994 ◽  
Vol 52 ◽  
pp. 454-455
Author(s):  
Vinod K. Berry ◽  
Xiao Zhang
Keyword(s):  
United States ◽  
Image Analysis ◽  
Digital Image ◽  
Image Acquisition ◽  
Image Transmission ◽  
The United States ◽  
Quantitative Image Analysis ◽  
Quantitative Image

In recent years it became apparent that we needed to improve productivity and efficiency in the Microscopy Laboratories in GE Plastics. It was realized that digital image acquisition, archiving, processing, analysis, and transmission over a network would be the best way to achieve this goal. Also, the capabilities of quantitative image analysis, image transmission etc. available with this approach would help us to increase our efficiency. Although the advantages of digital image acquisition, processing, archiving, etc. have been described and are being practiced in many SEM, laboratories, they have not been generally applied in microscopy laboratories (TEM, Optical, SEM and others) and impact on increased productivity has not been yet exploited as well.In order to attain our objective we have acquired a SEMICAPS imaging workstation for each of the GE Plastic sites in the United States. We have integrated the workstation with the microscopes and their peripherals as shown in Figure 1.

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