USF St. Petersburg campus Faculty Publications
A Guide for CFOs for Dealing with Fraud
Document Type
Article
Publication Date
1997
ISSN
1044-8136
Abstract
“…the Auditing Standards Board adopted Statement on Auditing Standard (SAS) No. 82, Consideration of Fraud in a Financial Statement Audit…But who is really responsible for detecting and preventing fraud? … We submit that those inside the firm—including the CFO—should take primary responsibility for protecting the entity’s assets. These insiders’ goals are more focused on the entity’s success, and they are in a better position to evaluate the risks of fraud and to take steps to prevent it. In this article, we identify the fraud risks and signals that management should recognize, and the actions they should take to prevent and deter fraud.” (p.45)
Language
en_US
Publisher
John Wiley & Sons, Inc.
Recommended Citation
Hillison, W. A., & Pacini, C. (1997). A guide for CFOs for dealing with fraud. The Journal of Corporate Accounting & Finance, 9(1), 45-56.
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Comments
Excerpt only. Full-text article is available only through licensed access provided by the publisher. Published in The Journal of Corporate Accounting & Finance, 9(1), 45-56. Members of the USF System may access the full-text of the article through the authenticated link provided.