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Saturday, November 21, 2009 10:54 AM

Accounting Fraud

Type: Keyphrase

Name: Accounting Fraud

First Reported 18 hours ago - Updated 17 hours ago - 2 Documents (in Conflicts & Crime)

Economic Crime Up In Tough Times

As the economy has turned down, accounting fraud has turned sharply higher. That's the conclusion of an annual survey on economic crime by accountants at PricewaterhouseCoopers.Behind the trend are corporate executives under mounting pressure to fudge ... [Forbes.com - 17 hours ago]

Entities: Accounting Fraud, Crime, Embezzlement, Class Action

First Reported 11/19/2009 - Updated 11/20/2009 - 8 Documents (in Conflicts & Crime)

Global Economic Crime Not Abating

There’s little sign that global economic crime and accounting fraud are slowing down, according to the latest survey data from PricewaterhouseCoopers.The firm’s biannual Global Economic Crime Survey surveyed over 3,000 corporate executives across the ... [WebCPA - 11/20/2009]

Entities: Fraud, Crime, Accounting Fraud, Bribery, Task Force

First Reported 11/19/2009 - Updated 11/19/2009 - 3 Documents (in Conflicts & Crime)

PriceWaterhouseCoopers

Middle managers main culprits in business fraud rise, says PriceWaterhouseCoopers

The past year has seen a continued hike in reports of accounting fraud and a sharp rise in crime committed by middle managers, according to PwC’s Global Economic Survey.The survey of over 3,000 senior representatives of organisations in 54 countries found ... [En the Web - 11/19/2009]

Entities: Fraud, Crime, PriceWaterhouseCoopers

First Reported 11/19/2009 - Updated 11/19/2009 - 2 Documents

Economic Crime Rises Amid Downturn

The economic downturn has caused a global upsurge in accounting fraud and induced more middle managers to commit economic crimes, according to a study. ... [WSJ.com: What's News Europe - 11/19/2009]

Entities: Crime, Accounting Fraud

First Reported 11/19/2009 - Updated 11/19/2009 - 2 Documents

What Would You Buy With $400,000?

Joe Weisenthal, Deputy Editor, The Business InsiderYour Questions (8 min):How long can the Fed keep inflating the current bubble? They look to me quite breathless, recently. - Sir Lorenz Do you think the Republicans will win or lose net seats in Congress ... [Business Insider - 11/19/2009]

Entities: Bobby Fischer, Garry Kasparov, Accounting Fraud, Mark-to-market

First Reported 14 hours ago - Updated 14 hours ago - 1 Documents

The Boss Is Busted ... but the GC Is Off the Hook in McKesson HBOC Fraud Trial

Jurors in the accounting fraud case likened Marcus Topel, who represented ex-general counsel Jay Lapine, to a country lawyer. They didn't like the team led by Theodore Wells: Too 'New York acting.' ... [Corporate Council - 14 hours ago]

Entities: Fraud, Theodore Wells, Accounting Fraud

First Reported 19 hours ago - Updated 19 hours ago - 1 Documents (in Conflicts & Crime)

PwC Says Insurance Sector In Top Tier Of Fraud Impacted Sectors

NEW YORK—The insurance industry was the second most fraud-prone industry sector behind communications according to a global economic crime survey released yesterday by PricewaterhouseCoopers.In a massive wide-ranging report based on information from 3,037 ... [National Underwriter - 19 hours ago]

Entities: Fraud, Accounting Fraud, Risk Management, Crime

First Reported 11/19/2009 - Updated 11/19/2009 - 1 Documents

Middle management suffering at work

A report by PricewaterhouseCoopers has confirmed that the recession is hitting all areas of the economy and population with the revelation that middle management across the UK are feeling the pinch. A survey by PricewaterhouseCoopers suggests that 40% ... [FinancialAdvice.co.uk - 11/19/2009]

Entities: PriceWaterhouseCoopers, Accounting Fraud, United Kingdom, Crime, Taxes

First Reported 11/18/2009 - Updated 11/18/2009 - 2 Documents (in Conflicts & Crime)

Downturn brings surge in crime by ‘cappucino fraudsters’

The economic downturn has led to a surge in crime by middle-manager cappucino fraudsters who have resorted to stealing from their employers.Nearly half of all economic crimes against British companies in the past two years have been sophisticated accounting ... [Times Online - 11/18/2009]

Entities: Crime, Accounting Fraud, Robert Hunter

First Reported 11/16/2009 - Updated 11/16/2009 - 3 Documents (in Conflicts & Crime)

Court says ex-HealthSouth exec should go to prison

A federal appeals court says a former HealthSouth executive should go to prison for his role in a huge accounting fraud at the Birmingham-based rehabilitation chain.The 11th U.S. Circuit Court of Appeals ruled Monday that probation isn't enough punishment ... [Sify - 11/16/2009]

Entities: HealthSouth Corporation, Ken Livesay, Probation

First Reported 11/16/2009 - Updated 11/16/2009 - 2 Documents

Prosecution to begin in Satyam fraud

nited News of IndiaNew Delhi, Nov 16:The Serious Frauds Investigation Office (SFIO) is going to file charges against those involved in the accounting fraud at Satyam Computer Services Ltd by the end of this month, Corporate Affairs Minister Salman Khurshid ... [Central Chronicle - 11/16/2009]

Entities: Salman Khurshid, Fraud, Federation of Indian Chambers of Commerce and I..., Accounting Fraud, India

First Reported 11/17/2009 - Updated 11/17/2009 - 2 Documents (in Internet & IT)

Ex-HealthSouth CEO's house, lots to be auctioned

BIRMINGHAM, Ala. -- A $4 million estate in central Alabama that belonged to former HealthSouth chief executive Richard Scrushy is going to be auctioned next month.An attorney for HealthSouth shareholders says the imprisoned executive's house in Vestavia ... [Washington Post - 11/17/2009]

Entities: HealthSouth Corporation, Richard Scrushy, Birmingham, Accounting Fraud

Quotes

..." We asked Wilbur for a statement, and he sent AutoblogGreen a statement, saying, "We have assembled a world-class team that has the full support of our board. We and our board are confident that we have the people and resources needed to bring the most innovative electric vehicle to market as soon as possible." This story is not over, not by a long shot. Gallery: Aptera 2e final design renderings [Source: Gas 2...

Aptera update: backstory uglier than we knew [Autoblog Green - 14 hours ago]

...The increase could stem from pressure to reach performance targets, according to this article. "The recession has driven people to seek more capital and seek more funding for their business" said Steven Skalak, PwC's global investigations leader

Accounting fraud has spiked in past 12 months [SmartBrief - 19 hours ago]

A county manager is also needed to manage Jefferson County's operations and finances, Grinney said. "The county commission should serve as the board of directors to establish a vision, set the direction and oversee the county manager" Grinney said. Grinney said recent local political corruption convictions demand transparency and accountability to restore public confidence...

HealthSouth's Grinney: JeffCo, Birmingham should consolidate [Biz Journals - 11/20/2009]

More Content

sort by: Date \| Relevance
Canadian businesses report higher levels of fra... [Canada One - 2 hours ago]
The Boss Is Busted ... but the GC Is Off the Ho... [Corporate Council - 14 hours ago]
Economic Crime Up In Tough Times [Forbes.com - 17 hours ago]
Corporate accounting fraud increasing around th... [Bobsguide - 18 hours ago]
PwC Says Insurance Sector In Top Tier Of Fraud ... [National Underwriter - 19 hours ago]
Accounting fraud has spiked in past 12 months [SmartBrief - 19 hours ago]
Global Economic Crime Not Abating [WebCPA - 11/20/2009]
Report: No Link Between Fraud and Companies Hur... [The American Lawyer - 11/20/2009]
HealthSouth's Grinney: JeffCo, Birmingham shoul... [Biz Journals - 11/20/2009]
Russia Ranked No. 1 For Economic Crime [Moscow Times - 11/19/2009]
Economic crime rate rises in Canada, report says [Reuters Canada - 11/19/2009]
Canadian companies report rise in finance crime [Canoe Money - 11/19/2009]
What Would You Buy With $400,000? [Business Insider - 11/19/2009]
Russia Leads the World in Economic Crime, Repor... [Moscow Times - 11/19/2009]
Middle managers defrauding employers to maintai... [CAMag Online - 11/19/2009]
Middle management suffering at work [FinancialAdvice.co.uk - 11/19/2009]
Middle managers main culprits in business fraud... [En the Web - 11/19/2009]
Fighting a 'cappuccino crimewave' [Yorkshire Post - 11/19/2009]
South Africa: Two-Thirds of Firms in Report Fraud [AllAfrica.com - 11/19/2009]
Cappuccino crime wave as middle managers feel t... [Telegraph - 11/19/2009]
FRAUD, THEFT AND BRIBERY [Globe Investor - 11/19/2009]
Two-thirds of firms in SA report fraud [Business Day - 11/19/2009]
Farewell to the decade of hubris [MSN Money - 11/19/2009]
Economic Crime Rises Amid Downturn [WSJ.com: What's News Europe - 11/19/2009]
Economic Crime Rises Amid Downturn [WSJ.com: What's News Europe - 11/19/2009]
Downturn brings surge in crime by ‘cappucino fr... [Times Online - 11/18/2009]
Surge in crime by cappucino fraudsters [Times Online - 11/18/2009]
Billionaire’s divorce could be lucrative for U.S. [MSNBC via MSN Money - 11/17/2009]
U.S. may get billions in Forbes' divorce decree [MSNBC via MSN Money - 11/17/2009]
Government, Cendant Corp. could collect billion... [Chicago Tribune - 11/17/2009]

Blogs

sort by: Date \| Relevance
Aptera update: backstory uglier than we knew [Autoblog Green - 14 hours ago] Filed under: EV/Plug-in, Green Daily, Aptera Aptera 2e final design rendering - Click above to enlarge Electric automaker Aptera has had a very tough week, starting ...
What Would You Buy With $400,000? [Clusterstock - 11/19/2009] Joe Weisenthal, Deputy Editor, The Business Insider Your Questions (8 min): How long can the Fed keep inflating the current bubble? They look ...
NYT-Big Business Shill [Skeptical CPA - 11/18/2009] "The fight is over whether the bill should be amended to block the imposition of a post-Enron auditing requirement on small publicly traded companies--defined as ...
Financial Stability Bill: Loopholes Destabilize It [Financial Sector and Stocks Analysis from Seeki ... - 11/16/2009] Karl Denninger submits: One wonders about this 1136-page behemoth...... First, some general observations: It does not ban off-balance sheet exposures. Why not, ...
How the Financial Sector Servant Became a Predator [The Market Oracle - 11/15/2009] William K. Black writes: Financial Systems Five Fatal FlawsWhat exactly is the function of the financial sector in our society? Simply this: Its sole function is ...

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Accounting Fraud