Accounting irregularities in financial statements; a definitive guide for litigators, auditors, and fraud investigators.0566086212 Accounting irregularities in financial statements; a definitive guide for litigators, auditors, and fraud investigators. Kwok, Benny K.B. Gower Publishing 2005 209 pages $144.95 Hardcover HF5686 For litigators, investigators, and business people, Kwok explores irregularities within and outside generally accepted accounting principles The standard accounting rules, regulations, and procedures used by companies in maintaining their financial records. Generally accepted accounting principles (GAAP) provide companies and accountants with a consistent set of guidelines that cover both broad accounting (GAAP GAAP See: Generally Accepted Accounting Principles GAAP See generally accepted accounting principles (GAAP). ). Beginning with an overview of the financial reporting environments and regulations in Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. and the UK, he describes accounting irregularities in terms of exaggerating ex·ag·ger·ate v. ex·ag·ger·at·ed, ex·ag·ger·at·ing, ex·ag·ger·ates v.tr. 1. To represent as greater than is actually the case; overstate: revenue, expenses, losses, and liabilities, and in presenting financial statements. Three specific cases of theft, tax evasion The process whereby a person, through commission of Fraud, unlawfully pays less tax than the law mandates. Tax evasion is a criminal offense under federal and state statutes. A person who is convicted is subject to a prison sentence, a fine, or both. , and commercial dispute are discussed, and he concludes with a description of preventative measures at the specific and general levels. There is a glossary, but no bibliography. Kwok is based in Hong Kong and is a known expert on accounting there, in the UK, and in the US. Distributed by Ashgate. ([c] 2005 Book News, Inc., Portland, OR) |
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