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A Guide for CFOs for Dealing with Fraud
Faculty Publications
  • William A. Hillison
  • Carl J. Pacini
SelectedWorks Author Profiles:
Carl J. Pacini
Document Type
Publication Date
Date Issued
January 1997
Date Available
March 2014
“…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)
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.
John Wiley & Sons, Inc.
Creative Commons License
Creative Commons Attribution-Noncommercial-No Derivative Works 4.0
Citation Information
Hillison, W. A., & Pacini, C. (1997). A guide for CFOs for dealing with fraud. The Journal of Corporate Accounting & Finance, 9(1), 45-56.