A Guide for CFOs for Dealing with FraudFaculty Publications
Date IssuedJanuary 1997
Date AvailableMarch 2014
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)
PublisherJohn Wiley & Sons, Inc.
Creative Commons LicenseCreative Commons Attribution-Noncommercial-No Derivative Works 4.0
Citation InformationHillison, W. A., & Pacini, C. (1997). A guide for CFOs for dealing with fraud. The Journal of Corporate Accounting & Finance, 9(1), 45-56.