Serious Fraud Office given extra funding to fight financial crime Money will be used to reform how the UK agency manages its cases and handles evidence AstraZeneca PLC AstraZeneca’s top China executive detained by authorities Pharmaceutical group confirms four other current and ex-executives investiga...
There have been several cases by businesses of whatappears to be financial statement fraud, which have been undetected by theauditors.In this thesis, the main purpose is to identify some of the reasons why auditorshave not detected financial statement fraud and to suggest possible solutions for...
BEIJING, April 3 (Xinhua) -- China has witnessed a steady drop of financial fraud cases over the past three years, according to the country's top court. The number of cases dropped by more than 20 percent every year between 2016 and 2018, the Supreme People's Court noted, citing a rec...
Financial statement manipulation is a type ofaccounting fraudthat remains an ongoing problem in corporate America. Although theSecurities and Exchange Commission (SEC)has taken many steps to mitigate this type of corporate malfeasance, the structure of management incentives, the enormous latitude afforded...
The financial fraud cases exposed by domestic and foreign listed companies have exposed the fragility of the internal control system of listed companies to... M Wu - 《Accounting & Corporate Management》 被引量: 0发表: 2023年 The relationship between corporate sustainability performance and earnings...
This study purpose to analyze the pentagon fraud, namely the pressure that is proxied by the financial target, the opportunity that is proxied by the effectiveness of monitoring (ineffective monitoring); Rationalization which is proxied by change in auditor; Competence which is proxied by the change...
The figures showed that 2,301 individuals were prosecuted for money laundering crimes in the first 11 months of 2023, a 10 percent year-on-year increase. Money laundering, illicit fund payments and settlements, and unlawful foreign exchange trading cases are on the rise, said Zhang Xiaojin, an...
News, intelligence and resources on the global fintech industry including topics such as financial crime & fraud.
financial fraud, which is enhanced by their experience and financial expertise. The positive effect is also significant for those female directors that are members of the audit committee and have financial expertise. Independent female directors offset the increased likelihood of fraud in the presence ...
In cases of transnational fraud, the first stage in the money-laundering process is often the physical movement of the money abroad. This distances the money from the location where the predicate offense was committed. To this end, currency smuggling (that is, the physical transfer of money) ...