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snowicefox17 snowicefox17
wrote...
Posts: 524
5 years ago
Describe some of the most frequent fraudulent financial reporting schemes.
Textbook 
Accounting Information Systems

Accounting Information Systems


Edition: 14th
Authors:
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wrote...
5 years ago
The most frequent fraudulent financial reporting schemes involve fictitiously inflating revenues,
holding the books open (recognizing revenues before they are earned), closing the books
early (delaying current expenses to a later period), overstating inventories or fixed assets, and
concealing losses and liabilities.
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