TAILIEUCHUNG - FRAUDULENT FINANCIAL REPORTING 1998-2007: An Analysis of U.S. Public Companies

Many employers have tried to educate their employees to make better decisions or supplied tools to help them improve their choices. The empirical evidence does not suggest that these methods are, in and of themselves, adequate solutions to the problems. The same large employer discussed above that offered its employees the chance to switch from a defined benefit to a defined contribution plan offered its employees a financial education program free of charge. The employer measured the effectiveness of this education by administering a before-and-after test of financial literacy. The quiz used a True/False format, so random answers would receive,. | Committee E 9 P 9 ORTING 8 - 2 0 0 7 FRAUDULENT FINANCIAL R 1 ring Organiza he T e a d w a of Sponso y Commission An Analysis of . Public Companies By Mark S. Beasley Joseph V. Carcello Dana R. Hermanson Terry L. Neal Authors Data Collection Team at the University of Tennessee Mark S. Beasley ERM Initiative North Carolina State University Joseph V. Carcello Corporate Governance Center University of Tennessee Doctoral Students Allison Beck Michael Borth Brian Carver Matt Hoag Co-Research Manager Stacy Mastrolia Co-Research Manager Leah Muriel Colin Reid Dana R. Hermanson Corporate Governance Center Kennesaw State University Terry L. Neal Corporate Governance Center University of Tennessee Masters Students Julie Anderton Ellen Brooks Megan Copple Miriam Franklin Kristin Grieco Derick Hobby Anna Hooker Candace Hooker Courtney Howell Matthew O Brien Laura Quinton Garrett Wistoff COSO Representatives David L. Landsittel COSO Chair Larry E. Rittenberg COSO Chair Emeritus University of Wisconsin - Madison Mark S. Beasley Deloitte Professor of Enterprise Risk Management and Professor North Carolina State University American Accounting Association Charles Landes Vice President Professional Standards and Services Group American Institute of Certified Public Accountants Richard Chambers President The Institute of Internal Auditors Jeff Thomson President and CEO Institute of Management Accountants Marie Hollein President and Chief Executive Officer Financial Executives International Preface This project was commissioned by COSO which is dedicated to providing thought leadership through the development of comprehensive frameworks and guidance on enterprise risk management internal control and fraud deterrence designed to improve organizational performance and governance and to reduce the extent of fraud in organizations. COSO is a private sector initiative jointly sponsored and funded by the following organizations Financial Executives International FEI Micnw 1 American .

• Tài chính doanh nghiệp
• Finance Initiative
• Environmental
• significant and rising
• Public companies
• substantial proportion
• global environmental