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Deception and financial mayhem : the promise of blockchain technology /

Deception and Financial Mayhem explores whether the corporate psychopath accountant can be identified, modeled, and ultimately constrained. This book extensively discusses accounting fraud, including recent accounting scandals, and its relationship with Corporate Governance. Major accounting fraud m...

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Bibliographic Details
Main Authors: Sheikh, Faisal (Author), Maniar, Saad (Author)
Format: eBook
Language:English
Published: New York : Business Expert Press, 2025
Edition:First edition
Series:Business expert press financial accounting, auditing, and taxation collection
Subjects:
Accounting fraud.
Blockchains (Databases)
Accounting > Standards.
Electronic books.
Fraude comptable.
Chaînes de blocs.
Comptabilité > Normes.
Livres numériques.
e-books.
BUSINESS & ECONOMICS.
Table of Contents:
  • Front cover
  • Half title
  • Title
  • Copyright
  • Description
  • Contents
  • Foreword 1
  • Foreword 2
  • Acknowledgments
  • CHAPTER 1 What Is Accounting Fraud and Why It Persists
  • Why Accounting Fraud Endures?
  • Framework for Corporate Crime
  • What Is Fraud and How Accounting Fraud Is Unusual
  • Enron, 2001
  • WorldCom, 2002
  • Adelphia, 2002
  • Global Crossing, 2002
  • Parmalat S.p.A, 2004
  • Lehman Brothers, 2008
  • Toshiba, 2015
  • Wirecard AG, 2020
  • Synopsis of Accounting Fraud
  • The Magnitude and Economic Consequences of Accounting Fraud
  • The Drivers of Accounting Fraud
  • Pay
  • The Requirement to Obtain Finance
  • Beating Market Expectations
  • C R I M E L
  • Covering Up Company Financial Problems
  • Socioeconomic Challenges
  • CHAPTER 2 The Fraud Triangle and How to Discern Accounting Fraud
  • Fraud Model
  • The Fraud Triangle
  • Pressure
  • Opportunity
  • Rationalization
  • Appraisal of the Fraud Triangle
  • The Triangle of Fraud Action
  • The Fraud Scale
  • MICE
  • The Fraud Diamond
  • The Fraud Pentagon
  • New Fraud Triangle Model
  • The A-B-C Model
  • Predator Versus Accidental Fraudsters
  • The C R I M E Model
  • Prevention, Deterrence, and Detection
  • The Importance of Internal Controls
  • Ethical Culture
  • Red Flags of Accounting Fraud
  • Governmental Regulation
  • Dark Triad
  • Dark Triad CEOs and CFOs
  • Relevance of Dark Triad to Fraud Prevention and Detection
  • CHAPTER 3 Accounting Fraud and Corporate Psychopathy Modeling the Corporate Psychopath Accountant
  • Dark Triad Theory
  • The Corporate Psychopath
  • The Successful Corporate Psychopath
  • The Psychopathic Process
  • Corporate Psychopath Accountants
  • Modeling the Corporate Psychopath Accountant
  • CHAPTER 4 The Promise of Blockchain Technology
  • Accounting History
  • Triple-Entry Bookkeeping by Yuji Ijiri
  • Triple-Entry Accounting (TEA) by Ian Grigg
  • Fintech
  • Smart Contracts
  • Accounting on the Blockchain
  • Auditing on the Blockchain
  • Blockchain Structure
  • The Risks of Blockchain and Big Data Analytics
  • The FTX Fraud and Blockchain Technology
  • Responding to the Challenges of Blockchain and Big Data Analytics
  • CHAPTER 5 The Halfway House Automation
  • What Is External Audit Automation?
  • Why Is Audit Automation Vital?
  • What Are the Advantages of Audit Automation?
  • Which Audit Tasks and Workfow Elements Can Be Automated?
  • Audit Engagement Management
  • Audit Methodology
  • Secure Confrmations
  • Why Audit Automation Is a Workable Solution
  • Key Automation Technologies
  • Cloud Technologies
  • Robotic Process Automation
  • Artifcial Intelligence (AI)
  • Predictive Analytics
  • People-Centric Approaches
  • Accounting Ethics
  • Creating an Ethical Culture
  • The Nuts and Bolts of Creating an Anti-Fraud Culture
  • Conclusion
  • Professional Experience and Its Role in Mitigating Corporate Psychopathy in the Workplace
  • Glossary
  • References
  • About the Authors
  • Index
  • Back cover