Fraudulent financial reporting in Malaysia: a basic analysis
For the past decade, little had been discussed on the much taboo subject among companies, as the consequences are massive either legally, financially, and morally. It is important to distinguish between error and fraud, as error is an unintentional mistake in financial statements. However, fraud is...
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| Format: | Book Chapter |
| Language: | English |
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IIUM Press
2011
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| Online Access: | http://irep.iium.edu.my/6742/ http://irep.iium.edu.my/6742/ http://irep.iium.edu.my/6742/1/Chapter_8.pdf |
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iium-6742 |
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eprints |
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iium-67422012-09-07T05:52:39Z http://irep.iium.edu.my/6742/ Fraudulent financial reporting in Malaysia: a basic analysis Puat Nelson, Sherliza HF5601 Accounting. Bookkeeping For the past decade, little had been discussed on the much taboo subject among companies, as the consequences are massive either legally, financially, and morally. It is important to distinguish between error and fraud, as error is an unintentional mistake in financial statements. However, fraud is said to occur with intention in order to conceal or benefit certain parties. Many companies face occupational fraud and abuse that involve a wide variety of conduct by executives, employees, and managers, ranging from sophisticated investment swindles to petty theft. However, the common violations are usually corruption, asset misappropriation and fraudulent statements. Subsequently, fraud for or against a company can take the form of fraudulent financial reporting. The objective of the study is to examine the differences between fraud and non-fraud firms on the firm characteristics as well as director characteristics. IIUM Press 2011 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/6742/1/Chapter_8.pdf Puat Nelson, Sherliza (2011) Fraudulent financial reporting in Malaysia: a basic analysis. In: Islam, accounting and finance: challenges and opportunities in the new decade. IIUM Press, Kuala Lumpur, pp. 102-115. ISBN 9789670225463 http://rms.research.iium.edu.my/bookstore/default.aspx |
| repository_type |
Digital Repository |
| institution_category |
Local University |
| institution |
International Islamic University Malaysia |
| building |
IIUM Repository |
| collection |
Online Access |
| language |
English |
| topic |
HF5601 Accounting. Bookkeeping |
| spellingShingle |
HF5601 Accounting. Bookkeeping Puat Nelson, Sherliza Fraudulent financial reporting in Malaysia: a basic analysis |
| description |
For the past decade, little had been discussed on the much taboo subject among companies, as the consequences are massive either legally, financially, and morally. It is important to distinguish between error and fraud, as error is an unintentional mistake in financial statements. However, fraud is said to occur with intention in order to conceal or benefit certain parties. Many companies face occupational fraud and abuse that involve a wide variety of conduct by executives, employees, and managers, ranging from sophisticated investment swindles to petty theft. However, the common violations are usually corruption, asset misappropriation and fraudulent statements. Subsequently, fraud for or against a company can take the form of fraudulent financial reporting. The objective of the study is to examine the differences between fraud and non-fraud firms on the firm characteristics as well as director characteristics. |
| format |
Book Chapter |
| author |
Puat Nelson, Sherliza |
| author_facet |
Puat Nelson, Sherliza |
| author_sort |
Puat Nelson, Sherliza |
| title |
Fraudulent financial reporting in Malaysia: a basic analysis |
| title_short |
Fraudulent financial reporting in Malaysia: a basic analysis |
| title_full |
Fraudulent financial reporting in Malaysia: a basic analysis |
| title_fullStr |
Fraudulent financial reporting in Malaysia: a basic analysis |
| title_full_unstemmed |
Fraudulent financial reporting in Malaysia: a basic analysis |
| title_sort |
fraudulent financial reporting in malaysia: a basic analysis |
| publisher |
IIUM Press |
| publishDate |
2011 |
| url |
http://irep.iium.edu.my/6742/ http://irep.iium.edu.my/6742/ http://irep.iium.edu.my/6742/1/Chapter_8.pdf |
| first_indexed |
2023-09-18T20:15:52Z |
| last_indexed |
2023-09-18T20:15:52Z |
| _version_ |
1777407782658506752 |