COSO Release Landmark Study on Fraudulent Financial Reporting

May 1999
Financial Executive;May/Jun99, Vol. 15 Issue 3, p58
Academic Journal
This article reports on a study by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) on financial reporting fraud among public companies. The study finds that most financial reporting fraud among public companies was committed by companies with less than $100 million in assets. Overstatement of revenues was a typical technique. INSET: Surf Your Way to Y2K..


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