Over the last two decades we’ve seen an explosion of accounting fraud. From WorldCom to Tyco, Enron to Kmart, it sometimes feels like more companies are engaging in fraudulent behavior than being honest. And despite the fact that these are often multi-billion-dollar crimes, involve mysterious suicide (Clifford Baxter at Enron), and help push our economy to collapse (Lehman Brothers), accounting somehow still isn’t sexy and is considered boring. During this talk, we’ll do a bit of demystification, a bit of history, and a bit of forensics to show how we’ve gotten here and why this keeps happening. Hopefully, you won’t fall asleep.
Nick Ross, PhD, actually, no lie, holds a PhD in Accounting from UCLA and finds it fascinating. He currently ruins video games at TinyCo and teaches Accounting and Analytics at USF.