Accounting Irregularities in Financial Statements ― A Definitive Guide for Litigators, Auditors And Fraud Investigators

For litigators, investigators, and business people, Kwok explores irregularities within and outside generally accepted accounting principles (GAAP). Beginning with an overview of the financial reporting environments and regulations in Hong Kong and the UK, he describes accounting irregularities in terms of exaggerating revenue, expenses, losses, and liabilities, and in presenting financial statements. Three specific cases of theft, tax evasion, and commercial dispute are discussed, and he concludes with a description of preventative measures at the specific and general levels. There is a glossary, but no bibliography. Kwok is based in Hong Kong and is a known expert on accounting there, in the UK, and in the US. Distributed by Ashgate. Annotation c2005 Book News, Inc., Portland, OR (booknews.com)

Benny K B Kwok, AHIREA AMAMI BSc CFE CPM FCA FCPA FTIHK ICIOB MAHI MAICD MBA MCIJ MHKIM MHKIoD MRICS As a reputable expert in litigation support, dispute analysis and fraud investigation, Benny's experience during the last two decades covered two of the Big-Four accounting firms, the Audit Commission and Abbey National Bank. Benny operates an independent practice as Chartered Surveyor, Chartered Accountant, Certified Fraud Examiner and Certified Practising Marketer, and is a member of 15 professional institutions in Hong Kong, Australia, the UK and the USA. Benny has published more than 100 papers throughout the world and has delivered more than 50 professional seminars for the Hong Kong Government and several institutions. Benny currently holds a number of commercial/public appointments, including the Adjudicator to the Obscene Articles Tribunal, the Member of the Board of Review and the Member to the Solicitors' Disciplinary Tribunal. Benny is also the author of another authoritative title Forensic Accountancy published by LexisNexis Butterworths.