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Product details
File Size: 44979 KB
Print Length: 696 pages
Publisher: Cengage Learning; 005 edition (January 1, 2015)
Publication Date: January 1, 2015
Language: English
ASIN: B00W5ZVG0G
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Amazon Best Sellers Rank:
#330,033 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
While the subject is interesting and there are definitely bits worth reading this text is RIDICULOUSLY overprices and bloated. It is filled to the brim with fluff and in many section will put you straight to sleep. I only purchased it for school and would definitely NOT recommend it to ANYONE who does not have to buy it for the same...and if you do have to get it for school I would highly encourage you to seek out a used copy or rent it.
The book is relatively well written with easily understood concepts. The massive amount of examples are tremendously helpful in bridging the gap between theoretical academics and real life fraud as well as making the reader think about fraud in different ways. For example, one case is about a normal inventory audit, except that the company was trying to pull a fast one by overstating their inventory. What the auditors did was to check the weight and size of the inventory that was on the books and compare it to the warehouse size and capacity of their forklifts. The two did not match as the warehouse was too small to fit all of the inventory and the weights of the products were far in excess of what a forklift could lift.The main issue and this was already brought up was redundancy. The book tends to do through out the book. I haven't quite figured it out if its meant to reinforce specific concepts or if their editor was just incompetent.The book is still useful for those who haven't taken audit and useful for those who have as it either lays some knowledge for audit courses or reinforces audit knowledge.
I understand the author is in the ACFE, but some chapters are written as if they are promotional materials for the ACFE rather than a textbook.
This book is a very thorough and well-written introduction to the field of fraud examination. Authors' lucid and easy-to-read style with plenty of fraud story examples is helpful to digest complex concepts such as financial statement frauds and e-commerce frauds. Chapter sizes are carefully kept small. Quizzes and case studies are also well-thought out.Some reviews on Amazon don't do this book a justice. Overall a comprehensive text book in the area of Fraud examination. For curious and interested in this field, I also recommend Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports, Second Edition.
Seems like the 3 authors wrote this book without communication amongst each other. There is a lot of repetition, this book is over 600 pages and could be summarized in 100pages. In each chapter you re-read over and over again the stuff you've just read.It is also quite elementary...the quizz at the end of each chapter are really basic and nothing like the MCQ you get in a college class...The good point is that there are a lot of examples.
Best textbook I have had to read in years. Clear information with good examples. Not annoying to read.
My grandson was very happy with the book and the mailing service It cam right on time
bit confusing, but thats expected from an accounting book lol
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