Home Auditor Independence

Auditor Independence

Violations by Dean Dorton Allen Ford

Public Company Accounting Oversight board imposed civil penalty on the Public Accounting firm for violating the auditor independence rules. Dean Dorton Allan Ford (DDAF) prepared the financial statements for a broker-dealer audit...

Financial Statement Frauds in Indian Technology Sector

Financial Statement Frauds in the Information technology sector are here to stay. In the year 2009, Indiaforensic published the research on termed as " Early Warning Signals of Corporate Frauds" which...

Audit inefficiencies to be observed by the forensic auditors

March end is close and many of the firms would be preparing for the finalisation of the accounts. Auditors are likely to visit their places and another profit making year would...

Carter’s Accounting Fraud

Securities and Exchange Commission charged Michael Johnson, a divisional merchandise manager at Kohl's, which is a national department store. The complaint alleged that Johnson assisted the financial fraud at Carter's, Inc,...

Thornburg Mortgage Accounting fraud

Thornburg Mortgage Accounting fraud Securities and Exchange Commission filed securities fraud charges in the United States District Court for the District of New Mexico against Larry Goldstone, the former chief executive officer...

APC’s round trip transactions

Securities and Exchange Commission filed a civil injunctive action against a former senior vice president and a vendor of InPhonic, Inc., a now-bankrupt online retailer of cellular phones that was headquartered...

Securities and Exchange Commission charges Life Partners Holdings Inc for their involvement in a...

Securities and Exchange Commission today charged Texas-based financial services firm Life Partners Holdings, Inc. and three of its senior executives for their involvement in a fraudulent disclosure and accounting scheme involving...