The article focuses on financial statement fraud based on cases wherein the U.S. Securities and Exchange Commission sanctioned auditors for their association with fraudulent financial statements. All of the cases involved public companies, most of which engaged ill fraudulent financial...

This paper provides insight into financial statement fraud instances investigated during the late 1980s through the 1990s within three volatile industries-technology, health care, and financial services--and highlights important corporate governance differences between fraud companies and...