/oder Subvention von Kapital und Löhnen nicht wichtig für die Wohlfahrsgewinne einer hinreichend vorangekündigten Steuerreform sind. … short-run confiscation and/or subsidy of capital and labor income is not important for the welfare gains of pre …

focuses on one application of MALCOM: detecting fraud in medical insurance claims. Given a training data set composed of … on a patient. Physicians whose patients had anomalous medical histories (according to MALCOM) were evaluated for fraud by …

methods and standards that improve our ability to address the possibility of detect significant financial statement fraud. In … the standards arena, SAS No. 82, Consideration of Fraud in a Financial Statement Audit (AICPA 1997), was promulgated in … 1997.1 This audit standard requires CPAs to assess and document the risk of fraud during audit planning and to document …

bond issues. I find that fraud announcements trigger swift, sharp, and long lasting credit rating downgrades and are … both the yield spread and the gross spread charged by the investment bank compared to pre-fraud levels. Moreover, a … significant proportion of bonds issued after a fraud contain call provisions that are more expensive in the short run but may be …

, Auditing, and Enforcement Releases to havemanipulated their accounting earnings (hereafter fraud firms). Over the course ofthe … fraud period, I find that institutions increase their ownership in fraud firms byapproximately 14 percent, resulting in … ("transient" institutions) slightly mitigate theirlosses by decreasing their ownership in fraud firms. I also provide evidence …

concern about material misstatements due to well-concealed fraud. This pattern of results is consistent with my framework … possibility of management fraud (cf., Bell, Peecher, and Solomon 2005). …

The Phar Mor case involved a massive collusive fraud by management. Although there were no claims the auditors … participated in the fraud, plaintiffs' attorneys were able to convince the jury that the firm was liable for fraud on the grounds …Finding Auditors Liable for Fraud: What the Jury Heard in the Phar Mor CaseBy David M. Cottrell and Steven M. GloverIn …