Open Access. Powered by Scholars. Published by Universities.®
- Discipline
- Keyword
-
- Assets (1)
- Audit engagement (1)
- Auditor liability (1)
- Best practices (1)
- Circumvent (1)
-
- Civil asset (1)
- Equitable sharing reform (1)
- Existence and occurrence (1)
- External auditor (1)
- Financial statements (1)
- Forfeiture (1)
- Fraud (1)
- Gatekeeper (1)
- Internal controls (1)
- International (1)
- Management assertions (1)
- Negligent misrepresentation (1)
- Patriot Act (1)
- Perverse incentive (1)
- Terrorism (1)
- Transnational (1)
- War on drug (1)
Articles 1 - 2 of 2
Full-Text Articles in Securities Law
Equitable Sharing Aids Circumventing State Civil Asset Forfeiture, Ella Fisher
Equitable Sharing Aids Circumventing State Civil Asset Forfeiture, Ella Fisher
Economic Crime Forensics Capstones
Civil Asset Forfeiture (CIVIL ASSET FORFEITURE) is a disputable law enforcement asset utilized to combat the war on drugs and criticized as an abusive practice. Are law enforcement agencies really combatting the war on drugs using civil asset forfeiture law or just using the law for their own self interests? Civil Asset Forfeiture abuse relates to perverse incentives which are further aided by the federal equitable sharing program (ESP). Civil asset forfeiture law allows owners’ assets to be seized and forfeited, by law enforcement agencies without a warrant and/or a criminal conviction. When federal agencies adopt and prosecute, state and …
A Close Look At Audit Standards And Best Practices How To Validate The Existence Of An Asset, Luis Lebron
A Close Look At Audit Standards And Best Practices How To Validate The Existence Of An Asset, Luis Lebron
Economic Crime Forensics Capstones
A comparative analysis will be conducted seeking to identify how to obtain sufficient evidence to determine the existence of an asset within an organization during an independent audit. The external auditor is often regarded as the “gatekeeper” of the financial markets which has a fiduciary duty to its clients. (Choy, Fields, & King, 2008) Accounting firms are required by operation of law to act in an ethical manner and have a social responsibility to protect the interest of the public. However, there exists an ongoing issue in the performance of audits by larger firms. In a recent study conducted by …