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In the book, investigative forensic accountants Al and Mark Rosen examine the circumstances that have led to a proliferation of corporate scandals, Ponzi schemes, and other financial manipulations. They argue that outdated court decisions, inaction by lawmakers, and the delegation of regulatory power to conflicted financial statement auditors have seriously harmed investors and facilitated the theft of wealth and retirement savings. The authors use their experience from major Canadian court cases to reveal the stories behind the financial deceptions and their consequences.
In the book, investigative forensic accountants Al and Mark Rosen examine the circumstances that have led to a proliferation of corporate scandals, Ponzi schemes, and other financial manipulations. They argue that outdated court decisions, inaction by lawmakers, and the delegation of regulatory power to conflicted financial statement auditors have seriously harmed investors and facilitated the theft of wealth and retirement savings. The authors use their experience from major Canadian court cases to reveal the stories behind the financial deceptions and their consequences.
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