Contents
Course
Overview.. 8
Dewey
& LeBouef. 8
Background. 8
Principle
Administrative Personnel at Dewey & LeBouef. 8
Financial
Statement Fraud in 2008. 8
2008
Adjustments. 9
Damaging
Emails. 10
Financial
Statement Fraud in 2009. 12
2009
Adjustments. 12
More
Damaging Emails. 13
Reduction
in Covenant. 13
The
$150 Million Bond Offering. 14
Collapse
of Dewey & LeBouef. 14
The
Auditor. 14
Criminal
Charges and the Outcome. 15
Discussion
of the Dewey & LeBouef Case. 15
The
Motivation Behind the Adjustments. 15
How
was the Auditor Deceived?. 16
Lessons
Learned. 17
ContinuityX. 18
Background. 18
Principle
Personnel 18
Alleged
Financial Statement Fraud. 18
The
Scheme is Exposed. 22
Source
of Funding. 23
The
Auditor. 23
The
Outcome. 26
Discussion
of the ContinuityX Case. 27
The
Motivation. 27
Lessons
Learned. 27
Review
Questions. 28
Glossary. 29
Index. 30
Answers
to Review Questions. 31
CPE
Exam.. 34
CPASelfstudy.com Course Evaluation. 35