财务报表粉饰与分析黄世忠教授Ph.DCPAMBA厦门大学管理学院副院长ComparativeStudyonMeasuresofWindowDressing讲授大纲美国上市公司报表粉饰概述美国上市公司报表粉饰的典型手段CFE调查报告总结的典型手段AICPA最新审计准则对舞弊的描述SEC前主席ArthurLevitt的观点审计总署（GAO）的调查中国上市公司报表粉饰的典型手段报表粉饰的传统手段报表粉饰的现代手段中国上市公司报表粉饰典型案例分析财务报表分析框架（HarwardModelofF.S.A)附录：Sarbanes-OxleyAct简要介绍该法案对独立董事的启示，特别是与CPA沟通应注意的问题ComparativeStudyonMeasuresofWindowDressingOverviewofFinancialFraudComparativeStudyonMeasuresofWindowDressingBiggestU.SBankruptciesSince1980ComparativeStudyonMeasuresofWindowDressingDebtsownedtoBanksandInstitutionalInvestorsbyWorldCom(TotalAssets:BV$107billion;MV$15billion;TotalDebts$41billion)$inmillion212.1WellingtonMgt.6.00JPMorganChase212.4AmericanExpressF.A100.00WellsFargoBank253.9AllianceCapitalMgt.100.00MellonBank267.0NorthwestInvest.Mgt.100.00BankOne270.1TravelersAssetmgt.150.00Fleet281.9Vanguard154.88Citibank300.3MetropolitanLifeInsur.202.75ABNAmcoBank386.5Prudential240.25DeutscheBank387.5CALPERS17,200.00JPMorganTrustCo.amountInstitutionalInvestorsAmountBank&TrustComparativeStudyonMeasuresofWindowDressingMerck’FakedRevenueComparativeStudyonMeasuresofWindowDressingFinancialFraudsandIndependentDirectorsOverviewoffinancialfraudsorearningsmanagement其他公司Microsoft,GE,IBM,Boeing,Lucent,Cisco,Oracle,AOL,Nortel,Qwest,Tyco,GlobalCrossing,Cendant,WMX,Sunbeam,Adelphia9/11否否虚增利润93亿美元WorldCom(AA)7/9否否虚增利润22亿美元RiteAid(KPMG)7/9否否虚增利润15亿美元Xerox(KPMG)15/17否否虚增利润6亿美元,隐瞒负债30多亿美元Enron(AA)独立懂事/董事会人数是否由CPA发现？是否由AC发现？舞弊种类及金额公司名称(事务所名称）ComparativeStudyonMeasuresofWindowDressingCFE’sClassificationSchemeFraudCorruptionAssetMisappropriationFraudulentStatementsConflictsofInterestBriberyIllegalGratuitiesEconomicExtortionCashFraudulentDisbursementsInventoriesandAllOtherAssetsBogusRevenueTimingDifferencesConcealedL&EImproperDisclosureImproperValuationComparativeStudyonMeasuresofWindowDressingCFE:DurationofbySchemeTypeComparativeStudyonMeasuresofWindowD