Michael Young Authors New Book on Financial Fraud

October 14, 2013

Financial Fraud Prevention and Detection examines how a financial fraud crisis can engulf a company and offers best measures for preventing it before it ensues.

Litigation partner Michael Young has authored a new book that provides step-by-step guidance for board members and executives on preventing and detecting financial fraud. The book, entitled Financial Fraud Prevention and Detection, examines how a financial fraud crisis can engulf a company and offers best measures for preventing it before it ensues. The book is written for almost all parties involved in a potential financial fraud situation, including outside directors, audit committee members, senior executives, CFOs, CPAs, in-house lawyers, and outside law firms. Published by Wiley, the book is being lauded for presenting "action-oriented" guidance to corporate boards and C-suite executives on managing the threat of financial fraud, and for answering fundamental questions as to how financial fraud starts and spreads.

The book received strong endorsements from former SEC Chairman Arthur Levitt, former Financial Accounting Standards Board Chairman Robert Herz, and National Commission on Fraudulent Financial Reporting Chairman James Treadway, among others. They describe the book as a "readable," "understandable" and "practical" blueprint for fraud prevention that is written in a "fast pace and lively style."

Click here to read these endorsements and learn more about Financial Fraud Prevention and Detection.

Michael Young, who serves as Co-Chair of the firm’s Securities Litigation and Enforcement Practice, is recognized internationally as a leading expert on the causes and prevention of fraudulent financial reporting.