Deception and Financial Mayhem : The Promise of Blockchain Technology

Description

Deception and Financial Mayhem explores whether the corporate psychopath accountant can be identified, modeled, and ultimately constrained. This book extensively discusses accounting fraud, including recent accounting scandals, and its relationship with Corporate Governance. Major accounting fraud models, including The Fraud Triangle, are examined and the lens of The Dark Triad (Machiavellianism, Narcissism, Psychopathy) is also presented to better understand the perpetrators of accounting fraud. Utilizing the Levenson's Self-Report Psychopathy Scale, a multiple regression model known as the 'Corporate Psychopath Equation' is proposed to potentially identify psychopathic tendencies in accountants and auditors. The foundational aspects of blockchain technology are covered along with its potential to prevent accounting fraud. The authors outline automation technologies and 'People-Centric Approaches', including the Sheikh Maniar...