In recent years, the upsurge in highly publicized allegations of accounting irregularities and fraudulent financial reporting have shaken up today’s corporate community and have been the impetus for the Sarbanes-Oxley Act of 2002, as well as closer scrutiny by the SEC. Accounting Irregularities and Financial Fraud: A Corporate Governance Guide provides a step-by-step guide to the crises enveloping a company in the wake of fraudulent financial reporting--and how to prevent it from happening in the first place. It discusses the corporate environment that causes fraudulent financial reporting, how it spreads, the kinds of crises it can create for a company, and the best way to deal with them.

Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports, Second Edition by Schilit, Howard M.

Tracing Financial Fraud
The book by Michael R.young on financial fraud and accounting irregularities is a commendable work. In the corporate world and financial management, some lessions are required to be learnt from this book.The book gives sophisticated advise on checking financial frauds. some of the learnt lessions can be applied to check related frauds in India.