Attestation Update – A&A for CPAs

Technical stuff for CPAs providing attestation services

Archive for the ‘Books you might enjoy’ Category

Price cut on print books

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I’ve dropped the prices for the print copies of my books available at Amazon, Barnes & Noble, and iTunes store.

Here is what you can find on-line:

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 Tragedy of Fraud – Insider Trading Edition

Story of Scott London’s fall from regional audit partner at KPMG to prison inmate because of his insider trading.

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More good stuff for auditors – 1/30

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Here are a few more articles of interest to auditors. Fragility of the Big 4, big/little GAAP, brain stretcher on revenue recognition when oil prices have collapsed.

1/28 – Clifton Larson Allen – CLA Talk Video: FASB to Simplify Nonprofit Financial Statements – Discussion of some downsides to the expected revisions to NPO accounting.

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Written by Jim Ulvog

January 30, 2015, 9:41 am at 9:41 am

Knowledge is the source of value and wealth

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Gotta’ question for you – How much does the economy weigh?

Can’t answer?

Okay. How ‘bout this – Does much does the economy weight today versus 1950?

Before you answer, consider that I just counted 220 books on the bookshelves in my office. I currently have 195 books on my Kindle.

Now, how much does the economy weight today compared to 60 years ago?

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Written by Jim Ulvog

January 13, 2015, 7:57 am at 7:57 am

Tragedy of Fraud series now available in print as well as e-book formats

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tragedy-cover   tragedy-cover

 

Both books in my Tragedy of Fraud series are now available in print format from Amazon.

The newest book:

tragedy-cover

Tragedy of Fraud – Insider Trading Edition describes – Scott London’s long fall from Big 4 audit partner to prison inmate.

Click the link for your reading preference:

First book in the series:

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Tragedy of Fraud – The Ripple Effects from Fraud and the Wages Earned – Consequences of fraud spread far. There is a long list of well-earned wages from fraud that will be paid in full.

Available in your preferred format:

Written by Jim Ulvog

October 6, 2014, 7:53 am at 7:53 am

Tragedy of Fraud series available soon in print

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tragedy-cover   tragedy-cover

 

In a few days, printed copies of the two books in my Tragedy of Fraud series will be available in print at Amazon.

(Update: Available now.)

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Written by Jim Ulvog

October 2, 2014, 7:48 am at 7:48 am

Tragedy of Fraud – Insider Trading Edition available at Amazon

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Now available at Amazon:

tragedy-cover

 

Tragedy of Fraud – Insider Trading Edition: The fall from Big 4 audit partner to prison inmate.

Until April 2013, former KPMG audit partner Scott London was in charge of the audit practice for the southwest region. He was responsible for the audit work of 500 accountants and had the paycheck to go with those duties.

Today he is a prison inmate residing at the federal penitentiary in Lompoc, California serving a 14 month sentence.

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Written by Jim Ulvog

September 5, 2014, 6:56 am at 6:56 am

Primer on fraud in local governments

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If you work in a local government, are in leadership there, or provide audits in that sector, you really ought to check out Charles Hall’s book, The Little Book of Local Government Fraud Prevention.

I bought & read a copy a while back and really, really want to write a review of the book, but haven’t been able to pull together my thoughts.  (Sorry Charles!) It is a good read.

Until I pull together my thoughts, just know I believe you would benefit from reading the book.

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Written by Jim Ulvog

August 10, 2014, 18:00 pm at 6:00 pm

Arriving soon at an e-retailer near you: Tragedy of Fraud, Insider Trading Edition – The fall from Big 4 audit partner to prison inmate.

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Debut appearance of the cover, hot off the digital press:

 

tragedy-cover

 

My newest book is in the last stages of editing. Hope to move into conversion to e-book format soon. Will be released in the next couple of weeks.

As you know, I’ve been following the story of Scott London closely since the day the story broke. Mr. London was KPMG regional audit PIC for the southwest region.

He was caught passing inside information to his golf buddy. When confronted, he quickly confessed and plead guilty. He received a fourteen month jail sentence and is now a prison inmate at the Taft Correctional Institution.

You can now read of his journey from the lofty world of senior leadership to prison inmate in book format. The dozens of blog posts covering the story have been combined in chronological order instead of being spread all over the blog in reverse chronology. The posts have been edited slightly and the sequence changed a bit.

Available soon

The story of Mr. London’s fall will soon be available on your phone, e-reader, tablet, or other reading platform of choice. Will be available at the Amazon, Barnes & Noble, and iTunes stores.

Print copy will be available at Amazon soon after the electronic version is published.

Written by Jim Ulvog

August 1, 2014, 15:25 pm at 3:25 pm

Newest book on differences between audits, reviews, and compilations now available in print and for Nook

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Print copy and Nook e-book are in addition to availability for the Kindle and another half-dozen formats.

audit review compilation cover for wordpress croped

The book is an intentionally short read at about 30 pages. The print copy has 20 pages of text.  Focus is to quickly describe the differences between those levels of services using three illustrations:

  • A football game – How does advancing to the 10-yard line compare to an audit?
  • What would a review look like in a football game?
  • Buying a used car – How does taking the car for a test drive compare to a review?
  • Filling a bucket – How filling it up with water to different levels illustrates the differences between the levels of service.

It also explains the differences in plain language. Well, at least using less accountantese than you would usually get from an accountant.

This is a compilation of posts previously appearing on my blogs, with slight editing.

Where can you find the book?

Print book at Amazon here.

Nook e-book at Barnes and Noble here.

Kindle e-book at Amazon here.

Also available here in other formats:

  • ePub format for your iDevices
  • PDF
  • text
  • Mobi for your Kindle device

Written by Jim Ulvog

February 5, 2014, 7:18 am at 7:18 am

“Audit. Review. Compilation. What’s the difference?” – New book now available.

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Audit. Review. Compilation. What’s the difference? – Illustrations using a football game, buying a used car, and filling a bucket.

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What’s the difference between getting an audit, review, or compilation from your CPA firm? This short, 29 page book will help you understand.

Three illustrations help explain the differences:

  • A football game – How does advancing to the 10-yard line compare to an audit? What would a review look like in a football game?
  • Buying a used car – How does taking the car for a test drive compare to a review?
  • Filling a bucket – How filling it up with water to three different levels illustrates the differences between three levels of service.

This is a compilation of articles at my blog, Nonprofit Update.

The book is now available at Amazon.

Now available here in other formats:

  • ePub format for your iDevices
  • PDF or text
  • Mobi for your Kindle device

Soon to be available at Barnes and Noble.

Written by Jim Ulvog

January 17, 2014, 13:21 pm at 1:21 pm

eBook ‘Tragedy of Fraud’ now available in multiple formats

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Fraud has tragic effects on innocent people who didn’t commit the fraud. The person who did the deed will pay a severe price far beyond what the judge imposes. Just like a stone thrown into a pond causes ripples all across the water, so a fraud ripples out to cause all sorts of harm.

tragedy-cover

Only 99 cents.

Available in Epub for iPad, iBooks, Nook, and Sony Reader.

Also in mobi for Kindle, PDF for desktop reading, and 5 other formats.

Newest versions can be found here.

Has been available at Amazon since February.

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Written by Jim Ulvog

November 21, 2013, 9:50 am at 9:50 am

Free E-book to help you cope with the massive change around us. Oh, did I mention the price?

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If you are trying to sort out all the massive change around us, you have just got to check out Look, Lead, Love, Learn: Four Steps to Better Business, a Better Life – and Conquering Complexity in the Process by Bill Sheridan.

On 10-29 and 10-30 it is free at Amazon.

How can we possible cope with all the massive change around us? One way is to open our brain to learn and be willing to constantly be learning more.

In an era of great change, the most important skill we will possess going forward is the ability to learn new skills.

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Written by Jim Ulvog

October 29, 2013, 15:48 pm at 3:48 pm

“Once Upon Internal Control” fable now available in multiple formats

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I just published my short book, “Once Upon Internal Control” at Smashwords, which means it is now available in several formats:

  • Epub – readable on your iPad, Nook, Sony Reader and lots of other e-reading devices
  • Kindle
  • PDF
  • RTF

You can preview 30% of the book for free.

What’s this book about? Read the rest of this entry »

Written by Jim Ulvog

October 24, 2013, 7:40 am at 7:40 am

Price cut on my newest e-book, “Tragedy of Fraud”

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Price reduced to only $0.99, now available here.

“Tragedy of Fraud – The Ripple Effects from Fraud and the Wages Earned” describes the tragic consequences from fraud.

There are ripple effects that spread out to harm innocent bystanders. The perpetrator draws a wide range of well-deserved wages that will be paid in full.

The book looks at two fraud incidents to learn what happens after a fraud is discovered. One took place in a local megachurch and the other in the mayor’s office of a small city.

This book is a compilation of blogs posts that have been previously published at Nonprofit Update and Attestation Update. The posts have been edited slightly and reorganized for easier reading.

Major sections of the book:                        

  • Tragedy of Fraud – The Ripple Effects from the Embezzlement Fraud in a Local Church.
  • Wages of Fraud – Consequences from the Corruption Fraud in a Mayor’s Office.
  • Why is it Difficult to Find Fraud? – The lack of documentation inside an organization makes it even more difficult to identify a fraud scheme.
  • The Fraud Triangle – A discussion of the three sides of a fraud triangle. That’s the idea that three components need to be present for a fraud to take place – opportunity, motivation, and rationalization. Great danger is in play when all three factors are present.

The other book I have available at Amazon is Once Upon Internal Control.

Written by Jim Ulvog

June 17, 2013, 9:26 am at 9:26 am

To end the Too Big To Fail syndrome, require banks to have some serious amounts of capital

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That is the core point of a new book, The Bankers’ New Clothes, reviewed by John H. Cochrane in the Wall Street Journal Running on Empty – Banks should raise more capital, carry less debt – and never need a bailout again.

Federal policy guarantees essentially all bank deposits. That creates moral hazard, which means banks can take extreme risks and depositors don’t care. The feds are on the hook for any failure, so why should bank management or depositors worry about risk levels? To mitigate risk, the regulators have thousands of pages of rules on the asset side of the balance sheet. Check this out: Read the rest of this entry »

Written by Jim Ulvog

March 2, 2013, 9:54 am at 9:54 am

Posted in Books you might enjoy, Other stuff

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