Don’t join the growing list of accounting professionals in trouble. We will discuss the accounting "stories" behind over 40 famous financial statement frauds such as Fannie Mae, McAfee, Parmalat, Tyco, Waste Management, and WorldCom. Includes deceptive accounting practices, the warning signs of problems in areas such as related parties, revenue recognition, significant estimates, capital items vs. expenses, choices among accounting methods, and improper activity to evade taxes.