Financial Failures and Scandals
eBook - ePub

Financial Failures and Scandals

From Enron to Carillion

  1. 128 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Financial Failures and Scandals

From Enron to Carillion

About this book

This concise volume evaluates the cause and significance of recent corporate failures and financial scandals, and how they reflect on the fitness for purpose of the external auditors, financial reports, financial watchdogs, boards, directors and senior management. Failures like the disastrous collapse of Carillion, examined at length, have ultimately led to a crisis of confidence not only in the audit process but in the entire process of financial reporting.

Revealing the shortcomings in audit quality, independence, choice and the growing expectation gap, Financial Failures and Scandals questions if the profession, its regulators or government watchdogs, are adequately prepared for the challenges of increasing regulation, public outcry and political scrutiny in the face of inevitable future financial failures. The fundamental structures of financial reporting, annual reports, boards of directors and senior management are often found to have failed. Tighter regulation and new requirements for reporting will inevitably result.

Drawing on extensive research and interviews with insiders, users and experts, this unique book provides a compelling account of the profoundly disruptive impact of financial failures on corporate and financial accountability. Topical and readable, this book will be of great interest to students, researchers and professionals in accounting and auditing, as well as to policy makers and regulators.

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Yes, you can access Financial Failures and Scandals by Krish Bhaskar,John Flower in PDF and/or ePUB format, as well as other popular books in Business & Auditing. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Routledge
Year
2019
Print ISBN
9780367220730
eBook ISBN
9781000008265
Subtopic
Auditing

Table of contents

  1. Cover
  2. Half Title
  3. Series
  4. Title
  5. Copyright
  6. Contents
  7. 1 About this book
  8. 2 Regulation, regulators and reporting
  9. 3 Manipulating reports and creative accounting
  10. 4 Landmark scandals: the impact of earlier cases
  11. 5 Tesco, HBOS and Autonomy
  12. 6 Carillion: the collapse
  13. 7 Carillion: the blame game
  14. 8 Recent cases: Steinhoff and Conviviality
  15. 9 Conclusions: the aftermath
  16. Glossary