Financial Failures and Scandals

From Enron to Carillion

Business & Finance, Accounting, Auditing, Financial
Cover of the book Financial Failures and Scandals by Krish Bhaskar, John Flower, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Krish Bhaskar, John Flower ISBN: 9781000008265
Publisher: Taylor and Francis Publication: April 16, 2019
Imprint: Routledge Language: English
Author: Krish Bhaskar, John Flower
ISBN: 9781000008265
Publisher: Taylor and Francis
Publication: April 16, 2019
Imprint: Routledge
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Taylor and Francis

Cover of the book Orientalism and Religion by Krish Bhaskar, John Flower
Cover of the book The Law of Obligations by Krish Bhaskar, John Flower
Cover of the book Business Process Transformation by Krish Bhaskar, John Flower
Cover of the book Religion, Education, Dialogue and Conflict by Krish Bhaskar, John Flower
Cover of the book The Future of Journalism: In an Age of Digital Media and Economic Uncertainty by Krish Bhaskar, John Flower
Cover of the book Time-Limited Adolescent Psychodynamic Psychotherapy by Krish Bhaskar, John Flower
Cover of the book The Changing Public Sector: A Practical Management Guide by Krish Bhaskar, John Flower
Cover of the book Human Resource Management and the Global Financial Crisis by Krish Bhaskar, John Flower
Cover of the book Introducing International Relations by Krish Bhaskar, John Flower
Cover of the book Expository Discourse in Children, Adolescents, and Adults by Krish Bhaskar, John Flower
Cover of the book The State of Global Education by Krish Bhaskar, John Flower
Cover of the book Redesigning American Education by Krish Bhaskar, John Flower
Cover of the book Theories of Animal Memory by Krish Bhaskar, John Flower
Cover of the book Embedding Global Markets by Krish Bhaskar, John Flower
Cover of the book Computers and the Collaborative Experience of Learning (1994) by Krish Bhaskar, John Flower
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy