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 Caring for a Loved One with Alzheimer's Disease by Krish Bhaskar, John Flower
Cover of the book Juvenile Justice in Europe by Krish Bhaskar, John Flower
Cover of the book New Labour's Women MPs by Krish Bhaskar, John Flower
Cover of the book Performance Practice by Krish Bhaskar, John Flower
Cover of the book British Scientists of the Twentieth Century by Krish Bhaskar, John Flower
Cover of the book Scientific and Pastoral Perspectives on Intercessory Prayer by Krish Bhaskar, John Flower
Cover of the book The Circular Economy and the Global South by Krish Bhaskar, John Flower
Cover of the book Painter X Creativity by Krish Bhaskar, John Flower
Cover of the book The Poll With A Human Face by Krish Bhaskar, John Flower
Cover of the book Pension Reforms in Central, Eastern and Southeastern Europe by Krish Bhaskar, John Flower
Cover of the book International Perspectives on Age-Friendly Cities by Krish Bhaskar, John Flower
Cover of the book Self-Recovery by Krish Bhaskar, John Flower
Cover of the book Ancient Philosophy by Krish Bhaskar, John Flower
Cover of the book Psychophysics Beyond Sensation by Krish Bhaskar, John Flower
Cover of the book Radio - The Forgotten Medium 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