Financial Failures and Scandals - From Enron to Carillion

This concise volume evaluates the causes and significance of recent corporate failures and financial scandals, and the roles of external auditors, financial reports, watchdogs, boards, directors and senior management. Failures like the collapse of Carillion, examined at length, have led to a crisis of confidence in financial reporting.

List of contents

1. About this Book. 2. Regulation, Regulators and Reporting. 3. Manipulating Reports and Creative Accounting. 4. Landmark Scandals :The Impact of Earlier Cases. 5. Tesco, HBOS and Autonomy. 6. Carillion: The Collapse. 7. Carillion: The Blame Game. 8. Recent Cases: Steinhoff and Conviviality. 9. Conclusions: The Aftermath. GLOSSARY.

About the author

Krish Bhaskar was founding Professor of Accounting at the University of East Anglia, UK and previously held positions at the London School of Economics and the University of Bristol. He is the author of over 50 books and has also worked extensively in the IT, consulting, investment banking, automotive and forecasting sectors.

John Flower, now retired, was formerly Professor of Accounting at the University of Bristol, UK and Director of the Centre for Research in European Accounting, Brussels.

Rod Sellers OBE, FCA, has spent almost 50 years in senior financial and corporate roles in industry.

Summary

This concise volume evaluates the causes and significance of recent corporate failures and financial scandals, and the roles of external auditors, financial reports, watchdogs, boards, directors and senior management. Failures like the collapse of Carillion, examined at length, have led to a crisis of confidence in financial reporting.

Product details

• Authors: Krish Bhaskar, Krish Flower Bhaskar, Bhaskar Krish, John Flower, Flower John
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Paperback / Softback
• Released: 21.01.2023
• EAN: 9781032475639
• ISBN: 978-1-0-3247563-9
• No. of pages: 136
• Series: Disruptions in Financial Reporting and Auditing
• Subjects: Social sciences, law, business > Business > General, dictionaries; Business & Economics / General, Accounting, BUSINESS & ECONOMICS / Corporate Governance, BUSINESS & ECONOMICS / Business Ethics, BUSINESS & ECONOMICS / Finance / General, BUSINESS & ECONOMICS / Corporate Finance / General, BUSINESS & ECONOMICS / Accounting / Financial, BUSINESS & ECONOMICS / Auditing, Corporate Finance, Budgeting & financial management, Budgeting and financial management