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- Title
Financial Fraud: Causes, Consequences and the Accounting Profession's Roleii--A Canadian Perspective.
- Authors
Pathak, Jagdish; Wells, Alisen
- Abstract
Due to many corporate scandals involving significant instances of fraud in recent history, the accounting profession has been attempting to change the way audits are conducted to prevent future negative publicity as well to protect themselves. Since the consequences of these activities affect everyone in the society, the accounting profession needs to address the public's concern and help them understand the auditor's role through various measures. Only with the participation of the accounting profession can the society control and minimize the instances of financial fraud.
- Subjects
FRAUD; CORPORATE corruption; ACCOUNTING; AUDITORS; PUBLICITY; SCANDALS
- Publication
ICFAI Journal of Audit Practice, 2008, Vol 5, Issue 1, p24
- ISSN
0972-9070
- Publication type
Article