Regulation of accountancy and the power of capital: some observations |
| |
| Affiliation: | 1. Department of Psychiatry and Behavioral Sciences, Eastern Virginia Medical School, Norfolk, VA, United States;2. Vanderbilt Center for Neuroscience Drug Discovery, Vanderbilt University Medical Center, Nashville, TN, United States;1. Cultural Resource Management Program, Gila River Indian Community, Sacaton, AZ, 85147, USA |
| |
| Abstract: | In response to Briloff’s study of the regulation of fraudulent financial reporting in the USA, this paper examines the regulation of financial reporting and auditing in the UK. In common with Briloff, it reports that little effective regulatory action is taken against auditing firms implicated in audit failures and/or the publication of “defective" financial statements. Seemingly, as major fraction of international capital, auditing firms have colonised and captured the state to shield themselves from regulatory action. |
| |
| Keywords: | |
| 本文献已被 ScienceDirect 等数据库收录！ |
|
