Corporate Fraudulent Financial Reporting In Europe And Global Response

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2005

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İstanbul Ticaret Üniversitesi

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info:eu-repo/semantics/openAccess

Özet

Several global actions have been undertaken to respond to recent series of global corporate fraudulent financial reporting incidents, mostly in the U.S. and Europe. Almost all cases of European corporate accounting frauds are committed by international corporations which conduct their business in many countries, and mostly are listed and traded on the U.S. stock markets. Global actions of reform are prompted by American and European regulatory bodies, such as the U.S.-SEC and the EC, and by other international organizations, such as IFOA and OECD, in order to restore investor confidence in financial reporting, the public accounting profession, and the global financial markets. This study provides a sample of corporate accounting frauds in Europe and highlights the various actions for reform.

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The Effects Of Globalization On Financial Reporting

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