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Financial Crisis and the Silence of the Auditors

Sikka, P (2009) Financial Crisis and the Silence of the Auditors. UNSPECIFIED. EBS Working Papers, Colchester.

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Abstract

Against the backdrop of the current financial crisis, this paper seeks to stimulate debates about contemporary auditing practices. It notes that many financial enterprises have sought state support within a short period of receiving unqualified audit opinion. Auditors collected large amounts in audit and non-audit fees. The events raise questions about the value of company audits, auditor independence and quality of audit work, economic incentives for good audits and the knowledge base of auditors.

Item Type: Monograph (UNSPECIFIED)
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: Faculty of Social Sciences
Faculty of Social Sciences > Essex Business School
SWORD Depositor: Elements
Depositing User: Elements
Date Deposited: 03 Jan 2014 13:24
Last Modified: 06 Jan 2022 13:17
URI: http://repository.essex.ac.uk/id/eprint/8090

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