This is the final volume in a four-book miniseries dealing with disruption in audit and financial reporting, this last book focusing on the importance of developing the purpose and concept of auditing in a holistic rather than piecemeal way, whilst reflecting on the case for audit reform.It looks beyond current events and explores possible new entrants to the market, the role of regulation versus professionalism, developing a more prominent and reinvigorated auditing profession and...

Since the global financial crisis of 2007–8, new laws and regulations have been introduced with the aim of improving the transparency in financial reporting. Despite the dramatically increased flow of information to shareholders and the public, this information flow has not always been meaningful or useful. Often it seems that it is not possible to see the wood for the trees. Financial scalds continue, as Wirecard, NMC Health, Patisserie Valerie, going back to Carillion (and many more) dem...

This volume, originally published in 1976, creates a basis from which the specialist topics of macroeconomics can be approached. The first section deals exclusively with a simple classical and Keynesian model within a single common framework to facilitate easy comparison. Although simple models, they provide a sound starting point for the more advanced ideas which make up the second part of the book. Recognizing tht one of the crucial purposes of macroeconomics is to provide advice for cen...

This concise volume evaluates the cause and significance of recent corporate failures and financial scandals, and how they reflect on the fitness for purpose of the external auditors, financial reports, financial watchdogs, boards, directors and senior management. Failures like the disastrous collapse of Carillion, examined at length, have ultimately led to a crisis of confidence not only in the audit process but in the entire process of financial reporting.Revealing the shortcomin...

Focussing on the dominance of the Big Four auditing firms – PwC, EY, Deloitte and KPMG – this concise volume provides an authoritative critical assessment of the state and future of the audit market, currently the subject of much debate and the focus of significant government enquiries. Drawing on extensive research and a vast collection of evidence from interviews with insiders, experts and users, it explores the key issues of audit quality, independence, choice and the growing expectatio...

Mr K P Bhaskar and Mrs Santha Bhaskar were cultural leaders who devoted their lives to elevating Indian dance in Singapore. Over the last several decades, they have stood strong in the spotlight for their artistic efforts and immeasurable service to the nation. But as celebrated their achievements may be, what has remained in humble silence is the history of their youth.Born fifteen years apart as Bhaskar Krishna Pillai and Pankyamma Santhamma, it was dance that compelled fate to b...