search query: @indexterm analytical review / total: 857
reference: 97 / 857
Author: | |
Title: | Firms in trouble |
Journal: | Accountancy
2003 : JAN, VOL. 131:1313, p. 42-43 |
Index terms: | COMPANIES ACCOUNTING ANALYTICAL REVIEW |
Language: | eng |
Abstract: | Most big name firms found themselves under investigation during 2002. No-one could have predicted at the beginning of 2002 what an effect the collapse of Enron would have on the profession. What began as a relatively innocuous inquiry by the House of Representatives led within months to the demise of one of the best recognised auditors in the world. And it soon became clear that the entire profession was under investigation and not, it seemed, without cause. WorldCom and equitable Lire followed quickly, adding to the seemingly terminal decline in the profession's reputation. The paper answers the question whether it is as bad as it seems. |
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