The reputation of corporate reporting has been in crisis. Trust in the process of financial accounting and auditing has been undermined by a series of high profile scandals involving major corporations, including Enron, Parmalat, Ahold, and Worldcom. In response, regulators and practitioners world-wide have put forward a series of initiatives to repair the damage and restore faith in corporate governance. In this important book, the European Auditing Research Network analyzes how that response has developed in Europe, with particular emphasis on the field of auditing. Leading international academics review how regulation has been revised in specific European countries to help restore confidence in the contribution of auditing to corporate governance. Various themes are explored, including the growing trend of internationalization in regulation, ethics and auditing, professional liability, and professional education. Auditing, Trust and Governance is an invaluable volume for students, researchers and professionals working in the fields of auditing, accountancy and corporate governance, and provides a useful basis for further research on the effects of the increased regulation.In line with the Spanish legislative tradition, the rules governing auditing in Spain are issued by government agencies and are basically ... of 1967 provided for the examination and control of annual financial statements by members of the Institute in certain circumstances. ... This recognized the need for the professional associations in Spain to have a greater say in both the standards issued and the anbsp;...
|Title||:||Auditing, Trust and Governance|
|Author||:||Reiner Quick, Stuart Turley, Marleen Willekens|
|Publisher||:||Routledge - 2007-10-17|