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Purpose – Recent corporate failures such as Enron, WorldCom, Global Crossing and K-Mart and auditing failures such as Arthur Andersen have sparked great public concern, including the passage of the Sarbanes-Oxley Act of 2002. This paper aims to address the development of accounting standards....
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Purpose – Recent corporate failures such as Enron, WorldCom, Global Crossing and K‐Mart and auditing failures such as Arthur Andersen have sparked great public concern, including the passage of the Sarbanes‐Oxley Act of 2002. This paper aims to address the development of accounting...
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