Since the early 1980s there has been an explosion of auditing activity in the United Kingdom and North America. In addition to financial audits there are now medical audits, technology audits, value for money audits, environmental audits, quality audits, teaching audits, and many others. Why has...

Risk, regulation and practices of organizing are interrelated in a myriad of ways. Natural disasters, technical failures, and also processes of organizing are sources of risk to which organizations must respond and for which new managerial and regulatory practices are demanded. In this...

This essay challenges core elements of enterprise risk management (ERM) and suggests that an impoverished conception of 'risk appetite' is part of the 'intellectual failure' at the heart of the financial crisis. Regulators, senior management and boards must understand risk appetite more as the...

The debate on accounting for brand names in the UK is undoubtedly a significant episode in the recent history of accounting regulation. This essay describes the principal 'technical' parameters of the debate and places the question of a credible valuation technology for brands at its centre. A...

Traditional econometric models no longer provide an adequate means of assessing the attainment of stated resource-development objectives because these objectives are now beginning to include statements about the desirability of developing marginally economic resources. Econometric models do not...

‘Fraud risk’ is ontologically different from fraud. Fraud itself is a disruptive event; fraud risk can and must be governed. This essay draws on Foucault’s concept of an apparatus (dispositif) to explain the emergence of this difference. The analysis begins with a concrete case and...