Fraudulent reporting practices can have significant consequences for organizations and all stakeholders, as well as, for public confidence in the capital and security markets. In fact, comprehensive, accurate and reliable financial reporting is the bedrock upon which our markets are based. Keen...

The right of privacy is well established in international law. In fact, consumer privacy has attracted the widespread attention of regulators across the globe. Of course, privacy laws vary throughout the globe but, unfortunately, it has turned out to be the subject of legal contention between...

Banks are the engines that drive the operations in the financial sector, money markets and growth of an economy. With the rapidly growing banking industry in India, frauds in banks are also increasing very fast, and fraudsters have started using innovative methods. As part of the study, a...

Forensic accounting has come into limelight due to rapid increase in financial frauds and white-collar crimes. But, it is a largely untrodden area in India. The integration of accounting, auditing and investigative skills creates the speciality known as forensic accounting. The opportunities for...

Intellectual Capital (IC) is an important value driver in today's organizations. Although, IC reporting is receiving increasing attention from accountants in recent years, the innovativeness of the concept makes IC not fully incorporated in financial accounting reports as yet. At present,...

By and large, every set of published accounts in the corporate world have been based on books of accounts, which have been gently cooked or completely roasted. Shockingly, few "loopholes" in the accounting "standards" provide enough room for the use of "Creative Accounting (CA)" practices. Thus,...

Objective: This is an exploratory study, which focuses on two issues: (a) mapping the current state of intellectual capital (IC) reporting scenario, and (b) attempt to measure the value of IC by the selected 8 companies in the Indian pharmaceutical industry during the 5 financial years.Methods:...

Now-a-days, an audit committee (AC) is being looked upon as a distinct culture for improving corporate governance (CG) and has received wide-publicity across the globe. Government authorities, regulators and international bodies have indicated that they view an AC as a potentially powerful tool...

Accounting frauds and scams are perennial. They occurred in all eras and in all countries, and affected many organizations, regardless of their size, location, or industry. From Enron and WorldCom in 2001 to Madoff and Satyam in 2009, accounting frauds and scams have been dominating news items...

The omission of IC information may adversely influence the quality of decisions made by shareholders, or lead to material misstatements. This study attempts to provide an insight into the style of IC disclosures done by the IT-sector corporations from India and Australia. We conducted a...