The accounting world post-Enron, Tyco, Vivendi, WorldCom, Xerox...: reflections on being part of the solution / Shahrokh M. Saudagaran

The events of the past year have cast a spotlight on accounting and accountants. While most of the media coverage has related to the problems in the United States, the rest of the world, including Asia, is not exempt from these concerns. The severe losses suffered by investors have resulted in a dra...

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Main Author: Saudagaran, Shahrokh M.
Format: Article
Language:English
Published: Faculty of Accountancy & Accounting Research Institute (ARI) 2003
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/13686/
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author Saudagaran, Shahrokh M.
author_facet Saudagaran, Shahrokh M.
author_sort Saudagaran, Shahrokh M.
building UiTM Institutional Repository
collection Online Access
description The events of the past year have cast a spotlight on accounting and accountants. While most of the media coverage has related to the problems in the United States, the rest of the world, including Asia, is not exempt from these concerns. The severe losses suffered by investors have resulted in a dramatic decline in confidence in the stock markets. This can have negative long-term effects if the erosion in confidence causes investors to continue to stay away from the markets. There is much that can be done to improve the integrity of financial reporting through greater accountability, the restoration of resources devoted to the audit function, and better corporate governance policies. The current paper discusses the roles of educators and academic accounting association towards improving accounting education and practice in Asia.
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spelling uitm-136862016-07-21T07:56:35Z https://ir.uitm.edu.my/id/eprint/13686/ The accounting world post-Enron, Tyco, Vivendi, WorldCom, Xerox...: reflections on being part of the solution / Shahrokh M. Saudagaran mar Saudagaran, Shahrokh M. Accountants Managerial accounting Financial management. Business finance. Corporation finance The events of the past year have cast a spotlight on accounting and accountants. While most of the media coverage has related to the problems in the United States, the rest of the world, including Asia, is not exempt from these concerns. The severe losses suffered by investors have resulted in a dramatic decline in confidence in the stock markets. This can have negative long-term effects if the erosion in confidence causes investors to continue to stay away from the markets. There is much that can be done to improve the integrity of financial reporting through greater accountability, the restoration of resources devoted to the audit function, and better corporate governance policies. The current paper discusses the roles of educators and academic accounting association towards improving accounting education and practice in Asia. Faculty of Accountancy & Accounting Research Institute (ARI) 2003 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/13686/1/AJ_SHAHROKH%20M.%20SAUDAGARAN%20MAR%2014.pdf Saudagaran, Shahrokh M. (2003) The accounting world post-Enron, Tyco, Vivendi, WorldCom, Xerox...: reflections on being part of the solution / Shahrokh M. Saudagaran. (2003) Malaysian Accounting Review <https://ir.uitm.edu.my/view/publication/Malaysian_Accounting_Review.html>, 2 (1). pp. 2-12. ISSN 1675-4077 https://mar.uitm.edu.my/
spellingShingle Accountants
Managerial accounting
Financial management. Business finance. Corporation finance
Saudagaran, Shahrokh M.
The accounting world post-Enron, Tyco, Vivendi, WorldCom, Xerox...: reflections on being part of the solution / Shahrokh M. Saudagaran
title The accounting world post-Enron, Tyco, Vivendi, WorldCom, Xerox...: reflections on being part of the solution / Shahrokh M. Saudagaran
title_full The accounting world post-Enron, Tyco, Vivendi, WorldCom, Xerox...: reflections on being part of the solution / Shahrokh M. Saudagaran
title_fullStr The accounting world post-Enron, Tyco, Vivendi, WorldCom, Xerox...: reflections on being part of the solution / Shahrokh M. Saudagaran
title_full_unstemmed The accounting world post-Enron, Tyco, Vivendi, WorldCom, Xerox...: reflections on being part of the solution / Shahrokh M. Saudagaran
title_short The accounting world post-Enron, Tyco, Vivendi, WorldCom, Xerox...: reflections on being part of the solution / Shahrokh M. Saudagaran
title_sort accounting world post-enron, tyco, vivendi, worldcom, xerox...: reflections on being part of the solution / shahrokh m. saudagaran
topic Accountants
Managerial accounting
Financial management. Business finance. Corporation finance
url https://ir.uitm.edu.my/id/eprint/13686/
https://ir.uitm.edu.my/id/eprint/13686/