Guardians of accountability: Accounting professionals’ roles in fraud prevention and early internal detection
Journal: Accounting Forum
Scandals involving accounting and financial reporting have continued to disrupt markets, organisations, and professional reputations despite decades of regulatory reform and intensified audit scrutiny. High-profile cases such as Enron, Parmalat, Wirecard, Carillion, and various audit failures involving major firms such as KPMG, EY, and PwC, have led to renewed public scrutiny of the accounting profession’s role in s…