Palmer&Harvey:A Case of Governance and Audit Failure  

作　　者：Nigel Garrow Ifedapo Francis Awolowo 

机构地区：[1]Sheffield Hallam University,Sheffield,UK

出　　处：《Journal of Modern Accounting and Auditing》2018年第7期390-398,共9页现代会计与审计（英文版）

摘　　要：Palmer&Harvey(P&H)is a recent example of a UK corporate failure which raises questions about current corporate governance practice,the quality and integrity of audit reporting,and the“sugar coating”of Annual Reports.P&H is but one example of UK firms currently struggling to survive,or failing.The paper presents some details about the P&H case,and then considers questions about corporate governance practice,and whether it is designed to truly safeguard the interests of stakeholders;it raises questions about conventional audit reporting,and whether it is too limited in its analysis and reporting.The paper recommends a strengthening of corporate governance guidelines and practice within the terms of the current Financial Reporting Council(FRC)review,and a wider adoption of forensic accounting practice and reporting,in part taking account of the impact of behavioural factors in management practice.A wider study is proposed to take this analysis and discussion further.

关 键 词：CORPORATE GOVERNANCE AUDIT FAILURE CORPORATE FAILURE AGENCY theory forensic accounting 

分 类 号：F239[经济管理—会计学]