Abstract
BBooookk rreevviieeww Corporate collapse: accounting, regulatory and ethical failure FFrraannkk LL.. CCllaarrkkee,, GGrraaeemmee WW.. DDeeaann aanndd KKyyllee GG.. OOlliivveerr Second edition, Cambridge University Press, Melbourne 2003, xxviii and 383pp. This Volume is the second edition of a work which first appeared in 1997. Although it escapes comment from the authors, it is significant that they have reordered the subsidiary title from the hitherto "regulatory, accounting and ethical failure" to lead with "accounting" failure, appropriately, given that this is the dominant theme, as it was in the first edition. Moving past the title page, the most substantial change in this new edition is the addition of two chapters dealing with the "new millennium", extending the previous coverage which finished with the 1980s. The resulting 19 chapters comprise (i) a mixture of essays on various aspects of financial reporting, and (ii) case studies consisting of micro-histories of corporate collapses, although there is considerable overlap between these genres through the essays frequently referring to actual corporate failures and the reiteration of essay themes in the case studies. Part I, subtitled "accounting in crisis a farce to be reckoned with" consists of a pair of essays. The first, "chaos in the countingPreview Only. This article cannot be rented because we do not currently have permission from the publisher.
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