IDEAS home Printed from https://ideas.repec.org/a/cmj/seapas/y2014i5p381-384.html
   My bibliography  Save this article

The Conflict Of Interest And The Influence On The Finacial Statements Of A Company

Author

Listed:
  • Meral KAGITCI

    (The Bucharest University of Economic Studies)

  • Oana Gabriela SPIRIDON,

    (Universite Paris 1 Pantheon-Sorbonne)

Abstract

The financial crisis revealed serious imperfections in the integrity of the financial system, exposing major cases of fraud and conflict of interest. This integrity deficitis a cause for con-cern,given the roles of the information in the decision making process and on the financial-market. Further more, the European audit system has been questioned following the fact that the quality of audits has been criticised by the investors. These events have revealed the failure of the auditing system to deliver true independent assurance, being based in many cases by a certain degree of conflict of interests.

Suggested Citation

  • Meral KAGITCI & Oana Gabriela SPIRIDON,, 2014. "The Conflict Of Interest And The Influence On The Finacial Statements Of A Company," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 5, pages 381-384, November.
    • Handle: RePEc:cmj:seapas:y:2014:i:5:p:381-384
    as

    Download full text from publisher

    File URL: http://seaopenresearch.eu/Journals/articles/SPAS_5_53.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Audit; Consulting; Risk; Big four; Financial crisis;
    All these keywords.

    JEL classification:

    • G00 - Financial Economics - - General - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cmj:seapas:y:2014:i:5:p:381-384. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Serghie Dan (email available below). General contact details of provider: https://seaopenresearch.eu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.