Question:
Research on the high-profile corporate scandals (Carillion Scandal) and to prepare a report in relation to your case. This assignment directly considers the interplay between accounting scandals and professional ethics and will allow you to link these ideas back to other concepts you have learned during the course of your study.
- Carillion (2018)
- https://www.theguardian.com/commentisfree/2018/may/20/carillion-auditors-recklessness-hubris-greed
Instruction:
- In your report you are asked to consider the following points:
- Analyse what happened in your selected company, including any consequences (e.g. political, social, economic, etc.) and identify the ethical issues in the case (hint: you will need to locate an appropriate ethical framework to assist you with this task).
- Identify the stakeholders relevant to your chosen scandal and explain how they are relevant.
- Apply one or more of the theories discussed in the (Contemporary issues and accounting) course to explain why the situation may have occurred.
o What evidence is there in support of your selected theoretical approach? - How do you think the situation might have been prevented? (hint: your theoretical analysis will help you answer this question as will articles and studies available from the wider academic literature)
- What lessons do you believe your selected corporate scandal contains for the accounting profession? These comments should be specific as opposed to generic.
