Despite the increasing concern on the auditors to reveal the going concern ability of the client, it would be apparent from the literature reviewed that in many cases corporate failure was not perceived by a going-concern modified opinion in the independent auditor’s report.
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As a prelude to the discussion on theoretical perspective of CSR, this section focuses on the two distinct research approaches to CSR in th...
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One of the best-known models for predicting corporate financial distress is the Altman’s Z-Score model (Altman, 1968, 1983, 1993). This mode...
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Despite the increasing concern on the auditors to reveal the going concern ability of the client, it would be apparent from the literature ...
Early Warning Signals of Corporate Collapse - Rats Desert the Sinking Ship
Rats desert the sinking ship is an old English proverb which is used to indicate that people start to bail out on a project or abandon co...