Regulatory Requirements and relevance in Audit of Cost Records

By: Contributor(s): Material type: ArticleArticlePublication details: Description: 66-77 pSubject(s): Online resources: In: Management Accountant; 52(4) April 2017Summary: There have been numerous occurrences of Internal Control failures that have shaken the global corporate world. We recollect Enron, WorldCom, Ranbaxy, Satyam, Reebok and Volkswagen to name a few. So, what did go wrong in these companies?
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There have been numerous occurrences of Internal Control failures that have shaken the global corporate world. We recollect Enron, WorldCom, Ranbaxy, Satyam, Reebok and
Volkswagen to name a few. So, what did go wrong in these companies?

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