Carillion demise brings lessons in compliance
The collapse of U.K. construction firm Carillion points to a need for compliance to step up to the plate and conduct its own due diligence, regardless of where the markets may lead.
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
ArticleChartered IIA publishes new Internal Audit Code of Practice
The Chartered Institute of Internal Auditors announced the publication of new guidance intended to serve as an industry benchmark to improve the effectiveness of internal audit functions.
-
ArticleInterserve: Carillion Part II
In an almost carbon copy of the Carillion collapse, peer contracting firm Interserve went into administration on Friday due to a majority of its shareholders rebelling against a debt cancellation deal that would have seen their investment at even lower levels than the deal that was finally agreed to.
-
Article
The Big Four in the U.K.: Breaking up is hard to do
The latest recommendation to break up the Big Four accountancy firms from the two parliamentary committees investigating the collapse of construction firm Carillion is hardly a new idea, but is it possible?