Recognizing bankruptcy and bankruptcy in financial statements
Upcoming fraud conference on 14 March 2014
Recognizing bankruptcy and fraud in financial statements - 10 years after L&H, Enron, WorldCom and Parmalat
The super-storm of financial statement frauds has passed. Supervision and corporate governance have been reformed. One thing hasn’t changed: investors still feel unprotected. Auditors fail to report on continuity problems in more than 40% of the cases. Credit rating agencies don’t see more than 60% of the defaults coming.
Four prominent speakers will make an assessment and propose solutions: Registered auditor Luc TOELEN (RSM), Professor Marleen WILLEKENS (KUL), Credit rating expert Willem OKKERSE (OK Rating Institute), and Deputy Chief Executive of the Fédération européenne des experts-comptables Hilde BLOMME (FEE). Subsequently journalist Lars BOVÉ (De Tijd) will moderate a panel debate with the four speakers.