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September 27, 2025International Journal of Advanced Research

From Scandals to Standards: The Evolving Importance of Financial Reports in Corporate Governance

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Authors

ZIZubair IqbalInstitute of Chartered Financial Analysts of India

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Overview

This paper analyzes financial statement fraud and reform efforts in corporate governance, highlighting emerging standards.

Key Points

  • Financial reports are essential for corporate governance and market stability, particularly post-scandals.
  • Analysis of recent scandals like Wirecard and Luckin Coffee exposes vulnerabilities in financial reporting.
  • Reforms such as ISSB standards and the CSRD aim to enhance accountability in financial reporting.
  • Policy recommendations suggest auditor independence and technology adoption to restore stakeholder confidence.

Cite This Study

Zubair Iqbal (2025) studied this question.

synapsesocial.com/papers/68d7be6ceebfec0fc5238082https://doi.org/10.21474/ijar01/21699
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