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Skyworth Digital Holdings
E/F/85. Accounting Scandals: Xerox Inc Vs Skyworth Digital Holdings
- WORDS:
- 6500
- DATE:
- 2006
- PRICE:
- 69.99 GBP
The paper examines accounting standards in the Eastern and Western economies reporting on the corporate scandals that broke in Xerox and in Skyworth Digital Holdings after the disclosure of their financial manipulations. Fundamental features of financial statements and the principles of corporate governance are outlined, the causes of the misdeeds and the managerial failures in both companies are analysed. The lessons drawn from the scandals are discussed.
KEYWORDS: Accounting standards, Xerox, Skyworth Digital Holdings, scandal,
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