Examlex
Corporate scandals at firms such as Enron,WorldCom and the Italian firm Parmalat
Diverse
Refers to a variety or a mix of different elements, qualities, or individuals within a particular context.
Problems
Challenges or difficulties that need to be solved or addressed.
IFRS
International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board (IASB) that aim to bring consistency to accounting language, practices, and statements globally.
Used
Pertains to items or assets that have been utilized or consumed, often in contrast to those that are new or unused.
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