carillion in liquidation 2018

Questions for discussion 1. Who do you think is responsible for this situation arising over time - the directors or the Companies Auditing Firm, and why? 2. In July 2017 financial difficulties were acknowledged. What should have been done at this stage by a) the Directors; b) the Auditing Company. 3. Should the UK Government have got involved and if so why? 4. What are the key lessons to learn from the three major projects which caused Carillion to get into difficulties? 5. The ultimate stakeholders in these three projects were the UK Government. What does this case say about the Governments handling of the vendor (Carillion) and what would you have done differently if you were leading the Governments projects