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Enhancing Financial Transparency and Accountability: A Case Study of Satyam Computers & Enron Corporations

Corporate Law : Explore the lessons from Satyam Computers and Enron scandals, their impact on corporate governance, and the role of transparency. ...

March 21, 2024 300 Views 0 comment Print

Satyam & PNB Scandals: A Wake-Up Call for India’s Enforcement & Investigating Agencies

Finance : Explore Satyam and PNB scandals in India's corporate world and how government agencies like CBI, SFIO, and ED played a pivotal rol...

September 15, 2023 1800 Views 1 comment Print

When The Numbers Didn’t Add Up: The Satyam Scandal Explained

Company Law : Satyam fraud case serves as a cautionary tale that highlights the importance of corporate governance and the responsibilities of t...

February 8, 2023 9933 Views 0 comment Print

Reminiscences of Corporate Governance from Satyam Fraud

Company Law : Satyam Case is a tale of irony in the name of the company. The word ‘Satyam’ means truth whereas the Satyam Case is about the ...

July 28, 2020 9036 Views 2 comments Print

SAT Order – PWC Satyam Case

CA, CS, CMA : It is ripe time for ICAI to take initiative and show leadership in conveying and educating the investors, regulators and other sta...

September 13, 2019 6099 Views 0 comment Print


Latest News


TDP alleges Andhra CM's son got money from Satyam

CA, CS, CMA : The gloves are off in the fight between the Union Government and Opposition on who is helping scam-tainted Satyam Computer Service...

February 19, 2009 282 Views 0 comment Print

Price Waterhouse heads for a disgraceful exit at SATYAM

CA, CS, CMA : Tainted Satyam auditor Price Waterhouse heads for a disgraceful exit as the new board of the IT Company is believed to have initia...

February 18, 2009 300 Views 0 comment Print

Satyam bidders will not get to see Accounts before bidding

CA, CS, CMA : The suitors seeking to take over the scam-hit Satyam Computers will not be able to go through the restated financial statement or ...

February 15, 2009 261 Views 0 comment Print

IT officials served notice to Raju for evading taxes

CA, CS, CMA : The cup of woes for B Ramalinga Raju seemed to be full as income tax officials drove down to the Chanchalguda jail on Thursday and...

February 15, 2009 495 Views 0 comment Print

Inside the secret world of auditing : Business Today

CA, CS, CMA, Finance : PwC’s unqualified opinions of Satyam’s financial statements were materially false and misleading… as an accounting expert wh...

February 14, 2009 411 Views 0 comment Print


Latest Posts in satyam

Enhancing Financial Transparency and Accountability: A Case Study of Satyam Computers & Enron Corporations

March 21, 2024 300 Views 0 comment Print

Explore the lessons from Satyam Computers and Enron scandals, their impact on corporate governance, and the role of transparency. Learn how the Companies Act, 2013 ensures financial accountability.

Satyam & PNB Scandals: A Wake-Up Call for India’s Enforcement & Investigating Agencies

September 15, 2023 1800 Views 1 comment Print

Explore Satyam and PNB scandals in India’s corporate world and how government agencies like CBI, SFIO, and ED played a pivotal role in uncovering these financial frauds.

When The Numbers Didn’t Add Up: The Satyam Scandal Explained

February 8, 2023 9933 Views 0 comment Print

Satyam fraud case serves as a cautionary tale that highlights the importance of corporate governance and the responsibilities of the board of directors, independent directors, and audit committee in ensuring the transparency and accuracy of a company’s financial statements.

Reminiscences of Corporate Governance from Satyam Fraud

July 28, 2020 9036 Views 2 comments Print

Satyam Case is a tale of irony in the name of the company. The word ‘Satyam’ means truth whereas the Satyam Case is about the untruthful deeds by the promoters of the company. Satyam was a public-listed company enjoying high level international reputation.

SAT Order – PWC Satyam Case

September 13, 2019 6099 Views 0 comment Print

It is ripe time for ICAI to take initiative and show leadership in conveying and educating the investors, regulators and other stakeholders about the need to constructively assess the performance/review conducted by the auditor and then come to conclusion whether the auditors have failed to take reasonable procedures to identify the fraud.

TDP alleges Andhra CM's son got money from Satyam

February 19, 2009 282 Views 0 comment Print

The gloves are off in the fight between the Union Government and Opposition on who is helping scam-tainted Satyam Computer Services Ltd. The Opposition charges the Congress-led United Progressive Alliance (UPA) Government of being hand-in-gloves with the Andhra Pradesh government led by YS Rajashekhar Reddy.

Price Waterhouse heads for a disgraceful exit at SATYAM

February 18, 2009 300 Views 0 comment Print

Tainted Satyam auditor Price Waterhouse heads for a disgraceful exit as the new board of the IT Company is believed to have initiated steps to remove the auditor midway. Sources said the new board will approach the central government with this proposal and then take it up with the company’s shareholders.

Satyam bidders will not get to see Accounts before bidding

February 15, 2009 261 Views 0 comment Print

The suitors seeking to take over the scam-hit Satyam Computers will not be able to go through the restated financial statement or the  third quarter results prior to the bidding, a senior company official said.

IT officials served notice to Raju for evading taxes

February 15, 2009 495 Views 0 comment Print

The cup of woes for B Ramalinga Raju seemed to be full as income tax officials drove down to the Chanchalguda jail on Thursday and served a notice on him for evading taxes. According to sources, the former Satyam chief refused to accept the summons without consulting his lawyer first. However, he relented after the […]

Inside the secret world of auditing : Business Today

February 14, 2009 411 Views 0 comment Print

PwC’s unqualified opinions of Satyam’s financial statements were materially false and misleading… as an accounting expert which consented to the use of its unqualified audit opinions, PwC is liable for the material misrepresentations or omissions… Excerpt from a Class Action Complaint against Satyam, Ramalinga Raju, Rama Raju, Srinivas Vadlamani and PricewaterhouseCoop ers filed in a […]

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