Corporate Law : Explore the lessons from Satyam Computers and Enron scandals, their impact on corporate governance, and the role of transparency. ...
Finance : Explore Satyam and PNB scandals in India's corporate world and how government agencies like CBI, SFIO, and ED played a pivotal rol...
Company Law : Satyam fraud case serves as a cautionary tale that highlights the importance of corporate governance and the responsibilities of t...
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 ...
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...
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...
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...
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 ...
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...
CA, CS, CMA, Finance : PwC’s unqualified opinions of Satyam’s financial statements were materially false and misleading… as an accounting expert wh...
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.
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.
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.
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.
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.
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.
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.
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.
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 […]
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 […]
