India's Stinking Auditors - Satyam Scandal - Part Two
Publisher's Description
This is a sequel to Satyam Scandal in India. The author investigates like a forensic detective where the Auditors went wrong and how could they have missed the mountain and searched for a mole. The fraud could have been easily detected by the Auditor Price Waterhouse, India Chapter, which is part of Price Waterhouse Coopers, USA. The author points out exact mistakes committed by the Auditors. This shows the inadequacies of the accounting standard. While Investors depend on the Auditors for proper accounts so that they are not taken for a ride, the Auditors behave negligently and certify most of the accounts of listed companies based on relationship with the management or some other considerations
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Categories
business, people
Tags
news & politics / india / satyam / accounting fraud / con men / price waterhouse coopers / price waterhouse / ramalinga raju / scandal
Language
English
Privacy
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