On Report On | Satyam Scandal | | March 04‚ 2013 | | Satyam Scandal | | March 04‚ 2013 | Abstract The purpose of this report is to highlight the ethical issues involved‚ wrongdoings by the top management of the Satyam Computer services‚ and some ways adopted by government
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listed and 45 were part of BSE 500 Index Including Satyam. Whenever we talk about Unethical governance in accounting practices the 1st and foremost name which comes in to our mind is of Price Water house Coopers‚ PwC has followed unethical governance with many of its clients. But‚ It came into limelight is Indian scenario in a broader aspect due to the fraudulent activity done by Satyam (Ramalinga Raju) with the accounting books. After the Satyam scandal PwC Realized the Importance of ethical Corporate
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SATYAM SCANDAL I. Analyze the case and respond to the following questions: (a) Discuss the earnings management techniques employed by the management of Satyam. In this case of Satyam‚ I can conclude that the obvious technique employed by the said management are: 1. “Big Bet on The Future”. When an acquisition occurs‚ the company acquiring the other is said to have made a big bet on the future. As refer to this case‚ Ramalingam Raju the Chairman of Satyam Computer Services Ltd
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Open Journal of Accounting‚ 2013‚ 2‚ 26-38 http://dx.doi.org/10.4236/ojacct.2013.22006 Published Online April 2013 (http://www.scirp.org/journal/ojacct) Corporate Accounting Fraud: A Case Study of Satyam Computers Limited Madan Lal Bhasin Bang College of Business‚ KIMEP University‚ Almaty‚ Republic of Kazakhstan Email: madan.bhasin@rediffmail.com Received January 15‚ 2013; revised March 12‚ 2013; accepted March 28‚ 2013 Copyright © 2013 Madan Lal Bhasin. This is an open access article distributed
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Andhra High Court Ledalla Ravichandar And Another vs M/S Satyam Computer Services ... on 7 February‚ 2011 THE HON’BLE SRI JUSTICE N.R.L. NAGESWARA RAO CITY CIVIL COURT APPEAL No. 259 OF 2002 07-02-2011 Ledalla Ravichandar and another M/s Satyam Computer Services Limited‚ A Public Limited Company‚ represented by Authorised Signatory Counsel for the Appellants: Ledalla Ravichandar and another Counsel for the Respondent: M/s Satyam Computer Services Limited‚ a Public Limited Company Rep
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2010 - Indian scam Decade of worth `.73000000000000 India a.k.a Mother India - Land of over Democracy‚ has been denigrated by Greed‚ graft‚ politics‚ bribery & dirty money. As we are coming to an end of a scammed year (hopefully the last). It might be exasperating to many Indians that the worth of this decade’s scams has reached a new high of 73 Lakh crores. It’s hard to digest isn’t it? Here are the details (year wise): 2001 - UTI scam `. 4‚800 cr Dinesh Dalmia stock scam `. 595 cr Ketan
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11/18/2014 Students of MSc. Financial and Managerial Accounting • Sonia Saher • Mohammad Waqas • Lu Tran Diem Trinh • Xin Wang 2 Roadmap: Introduction to Satyam and agency conflict overview Stakeholders at Satyam (presenter M. Waqas) Inadequacy in Satyam’s Corporate Governance (Presenter Trinh) Suggestions to save Satyam ship (Presenter Xin) Questions will be entertained at the end 11/18/2014 3 B. Ramalinga Raju‚ January 7th 2009 "It was like riding a tiger‚ not knowing how to get
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Satyam Story: Many Lessons to be Learnt Ramalingam Raju along with 2 other accused of the scandal‚ were granted bail from Supreme court on 4 November 2011 as the investigation agency CBI failed to file the chargesheet even after more than 33 months of Raju being arrested. Raju had appointed a task force to address the Maytas situation in the last few days before revealing the news of the accounting fraud. After the scandal broke‚ the then-board members elected Ram Mynampati to be Satyam’s interim
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Nigerian Scams - 419 Scam Information Nigerian‚ or "419"‚ scams are one of the most common types of fraudulent email currently hitting inboxes. Nigerian scam messages can also arrive via fax or letter. The messages generally claim that your help is needed to access a large sum of money‚ usually many millions of dollars. In fact‚ this money does not exist. The messages are an opening gambit designed to draw potential victims deeper into the scam. Those who initiate a dialogue with the scammers
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company actually share a fiduciary relationship with the shareholders and observe the principle of conflict of interest. There are some compelling reasons for them to alienate liabilities given the dramatic effects of financial disarray as in the case of Satyam. Keywords India‚ Corporate
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