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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Before the summer of 1972‚ the word "Watergate" meant nothing more than an office and luxurious apartment complex in Washington‚ D.C. As a result of a "third-rate burglary" on June 17 of that year‚ it came to be associated with the greatest political scandal of that century and would change the lives of the many people involved — especially President Richard M. Nixon. While doing his rounds at the Watergate Hotel in the early morning of June 17‚ 1972‚ security guard Frank Wills found a door‚ located
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HIH Insurance Company Background HIH was originally found in 1968 by Ray Williams‚ then was acquired by British company CE Health PLC in 1971‚ and renamed as "HIH" in 1995. Before its collapse‚ HIH was the second largest insurance company in Australia‚ and covered several insurance segments‚ including worker’s compensation‚ public and private liability‚ property‚ industrial and commercial insurance. It also expanded globally into the US and UK markets. On March 15‚ 2001‚ HIH insurance was
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primarily showed up in daily newspapers and appealed more to a male audience‚ rather than a wider female audience that Fern had obtained in her writings as a social critic. In the readings “Tom Pax’s Conjugal Soliloquy‚” Fanny Fern and “The Speech of Miss Polly Baker‚” by Benjamin Franklin‚ they both demonstrate opposite gender roles‚ illustrate situations in which women are not being paid attention to‚ and their audiences appeal to the gender role opposite to the
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2013 The Many Meanings of Scandal Themes * Slander * Attacks on personal and public reputation * Take people to court for slander * Print Media * Publicity * Personal Attacks * Gossip * The engine of scandal * Doesn’t have to be true * Public figures * The most likely figures. They invite scandal because they are in the public sphere. Slander has been limited to people who stay private. Etymology of Scandal * Greek meaning – Skandalon
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Huckleberry Finn by Mark Twain‚ Aunt Polly is a minor character but her role is very important. She is Tom Sawyer’s aunt and also his guardian. Aunt Polly is a sharp woman who tries to keep Tom Sawyer and Huck Finn out of trouble. She is a character that is fearsome‚ respectable‚ and loved. When Huck Finn sees Aunt Polly at Aunt Sally’s house he say she was “looking as sweet and contented as an angel half-full of pie‚ I wish I may never!” (1460). Huck Finn describes Aunt Polly in a loving way but he also
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accurate financial reports that are useful to managers‚ regulators and other stakeholders such as shareholders‚ creditors or owners (Financial Accounting Info‚ 2006). Inefficiencies in the processes of accounting may amount to a professional scandal. Accounting scandals or fraud can be explained in various ways. Accounting fraud is a deliberate and improper manipulation of the recording of sales revenue and/or expenses in order to make a company ’s profit performance appear better than it actually
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Principal Baggins Anytown High School Anytown‚ Connecticut Dear Principal Baggins‚ First and foremost I would like to say that I sympathize with your situation. It is a challenging one on a good day! On one hand‚ you have a dedicated‚ hard-working‚ deserving individual that has made a mistake that may affect all of the strenuous efforts she has put forth throughout her school years. Albeit only one mistake‚ it is a considerable one. On the other hand‚ you have another student equally dedicated
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Would Die‚ by Robert Newton Peck‚ is a classic novel for young adults that signifies the importance of life‚ family‚ and traditions. The author of the book‚ Robert Peck‚ who is also the main character in the story‚ wrote about the hardships and happiness of his life. The book has a lot of lessons and advises from Roberts life experience. Even thought he is just a thirteen year old teenager‚ he has gone through a lot. The book A Day No Pigs Would Die‚ by Robert Newton Peck‚ should not be banned from
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RECOMMENDATION 1) CORPORATE CULTURE Corporate culture and ethics are very important source to sustain positive working environment in an organization. Based on the pattern that caused the fraud‚ the management style of HealthSouth is clearly practice very authoritative which the reason for Richard orders fulfilled dutifully in order to partake in the fraudulent schemes. It’s clearly stated that the company not practicing a strong code of ethics. It has been proved that an effective antifraud
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