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Tracked by: 0 Boarder
PWC , hello they are great auditors , by the way who is not ??? I mean US sub Prime , Credit Rating companies , Audirors , In short all the professionals ......
Well thats why they always preach professional management.
...
In reply to:
Outraged auditors see action from regulators ahead
Posted by :
MMB Messenger
The Satyam scam has evinced wide-ranging responses from auditors — but mainly one of shock. Shailesh Haribhakti of Haribhakti Group said he was, “absolutely shocked after hearing about the Satyam scam.” Action, he said, will now be taken by regulators at every level. 
Tracked by: 0 Boarder
Ram Mynampati, the interim CEO of Satyam is incidently the highest paid individual at Satyam as per its Annual Report \...
In reply to:
Let`s fight together: Satyam Interim CEO to employees
Posted by : MMB Messenger
Ram Mynampati, the interim CEO who has taken over Satyam after the Rs 5,000 crore-plus scandal that rocked the company, has written to his employees. Mynampati said his top priority would be to increase focus on transparency, integrity and ethics.
Tracked by: 2 Boarders
Just when the sensex was showing signs of recovery, came this bombshell. Now again back to sqare one once again....
In reply to:
Raju admits fraud; Satyam books inflated of Rs 5040cr
Posted by : blackshirt12
Well said..
The truth may be that the persons to whom he made confession are more corrupt than him..
At least the concerned minister seemed so.. ROFL...
Tracked by: 2 Boarders
Auditors are required to verify and check the bank and cash balance as on 31st March....
In reply to:
Raju admits fraud; Satyam books inflated of Rs 5040cr
Posted by :
ravisinhar
More than Raju What were the Auditors and CFO\
Tracked by: 2 Boarders
That is also possible. Nothing can b ruled out....
In reply to:
Raju admits fraud; Satyam books inflated of Rs 5040cr
Posted by : blackshirt12
Well said..
The truth may be that the persons to whom he made confession are more corrupt than him..
At least the concerned minister seemed so.. ROFL...
Tracked by: 1 Boarder
but lic wrote it is very responcible and have good analyst pl wait and blive in lic ...
In reply to:
LIC still confident about Satyam`s potential as a Co
Posted by :
parnasri
What an irresponsible remarks from LIC hardly to believe!
Tracked by: 2 Boarders
Well said..
The truth may be that the persons to whom he made confession are more corrupt than him..
At least the concerned minister seemed so.. ROFL......
In reply to:
Raju admits fraud; Satyam books inflated of Rs 5040cr
Posted by : spiderman_web
Raju should be given Padmashree for his honest admission of the fraud, had he not admited it today, this whould have continued for many more years, given the present type of rules and audit systems and stupid controllership corp covernance, it\
Tracked by: 1 Boarder
I Think this is conspiracy is done after joining the hands with the Company Auditor. Without his knowledge this cannot happen,
Fortunately I am also a Chartered Accountant.
The auditors of the All the Listed company should be appointed by the SEBI & there should be joint Auditors. Who shall be small or Proprietorship concern auditors who are directly involved in the audit.
In BIG four audit firm the Partners are virtually a servant only, for name sake they are partner
We should look at the auditing system in India
The CA Institute should come forward and take some Initiative
They should not be spectator
...
In reply to:
Outsourcing might be affected post Satyam scam: Infosys
Posted by : MMB Messenger
Commenting on resignation of Satyam Chairman, Ramalinga Raju, Mohandas Pai, Head-HR Administration, Infosys, said, outsourcing clients will take a more cautious approach now and people having large exposure to outsourcing will consolidate and work to minimise the risk.
Tracked by: 1 Boarder
I Think this is conspiracy is done after joining the hands with the Company Auditor. Without his knowledge this cannot happen,
Fortunately I am also a Chartered Accountant.
The auditors of the All the Listed company should be appointed by the SEBI & there should be joint Auditors. Who shall be small or Proprietorship concern auditors who are directly involved in the audit.
In BIG four audit firm the Partners are virtually a servant only, for name sake they are partner
We should look at the auditing system in India
The CA Institute should come forward and take some Initiative
They should not be spectator
...
In reply to:
Outsourcing might be affected post Satyam scam: Infosys
Posted by : MMB Messenger
Commenting on resignation of Satyam Chairman, Ramalinga Raju, Mohandas Pai, Head-HR Administration, Infosys, said, outsourcing clients will take a more cautious approach now and people having large exposure to outsourcing will consolidate and work to minimise the risk.
Tracked by: 0 Boarder
This was a fear which markets had that Ramalinga Raju is trying to bailout some of the companies and he is in a difficult financial mess. But it went beyond that today when he himself confessed in a letter saying that the cash and cash balances are inflated by over Rs 5,000 crore....
Tracked by: 1 Boarder
I Think There is a consperacy with the Company Auditor aslo, Without his knowledge this cannot happen, Fortunatly I am also a Chartered Accountant.
The auditors of the All the Listed company should be appointred by the SEBI & there should be joint Auditors. Who shall be small or Propereitorship concern auditors who are directly involved in the audit.
In BIG four audit firm the Partners are virtually a servent only, for name sake they are partner
We shoul look at the auditing system in india ...
In reply to:
Outsourcing might be affected post Satyam scam: Infosys
Posted by : MMB Messenger
Commenting on resignation of Satyam Chairman, Ramalinga Raju, Mohandas Pai, Head-HR Administration, Infosys, said, outsourcing clients will take a more cautious approach now and people having large exposure to outsourcing will consolidate and work to minimise the risk.
Tracked by: 1 Boarder
I Think There is a consperacy with the Company Auditor aslo, Without his knowledge this cannot happen, Fortunatly I am also a Chartered Accountant.
The auditors of the All the Listed company should be appointred by the SEBI & there should be joint Auditors. Who shall be small or Propereitorship concern auditors who are directly involved in the audit.
In BIG four audit firm the Partners are virtually a servent only, for name sake they are partner
We shoul look at the auditing system in india ...
In reply to:
Outsourcing might be affected post Satyam scam: Infosys
Posted by : MMB Messenger
Commenting on resignation of Satyam Chairman, Ramalinga Raju, Mohandas Pai, Head-HR Administration, Infosys, said, outsourcing clients will take a more cautious approach now and people having large exposure to outsourcing will consolidate and work to minimise the risk.
Tracked by: 0 Boarder
I Think There is a consperacy with the Company Auditor aslo, Without his knowledge this cannot happen, Fortunatly I am also a Chartered Accountant.
The auditors of the All the Listed company should be appointred by the SEBI & there should be joint Auditors. Who shall be small or Propereitorship concern auditors who are directly involved in the audit.
In BIG four audit firm the Partners are virtually a servent only, for name sake they are partner
We shoul look at the auditing system in india ...
In reply to:
Outraged auditors see action from regulators ahead
Posted by : MMB Messenger
The Satyam scam has evinced wide-ranging responses from auditors — but mainly one of shock. Shailesh Haribhakti of Haribhakti Group said he was, “absolutely shocked after hearing about the Satyam scam.” Action, he said, will now be taken by regulators at every level.
Tracked by: 1 Boarder
I Think There is a consperacy with the Company Auditor aslo, Without his knowledge this cannot happen, Fortunatly I am also a Chartered Accountant.
The auditors of the All the Listed company should be appointred by the SEBI & there should be joint Auditors. Who shall be small or Propereitorship concern auditors who are directly involved in the audit.
In BIG four audit firm the Partners are virtually a servent only, for name sake they are partner
We shoul look at the auditing system in india ...
In reply to:
Outsourcing might be affected post Satyam scam: Infosys
Posted by : MMB Messenger
Commenting on resignation of Satyam Chairman, Ramalinga Raju, Mohandas Pai, Head-HR Administration, Infosys, said, outsourcing clients will take a more cautious approach now and people having large exposure to outsourcing will consolidate and work to minimise the risk.
Tracked by: 0 Boarder
ALL THIS MAKES SAD READING..............Why has moneycontrol given a picture of a smiling Raju? It should have been a sad picture.Change it please....
In reply to:
Ramalinga Raju`s letter to Board
Posted by : MMB Messenger
Here is the content of outgoing Satyam Chairman B Ramalinga Raju`s letter to the Board who resigned after admitting to the scandal at company.
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Udayan's Market Outlook
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Satyam: A cleverly crafted scam | |
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| Udayan Mukherjee, Stocks Editor, TV18 | ||
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Popular Boarders 7days| 250 | |
| 232 | |
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Top Tracked 7days| 903 | |
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