Creative Accounting

A sketch on Satyam turd through seminal news report In the partial fulfillment of the furrow ECON GC281 Fundamentals of Finance & Accounts BITS-Pilani Goa Campus Submitted By Ramil Sobti Nikita Bharadia Vaibhav Gupta Tanushriya Singh 2006B4A8661G 2008A3PS154G 2008A7PS006G 2008a8ps263G Acknowledgement We would like to thank Mrs. Pinky Pawaskar for her guidance and opportunity to pull through this report and widen our thoughts on the topic of creative accounting techniques.  panel of content Acknowledgement 1. Introduction 2. Chronology of events 3. Satyam unfolding the scam. 4. Stock movements pre and dapple scandal 5. Scandal aftermath 6. Conclusion 7. References Introduction unified scandals argon a international phenomenon. India is not immune. India has a young, extensive and immobile growing corporate scenario leading to huge FDI inflows back up to come through a higher GDP in the times of world(prenominal) recession. Indian firms need to establish combining and maintain an consider on the global level to pass off the success stories running. The Satyam scandal is an indication for the lack rules and regulations of corporate organization in India. Satyam calculator Services Ltd. is a consulting and information engine room Services ships companionship based in Hyderabad, India. It was found in 1987 by B.

Ramalinga Raju. The company offers information technology (IT) services spanning versatile sectors, and is listed on the sassy York Stock Exchange and Eur sensationxt. It is considered as an figure among the IT companies and at one point had over billion horse revenue. Satyams network covers 67 countries across si x continents. The company employs 40,000 IT ! professionals across development centers in India, the United States, the United Kingdom, the UAE, Canada, Hungary, Singapore, Malaysia, China, Japan, Egypt and Australia. It serves over 654 global companies, 185 of which are part 500 corporations. Satyam has strategic technology and marketing alliances with over 50 companies. Apart from Hyderabad, it has...If you want to get a full essay, run it on our website: OrderEssay.net

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