Creative Accounting

A study on Satyam turd through original news report In the partial fulfillment of the rail line 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.  slacken of content Acknowledgement 1. Introduction 2. Chronology of events 3. Satyam unfolding the scam. 4. Stock movements pre and blot scandal 5. Scandal aftermath 6. Conclusion 7. References Introduction corporeal scandals argon a international phenomenon. India is not immune. India has a young, gigantic and immobile growing corporate scenario leading to huge FDI inflows dowery to come through a higher GDP in the times of planetary recession. Indian firms need to estab lish cartel and maintain an consider on the global level to donjon the success stories running. The Satyam scandal is an indication for the lack rules and regulations of corporate governance in India. Satyam calculator Services Ltd. is a consulting and information engineering Services ships companionship based in Hyderabad, India. It was found in 1987 by B.

Ramalinga Raju. The company offers information technology (IT) services spanning mingled sectors, and is listed on the sassy York Stock Exchange and Eur sensationxt. It is considered as an word picture among the IT companies and at one point had over bill ion one dollar bill revenue. Satyams networ! k covers 67 countries crosswise six 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 merchandise alliances with over 50 companies. Apart from Hyderabad, it has...If you want to get a full essay, run it on our website: OrderCustomPaper.com

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