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Book Cover
E-book
Author Mishra, Sanjay Kumar, author

Title Satyam financial statement fraud (a) / Sanjay Kumar Mishra, Beenish Hussain
Published London : SAGE Publications: SAGE Business Cases Originals, 2022

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Description 1 online resource
Series SAGE business cases
SAGE business cases
Summary In 2009, the then chairman of Satyam Computer Services Limited, India, confessed to financial irregularities, which led to a series of grave felonies, including massive financial and securities fraud. In his statement, he confessed that the irregularities in the company financial statements had arisen on account of inflated profit over a period of years. Later, the investigation into the financial reporting process at Satyam and the effectiveness of internal control over financial reporting highlighted that the weakness of the governance system and ineffective control over financial reporting allowed promoters of Satyam to propagate the financial statement fraud. Students will be asked to assess the culpability of the board governing performance and examine the factors that resulted in financial statement fraud at Satyam
Bibliography Includes bibliographical references and index
Notes Description based on XML content
Subject Misleading financial statements -- India -- Case studies
Accounting fraud -- India -- Case studies
Accounting fraud.
Misleading financial statements.
India.
Genre/Form Case studies.
Form Electronic book
Author Hussain, Beenish, author
ISBN 9781529797602
1529797608