Articles by Sushil krishnan

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The Curious Case of PwC and Ramalinga Raju's Satyam

Posted by Sushil krishnan 29 September 2014 33042 Views

Satyam's case has been widely regarded as the debacle of the Indian Financial System. The case of Satyam is often referred to as "India's Enron"(Enron was a US based company which was inflicted with a similar accounting fraud). It w

Oligopoly of the Big 4s

Posted by Sushil krishnan 22 September 2014 14560 Views

Since at least the 1980s the audit market has functioned as an Oligopoly with few large firms providing the auditing services to the majority of large companies. The past three decades have seen a steady tightening of the oligop