Satyam Scam: US bars two PwC auditors

Satyam Scam – US bars two PwC auditors

In connection with the multi-billion dollar Satyam scam, the US auditing watchdog has barred from public practice two Indian auditors associated with the IT firm’s former auditor PriceWaterhouseCoopers.

As per an order from the Public Company Accounting Oversight Board, the two Indians — Siva Prasad Pulavarthi and Chintapatla Ravindernath — have been barred from being associated with any registered public accounting firm.

Source www.forum4finance.com