Balance sheets - How to ensure credibility - Satyam Fallout
Vinod Jain
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The Securities and Exchange Board of India's decision to subject all Nifty and Sensex companies to a peer review of their accounting statements, may not be a bad idea, if some pitfalls are avoided.
The idea is that the working papers of the companies' statutory auditors, relating to financial statements, would be reviewed by an independent panel.
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