The minutes of Satyam's audit committee meeting, held on October 17, revealed today that a representative of the statutory auditor Price Waterhouse told the committee that "no significant risks and exposures have been noticed during our audit of the finan...
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When Price Waterhouse, auditors of Satyam for over eight years, has informed the scam-ridden IT firm's new board that its audit of the company's financials could be "inaccurate and unreliable" in view of the financial irregularities disclosed by Ramalinga...
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The Satyam saga gets murkier. Now it has come to light that its auditor, Pricewaterhouse, furnished the company with a "wrong" PAN. Confirming this Institute of Chartered Accountants of India (ICAI) has said it would take "disciplinary action" against th...
Posted on 17 January 2009 (Downloads: 230) Audit
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