banner_ad
doc

Will PwC be punished for lapses?

  Download

The fact that the Satyam fraud went on undetected and uncorrected for years and without any external audit and accounting mechanism picking it up raises serious questions as to the actual degree of implementation and enforcement of such practices as part of a credible, effective and sound auditing system. Also, given that the audit firm in question was also involved in the affairs of Global Trust Bank and DSQ not long ago, it may be relevant to ask what corrective actions were taken by the firm to mitigate or prevent opportunities for fraud, reckless mismanagement, and conflicts of interest raising the potential for such behaviour within its own organisational set-up. #doc
Vinod Jain

on 25 January 2009

Other files by the user
97 times
59 KB
Rating: Total votes : 15

Download Other files in Audit category


Share Report

CCI Pro
Comments

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Trending Downloads

pdf
FAQs on FIIs Exemption
On : 08 June 2026
Download
pdf
FAQs on BIS Exemption
On : 08 June 2026
Download

view more



banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Popular Files


  1. ICAI Releases Code of Ethics 2026 - Vol I
  2. ICAI Releases Code of Ethics 2026 - Vol II
  3. ICAI Releases Code of Ethics 2026 - Vol III
  4. RBI (Urban Co-operative Banks - Governance) Amendment Directions, 2026
  5. RBI Bulletin: May 2026
  6. FAQs on FIIs Exemption
  7. RBI (Rural Co-operative Banks - Governance) Amendment Directions, 2026
  8. FAQs on BIS Exemption

Latest Job Openings

View all
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details