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Satyam Scam - PWC banned for 2 years...

Chalanachithram.com DB » New TF Industry Related » Archive through January 12, 2018 » Satyam Scam - PWC banned for 2 years « Previous Next »
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Rajusk
Legend
Username: Rajusk

Post Number: 60627
Registered: 02-2008
Posted From: 170.74.248.19

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Posted on Thursday, January 11, 2018 - 01:38 pm:       


Last_avataar:

before his son came into picture with Maytas and his alliance with Ruling party YSR, EVERYTHING was ok




basically iddarki "son" stroke tagilindi antaru aithe..
 

Last_avataar
Hero
Username: Last_avataar

Post Number: 10129
Registered: 09-2012
Posted From: 139.71.144.9

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Posted on Thursday, January 11, 2018 - 01:33 pm:       


Asdf:

baaga aadadu kada, emotional letter raasi




before his son came into picture with Maytas and his alliance with Ruling party YSR, EVERYTHING was ok

After this alliancem=, Bad ideas were created and they siphoned the money from company.

Parama neech Batch

Satyam is in Good Hands like Mahindra...
 

Rajusk
Legend
Username: Rajusk

Post Number: 60616
Registered: 02-2008
Posted From: 170.74.248.19

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Posted on Thursday, January 11, 2018 - 11:42 am:       


Rajusk:

The promoters allegedly inflated revenue, fabricated invoices, falsified accounts and income tax returns, and forged fixed deposit receipts to paint a rosy picture of the company




Mahametha YSR gaaru ee donga chethilo teesukoni velli pettadu maa Hyderabad Metro..

vaade kanaka Metro rollout chesi unte..Uppal nunchi Tarnaka kooda vachedi kaadu ivvaltiki

good riddance..thanks to Sridharan thaatha..
 

Rajusk
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Username: Rajusk

Post Number: 60615
Registered: 02-2008
Posted From: 170.74.248.19

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Posted on Thursday, January 11, 2018 - 11:41 am:       


Brighton:

over-3000-jobs -at-stake-two-year-sebi-ban-pwc-satyam-case/story/267883.htm l




SEBI clearly said, that they will let PWC finish audit of for the current year..

dongalaki help chesina prathi donga company ki fine padali..
 

Brighton
Side Hero
Username: Brighton

Post Number: 4703
Registered: 05-2014
Posted From: 38.122.189.66

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Posted on Thursday, January 11, 2018 - 10:17 am:       

http://www.businesstoday.in/current/corporate/over-3000-jobs -at-stake-two-year-sebi-ban-pwc-satyam-case/story/267883.htm l
 

Rajusk
Legend
Username: Rajusk

Post Number: 60612
Registered: 02-2008
Posted From: 170.74.248.19

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Posted on Thursday, January 11, 2018 - 10:14 am:       


Last_avataar:

Satyam did well but they stole all the money and created this story




Jail lo nunchi health baaledu ani jump kotti

ippudu CallHealth lo millions kummuthunna donga
 

Asdf
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Username: Asdf

Post Number: 31593
Registered: 12-2014
Posted From: 24.6.217.145

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Posted on Thursday, January 11, 2018 - 09:49 am:       


Last_avataar:

Satyam did well but they stole all the money and created this story




baaga aadadu kada, emotional letter raasi
 

Last_avataar
Hero
Username: Last_avataar

Post Number: 10126
Registered: 09-2012
Posted From: 71.32.114.54

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Posted on Thursday, January 11, 2018 - 09:46 am:       

Ramalingaraju diverted all the money from company’s profits to his own companies and his sons in a systematic way and created a script for this accounting cookbook Movie

. Satyam did well but they stole all the money and created this story
 

Shikari
Megastar
Username: Shikari

Post Number: 23848
Registered: 03-2010
Posted From: 124.123.61.135

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Posted on Thursday, January 11, 2018 - 08:58 am:       


Raman:

who is pwc?


Price waterhouse Coopers
http://i.imgur.com/eUYcc.gif
 

Raman
Legend
Username: Raman

Post Number: 54328
Registered: 01-2009
Posted From: 171.76.44.93

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Posted on Thursday, January 11, 2018 - 08:54 am:       

who is pwc?
 

Rajusk
Legend
Username: Rajusk

Post Number: 60611
Registered: 02-2008
Posted From: 170.74.248.19

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Posted on Thursday, January 11, 2018 - 08:31 am:       

two senior partners—S. Gopalakrishnan and Srinivas Talluri—who had certified Satyam’s audit reports in 2000-2008, must disgorge Rs13 crore in ill-gotten gains including interests.

naaku enduko ee Talluri kurrod and Vadlamani kurrod related emo ..anduke kiska miska ho gaya anukonta..
 

Rajusk
Legend
Username: Rajusk

Post Number: 60610
Registered: 02-2008
Posted From: 170.74.248.19

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Posted on Thursday, January 11, 2018 - 08:31 am:       

What is the scam and role of PW?

The fraud surfaced in January 2009 when B. Ramalinga Raju, the then chairman of Satyam Computer, admitted in a letter to the company’s board and stock exchanges to have inflated revenue and profit over several years in an accounting fraud to the tune of Rs7,136 crore, making it India’s biggest accounting scam. The promoters allegedly inflated revenue, fabricated invoices, falsified accounts and income tax returns, and forged fixed deposit receipts to paint a rosy picture of the company’s financials. Sebi investigated the auditor's role in the accounting fraud. PW was acting as the auditor of the company between 2000-2008. The main objectives were to prove fraud or connivance of the PW’s partners with the promoters of Satyam in fudging the company’s books.

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