Satyam Fraud Case Analysis
Case Analysis Paper
Hey you guys the subject is about Discuss the circumstances under which Satyam’s fraud was exposed. What do you think were the reasons for the fraud? How was the fraud able to occur? 2.Critically evaluate the corporate governance mechanisms adopted by Satyam. What characteristics of the board of directors may prevent financial statement fraud? What lessons about the audit committee can be learned from this case? What other governance mechanisms should be adopted to ensure compliance ?
Students should address the questions above in a typed document (double spaced 12 – point font; 5 pages maximum; essay format ). The case report should provide a title page
I Have attached the case study in the folder and the directions along with it
Answer preview
For quite a reasonable period, Satyam was the 4th largest information technology (IT) and software developing company in India. Despite having a good reputation and achieving distinctive accreditations within this market, the company was hit by a scandal that almost brought it to its knees. This scandal was revealed through a letter by Raju, its chairman, explaining a fraud that had been going on within the company. The revelation of this fraud caused havoc within the company and attracted the attention of the…
(1500 words)