SATYAM COMPUTER SCAM-PRE AND POST ANALYSIS- A CASE STUDY

1Dr Aarushi, Dr. Naveen Nandal, Ms. Anuradha

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Abstract:

Scandals are regularly a "glimpse of something larger". These speak to the approvable ‟ disastrous disappointments. Satyam Computers seemed to be at one time the diadem gem associated to India’s Industry Technology Organization, however were taken to the lower part because of the originators after 2008 because of money related wrongdoing. An endeavor is built right now being watched at the uppermost to the lower part Satyam up and down. Their embarrassment/extortion has put an unavoidable issuing marking over the whole corporating administration framework belongs to Indian region. The trick brought to the light the main of corporating administration in molding the conventions identified with the working of review councils and obligations of board individuals. Embarrassments have demonstrated that ―there is a critical requirement for good direct dependent on solid corporate administration, morals and bookkeeping and reviewing benchmarks. After takeover by Tech Mahindra in April 2009, the firm was at first worked as independent element Mahindra Satyam. In 2012, Mahindra Satyam was converged with Tech Mahindra. About the turnaround at Satyam Computer, Tech Mahindra cases to have conveyed around eight-overlap come back to little speculators who had contributed with the organization at the hour of takeover. In this way, major money related announcing fakes should be read for exercises scholarly' and methodologies to-follow' to diminish the episodes of such fakes later on. The expanding pace of salaried wrongdoings ―demands firm punishments, commendable disciplines, and powerful requirement of law with the correct soul

Keywords:

Corporate accounting scandal, Satyam Computer India, corporate governance, Accounting and auditing standards.

Paper Details
Month3
Year2020
Volume24
IssueIssue 6
Pages1817-1824