sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« News Headlines »
 5 Simple tips to save income tax at the eleventh hour
 6 fixed income investments to help you save tax under section 80C
 How much tax can you save via tax saving investments, expenditures?
 5 tax saving mistakes millennials need to watch out for Income Tax Saving
 Tax-saving 101 for young earners
 4 important tax benefits of buying a house jointly
 5 best ways to invest and save tax at the last minute Last minute tax saving tips
 Pay your pending advance tax by 15 March
 2018 Tax Extensions: 12 Tips To Save You Money
 5 investment options other than Section 80C to save more Income Tax return filing
 Is it mandatory to link Aadhaar with income tax returns?

Satyam's new auditors?
June, 19th 2009

The Satyam scam had its auditors PWC red in the face. Raju had cooked the books for many years and did the auditors fail or were partners in the crime, is for the investigative agencies to find out.

But life must go on for Satyam and that's why the new management is making important changes on the audit front to win back the confidence of market regulators and investigators.

Exit PricewaterhouseCoopers, enter Deloittecould be the new auditing formula at Satyam.

NDTV has learnt that KPMG and Deloitte, who were appointed after the Satyam scam broke to restate its accounts, will now see a rejig in their roles.

KPMG will handle Satyam's investigative audit, which means restatement of accounts for almost 7 years will now be its responsibility and it will get time till December to complete the task.

Deloitte, on the other hand, may be Satyam's new statutory auditor. Incidentally Deloitte is also Tech Mahindra's auditor and in case of a merger eventually, uniform audit standards can help make integration easier.

Meanwhile, Tech Mahindra and Satyam top brass will meet in Hyderabad over this weekend and a decision on the auditors front is one of the top priorities.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2019 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Outsourcing Test Solutions Software Testing Software Bug Testing Software Issues Tracking Software Issue Fix Software Code Optimization Database Design Optimization

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions