Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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
 
 
 
 
Popular Search: TDS :: articles on VAT and GST in India :: cpt :: VAT RATES :: list of goods taxed at 4% :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: ACCOUNTING STANDARD :: due date for vat payment
 
 
« News Headlines »
 Notification regarding extension of last date w.r.t submission of closing stock by dealer.
 Integrated Goods and Services Tax (IGST) Rules, 2017 (As on 15.11.2017)
 Central Goods and Services Tax (CGST) Rules,2017 (As on 15.11.2017)
  101st Constitution Amendment Act, 2016
 Pr. Commissioner Of Income Tax-6 Vs. Mccain Foods India Pvt. Ltd.
 Section 10 of the Income-tax Act, 1961
 Income tax returns filing: No tax on gift received from relatives in form of cash
 Income tax returns (ITR): Here is why you need to pay higher tax on other incomes
 GST Update On Issuance Of Debit Notes And Credit Notes
 How Mutual Fund Investments Can Help Save Income Tax
 Income tax returns (ITR) filing: Why small service providers need to get this benefit

To become statutory auditor for Mahindra Satyam
August, 31st 2009

Global audit firm Deloitte is in the race along-with a few other firms to become the statutory auditor for Mahindra Satyam (formerly Mahindra Satyam).

Deloitee is also the statutory auditor for Tech Mahindra, the IT arm of the Mahindra Group, which acquired Satyam three months ago. It was mandated along-with KPMG to re-state Satyams accounts, but opted out of the role due to a possible conflict of interest.

The board of Mahindra Satyam will meet on September 4 to select the statutory auditor, take stock of the current financials and the progress on forensic accounting, said T N Manoharan, government nominated board member of Mahindra Satyam and the former President of the Institute of Chartered Accountants of India (ICAI).

Satyams accounts are being re-stated over the past seven years as its defamed founder B Ramalinga Raju confessed to perpetrating a Rs 7,000 crore financial fraud. After the confession, Price Waterhouse, the firm that audited Satyams accounts for eight years or so, said its reports could not be relied upon.

Two auditors of Price Waterhouse were also charged of conniving with the founder in fudging Satyams books. The government nominated Satyam board removed Price Waterhouse as the statutory auditor.

Pune based Tech Mahindra acquired Satyam and the Mahindra Satyam board will now select a statutory auditor.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Application Management Solutions Application Management System Application Management Software System Application Management Development Application Management Software Development

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