Satyam Fiasco – Time for Introspection
After the leakage of Satyam fiasco, every CA is bowing his head in shame because of the loss of profession's loss of reputation and trust reposed by the society.
Five Chartered Accountants in a joint article with extreme candour say, “Please note that that Prima facie, the Satyam Fraud occurred not because of lack of any special knowledge but because of non adherence to basic minimum auditing standards.”
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