Tuesday, January 10, 2012

News From India

Price Waterhouse, ex auditors of Satyam Computers whose auditor was the external auditor and who gave a clean chit to the fraudulent accounts of Satyam, sue the erstwhile founder of Satyam. Apparently because the founder of the company gave fudged accounts to PWC. Now, what is the expectation that an external auditor of a company? That they be given clean and accurate accounts only? Ain't that nice now?
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