Satyam Computer Services, Ltd—India’s Enron
1. Do you agree with Dennis Nally’s comments?
2. How do you think Raju could have used Maytans’ assets to cover up the fraud?
3. Why are related-party frauds more difficult to detect than frauds with no related parties?
4. Should U.S. public accounting firms try to audit internationally in cultures they may not understand? How can they maintain quality audits?
5. Can an international firm have one set of absolute ethics standards that must be followed at all times? Or do ethics standards need to be flexible enough to account for variations in cultures?
6. How can auditors ensure they are receiving authentic documentation and not forgeries?
7. In your opinion, should Price Waterhouse India be subject to litigation? PwC?
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