Show:
Powerful People
Terrifying Timeline
Ethical Engagement
100
The owner of Satyam before the merger with Mahindra
Who is Ramalinga Raju/B. Ramalinga Raju
100
The year that Raju confessed his material misstatements
What is 2009
100
An accounting policy used by Enron and Satyam to recognize revenues/earnings
What is mark to market
200
The brother of the owner of Satyam and the Managing Director of Satyam
Who is B. Rama Raju
200
The amount of money that investors lost due to Satyam’s share price drop
What is US $2.2 Billion
200
Maintaining a questioning mind and being alert to conditions that may indicate fraud
What is professional skepticism
300
The accounting firm that performed the audit on Satyam
What is PricewaterhouseCoopers/PwC
300
The length of time that Raju was banned from capital markets
What is 14 years
300
Close family relationships in businesses can lead to greed and make independence/conflicts of interest difficult
What is/are some problems the Satyam scandal highlights in some Indian corporations
400
The international connection to the Satyam Scandal and a regulator
What is the US Securities and Exchanges Commission/The SEC
400
The number of employees of Satyam that were convicted
What is 11
400
Small actions can have large consequences - even for innocent parties
What is important about the PwC ban/conviction
500
The 2 auditors that were charged in the Satyam scandal
Who are Subramani Gopalakrishnan and T Srinivas
500
The year that PwC was banned from issuing audit certificated in India
What is 2018
500
The most important question to be asking any company
What is why?