Our academic experts are ready and waiting to assist with any writing project you may have. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs.
GET A 40% DISCOUNT ON YOU FIRST ORDER
Case Analysis – Governance Failure at Satyam
Note 1: The Dean’s office has made this case mandatory in all BUSA 4980 sections at Robinson College of Business. As such, ALL students are required to turn in their submissions on the due date announced below.
Note 2: Submit this assignment to the instructor in class (DO NOT email or send them to me through iCollege). Bring printed copies to class and deliver them to me before the class starts.
Individual Assignment: Case Analysis (Governance Failure at Satyam)
Due date: March 27, 2018 (Hard copies before class starts)
Title: Governance Failure at Satyam
General guideline: Read Text Book Chapter 10
Read the Case: Governance Failure at Satyam
Buy this case (price is $4.25) by following and registering as a student using the link below:
Recommended length: 2-3 page of text (single space)
Read the Case: Governance Failure at Satyam (obtain in from the above link). After reading the case, answer the following questions as comprehensive as possible. (Make sure you answer all questions. Also, make sure you will use numbered sections to visually separate your answers from one another.)
- Discuss the circumstances under which Satyam’s fraud was exposed. What do you think were the reasons for the fraud? Could this have been prevented?
- Examine the role of internal controls in the prevention of fraud.
- Critically evaluate (e.g., strengths and weaknesses of) the corporate governance mechanisms adopted by Satyam.
- Assess the responsibility of audit committees as well as internal and statutory auditors in relation to Satyam’s scandal. What are the lessons learned from this case?
- Evaluate the statements made by the chairman in his resignation.
- What characteristics of the board of directors play a role in preventing financial statement fraud?
- Do you think that making regulatory changes would help in preventing such fraud?