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ACCOUNTING SCAMS IN
      INDIA
A

P
r
o
j
e
c
t

By-
Introduction

Types of Accounting Scams

Satyam Scam

Other Scams

Impact

Controlling Authorities

Conclusion
TYPES OF SCAMS
SATYAM SCAM
About Satyam


 Milestone


  Scandal

Confessions


Consequences
ABOUT SATYAM
The Company

Position

The Satyam Scam

Balance Sheet
Balance Sheet Of Satyam Computer Ltd
     as on 30TH September, 2008




             8794.98   1217.8   1230.00
Balance Sheet Of Satyam Computer Ltd
     as on 30TH September, 2008
 APPLICATION OF                       ADJUSTMENTS
 FUNDS

 1.     Fixed assets        1381.10   1381.10       1381.10
 2.     Investments         618.64    618.64        618.64
 3.     Tax                 118.75    118.75        118.75
 4.     Current assets
      a. sundry debtors     2651.36   490.00        2161.36
      b. cash               5312.62   272.62        5040
      c. accrued interest   376.34    -             376.34
      d. Loans              502.22    502.22        -

 LIABITIES                  2166.05 2166.05         -
 Net current assets         6676.49 901.21          (5775.21)


 TOTAL APPLICATION OF       8794.98   1217.28       7577.7
 FUNDS
CONFESSIONS
CONSEQUENCES
Impact on Indian IT Sector.

India’s step to save Satyam.

Satyam is seeking bank loans to cover expenses.

Acquisition of the Company.

Indian Stock Market Slipped-Shook Confidence of
the investors.
Financial terrorist
OTHER SCAMS
IMPACT OF SCAMS
CONCLUSION
Business Ethics of Finance

Social Responsibility
THANK YOU

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Accounting scams