ACCOUNTING SCAMS IN      INDIA
AProjectBy-
IntroductionTypes of Accounting ScamsSatyam ScamOther ScamsImpactControlling AuthoritiesConclusion
TYPES OF SCAMS
SATYAM SCAMAbout Satyam Milestone  ScandalConfessionsConsequences
ABOUT SATYAMThe CompanyPositionThe Satyam ScamBalance 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...
CONFESSIONS
CONSEQUENCESImpact on Indian IT Sector.India’s step to save Satyam.Satyam is seeking bank loans to cover expenses.Acquisit...
OTHER SCAMS
IMPACT OF SCAMS
CONCLUSIONBusiness Ethics of FinanceSocial Responsibility
THANK YOU
Accounting scams
Accounting scams
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Accounting scams

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Accounting scams

  1. 1. ACCOUNTING SCAMS IN INDIA
  2. 2. AProjectBy-
  3. 3. IntroductionTypes of Accounting ScamsSatyam ScamOther ScamsImpactControlling AuthoritiesConclusion
  4. 4. TYPES OF SCAMS
  5. 5. SATYAM SCAMAbout Satyam Milestone ScandalConfessionsConsequences
  6. 6. ABOUT SATYAMThe CompanyPositionThe Satyam ScamBalance Sheet
  7. 7. Balance Sheet Of Satyam Computer Ltd as on 30TH September, 2008 8794.98 1217.8 1230.00
  8. 8. 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
  9. 9. CONFESSIONS
  10. 10. CONSEQUENCESImpact 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 ofthe investors.Financial terrorist
  11. 11. OTHER SCAMS
  12. 12. IMPACT OF SCAMS
  13. 13. CONCLUSIONBusiness Ethics of FinanceSocial Responsibility
  14. 14. THANK YOU

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