3. Beyond BS โ Fixed Assets Capacity Utilisation Productivity Age of Plant โ Periodical Maintenance/repairs
4. Beyond BS โ Production Management Production Planning Scheduling Control & Quality Control
5. Beyond BS - Technology State of Tech- current or obsolete? Awareness of Competitors technology Technology โ Upgradation ? Research & Development Plans for New Product Development & Diversification
6. Beyond BS -MARKETING Nature of industry Present status & future prospects Govt.Policy / Control(Exports /Imports) Special features
7. Beyond BS โ Marketing(2) Availability of Raw material Market Share Nature & extent of competition Growth vs Market Share
8.
9. Appears trivial but MOST IMPORTANT Continuous UPDATE FILING Reading- Circulars Newspapers Other magazines
10. CAG, HYDERABAD 11 The fraud was orchestrated by the company chairman Raju. The auditing firm may have involved in the whole fudging exercise. It showed how a great company can also be brought down if somebody decides he does not want to be ethical for some reason. Falsified bank balances, depository receipts, invoices and even bank letterhead used to bolster the fake accounts.
Editor's Notes
The fraud was orchestrated by the company chairman Raju. The auditing firm may have involved in the whole fudging exercise. There are several lessons to be learnt from Satyam. It showed how a great company can also be brought down if somebody decides he does not want to be ethical for some reason. Falsified bank balances, depository receipts, invoices and even bank letterhead used to bolster the fake accounts.
