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Accountants held accountable...

Discussion in 'Accounting, Tax & Legal' started by AsxBroker, 25th Jan, 2009.

  1. AsxBroker

    AsxBroker Well-Known Member

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  2. dudek

    dudek Well-Known Member

    Joined:
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    Location:
    Sydney
    They say it is Indian “ENRON”. Bad timing for Satyam or simply lack of experience. They should learn how its done in US: as a CEO you sit at the front of government committee and you roll you puppy eyes and say you in trouble. If you don‘t bail us out we have to let thousands of people loose their jobs. Then you can fix the mess with taxpayers money.

    But then again, there are things auditors can’t be made accountable for:

    Satyam banned from offshoring work with World Bank-India Business-Business-The Times of India

    There is more bad news about Satyam that I can read in one week.
    I am not hiding, I am sworn enemy of IT outsourcing.

    After World Bank, UN suspends Satyam

    It saves you $1 today and cost you $5 tomorrow.