Thursday, January 08, 2009

Satyam’s Statutory Auditor PwC Embroiled in Huge Satyam Scam

Public auditing can potentially create risk for Big4 firms.



PricewaterhouseCoopers is now facing such risk as the statutory auditor of Indian technology outsourcer Satyam Computer Services in yesterday’s blowup of the “Satyam Scam”, or as it being labeled, India’s Enron.

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