Case Study Analysis: Ethics and Financial Disclosure Satyam Computer Services

Introduction Ethics and pecuniary disclosure should go hand in hand with public, private and non-for profit companies as shargonholders, investors and donors rely hard on a companies financial situation when making coronation decisions. Companies that deceive, exaggerate, lie or mislead information on financial reports can cause investors, shareholders, and other business to lose a great deal of money. Financial reports for mevery are the unless way to determine the value, success and outlook for companies. Although, there are General Accepted business relationship Principles (GAAP) and International Financial Accounting Standards (IFAS) that are in place by a commission to establish board rules when reporting financial information, many companies, leaders and accounting firms still try to mislead financial information. some(prenominal) times these companies dont actually break any laws but they use unethical judgment that misrepresents financial information, hence, the choose for moral ethics and financial disclosure to be in sink when presenting financial information. Companies or leaders that fell to be honest about this information and are found, such as Satyam Computer serve, will face stiff penalties, prison and a loss on the fellowships goodwill.

Background Satyam Computer Services (SCS), currently Mahindra Satyam, is a leading information, communications and technology play along providing top-class business consulting, information technology and communication services (from the company website) based out of Hyderabad, India. The company currently employs 32,092 and has operations in 35 countries including the US, Canada, Brazil, and the UK and serves several wad 500 companies and other clients. precedent to the financial scandal that unraveled in 2009, Satyam claimed a third of the Fortune 500 companies as clients which included General Electric, General Motors, near and the United States government. (Timmons, 2009) The company also had a work perpetrate of 40,000 and... If you want to get a full essay, order it on our website: Ordercustompaper.com

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