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Satyam Company was audited by Pricewaterhouse Coopers. The company was convicted of accounting fraud and the auditors were punished for not uncovering the fraud. (Abrams, 2018)
PwC is appealing the ruling, stating that they had no knowledge of the crime (Abrams, 2018).
Review the article, and write a short report on whether you agree or disagree with PwC. Support your opinion with documentation from the Satyam case and information from other credible sources. Resource links are in the course.
Your paper of 1,000 words should be single-sided and in 12-point, Times New Roman font. Use APA formatting for references and citations.
Reference
Abrams, C. (2018, January 11). India bans PricewaterhouseCoopers from auditing listed firms for two years; the punishment, for a failure to detect Satyam's billion-dollar fraud, serves as a warning to those too close to clients. Wall Street Journal (Online). Retrieved from https://proxy.cecybrary.com/login?url=https://search-proquest-com.proxy.cecybrary.com/docview/1986311951?accountid=144459
Please submit your assignment.
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