Conduct a professional accounting research on the Satyam's fraud case and answer the following questions:
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Discuss the circumstances under which Satyam's fraud was exposed? What do you think were the reasons for the fraud? Could this fraud have been prevented?
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Examine the role of internal controls in the prevention of fraud.
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Assess the responsibility of audit committees as well as internal and statutory auditors in relation to Satyam's scandal.
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What are the lessons learned from this case?