27 Jan 2009
PricewaterhouseCoopers' Indian audit head has resigned, after two partners were suspended in relation to the Satyam accounting fraud.
Thomas Mathew has stepped down as PwC's Indian audit head due to the issues facing the firm and its staff over its work for Satyam, where its client's chairman admitted to a $1bn fraud. He will remain a partner, according to reports.
The two partners have been suspended by the firm pending the outcome of the investigations.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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