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Role of internal controls in the prevention of fraud

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Reference no: EM13990976

Conduct a professional accounting research on the Satyam's fraud case and answer the following questions:

  1. 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?

  2. Examine the role of internal controls in the prevention of fraud.

  3. Assess the responsibility of audit committees as well as internal and statutory auditors in relation to Satyam's scandal.

  4. What are the lessons learned from this case?

Reference no: EM13990976

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