News & Events

Financial Awareness Activity: Dept of BCom – Jan 28, 2019

In order to make students aware about the scams and frauds happening in India and abroad by major corporate companies, a session on “Financial Awareness” was taken by for the finance elective students of final year Bcom on 28th January 2019.

In this session, a video regarding the financial scam in Satyam Computers Limited was shown to the students. Through the video, the modus operandi was explained that the managing director of the company, Ramalinga Raju adopted to manipulate the books of accounts, over the period of 8 years.

The role of auditors and the malpractice done by the chartered accountants of International auditing firm PriceWaterhouseCoopers was also explained to the students.

The students found the video very informative and learned many things regarding corporate affairs in the real world.

SFS College