MBA Student

Satyam as a Case Study: The Numbers Were Too Consistent

There are some blatant question marks in the Satyam financials. From FY 07 to FY 08 the Cash Flow statement indicates an increase in cash of $138 Million US. However, the balance sheet shows cash increasing from FY07 to FY 08 by $1 Billion US. Where did the extra cash come from???