Question: PLease type the answers) (accounting 5520) case study 20 Moha Computer Services Limited 4) Investors, the auditor, audit committee, SEBI (regulators), and others - all

PLease type the answers) (accounting 5520) case study 20 Moha Computer Services Limited

4) Investors, the auditor, audit committee, SEBI (regulators), and others - all should have exhibited professional skepticism. What do you understand by the phrase professional skepticism? Describe it in detail

5) What organizational controls including internal controls [read AS 5 from the PCAOB thoroughly before answering this] should be put in place to prevent another Satyam fraud from occurring again?

6) How did the audit firm miss the fraud? What were the weaknesses in the Indian auditing standards?

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