Preventing payment fraud and shadow spending
Nanonets
MAY 31, 2023
billion in 2011 to $32.39 Satyam Computer Services , an Indian IT services company, faced a major financial shadow spend scandal in 2009. For example, as a result of PwC’s alleged involvement in the Satyam Computer Services scandal, the company was banned from auditing listed companies in India for two years.
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