Part (A)Batson InternationalGroup 3Ankur Agarwal E001 Shivam Garg E018Rajeev ain E0!" Saumil #akka$ E0!%Rahul #hosla E0&0Pri'ank (ora E0")Pu*li+l' tra$e$ multinational *ase$ outsi$e ,SProvi$es high-te+hnolog' .ro$u+ts an$ servi+es,ses I/RS 0or re.orting .ur.oses1istori+all' a 2Growth Sto+k3 an$ +om.an' is looking to maintain that .ositionPrior 'ear4s 5rst 6uarter EPS re.orte$ at "! +ents .er shareAnal'st4s .roje+tion 0or EPS o0 +urrent 'ear 5rst 6uarter 7 "8 +ents .er share while 8anagement4s Estimate$ EPS +omes at "1 +ents .er shareI0 EPS +omes out to *e less than anal'st9s .roje+tion the .ri+e earnings ratio will 0all whi+h +an lea$ to the +olla.se o0 their a+6uisition .lans Intro$u+tionI/RS (s: ,S GAAPAreas IFRS US GAAPPerio$ re+or$ metho$Entities are re+or$e$ via ;is+rete-.erio$-metho$Entities are re+or$e$ via Integral-.erio$-metho$Inventor' a? SavingsAll $ata in +ents .er shareAost o0 Relo+ationAll $ata in +ents .er shareA$vertising AostAll $ata in +ents .er share;ivi$en$ 0rom Bra@ilAll $ata in +ents .er shareAor.orate Restru+turingAll $ata in +ents .er shareItems Present status Savings by IFRS(Cents Per share)Savings by US GAAP(Cents per share)8aintenan+e +ost % +ents .er share & +ents .er share & +ents .er shareEIA >a? Savings ! +ents .er share 1 +ent .er share 1 +ent .er shareAost o0 relo+ation & +ents .er share Bo savings !:!" +ents .er shareA$vertising +ost ! +ents .er share Bo savings ! +ents .er shareA$vertising +ost (Summer)! +ents .er share ! +ents .er share ! +ents .er share;ivi$en$ 0rom Bra@ilC +ents .er share Bo savings Bo savingsAor.oraterestru+turing(Reserves)Bone 0:" +ents .er share0:"+ents .er share>otal EPS "1+ents .er share"D:"0 +ents .er share%1:D" +ents .er shareBatson InternationalE S:A: (B)Part B 7 A++ounting irregularitiesPart B 7 A++ounting irregularitiesPart B 7 A++ounting irregularitiesPart B 7 A++ounting irregularitiesPart B 7 A++ounting irregularitiesBatson InternationalE S:A: (A)A++ounting s+an$als o0 EnronE '+o in !0004s $istur*e$ the +or.orate worl$Investors $eman$e$ 0or stringent rules 0or a++ounting stan$ar$s F 5nan+ial $is+losuresSGH A+t was .asse$ *' ,S +ongress in !00!>wo ke' .rovisions o0 the A+t areI Se+tion &0!I Re6uires senior management to +erti0' the a++ura+' o0 the re.orte$ 5nan+ial statement Se+tion C0CI Re6uires that management esta*lish internal +ontrols an$ a..rove its a$e6ua+'Sar*anes-G?le' A+t (SGH),n$er Se+tion &0! -Aor.orate Res.onsi*ilit' 0or /inan+ial Re.ortsE the signing oJ+ers shoul$I8aintain internal +ontrolsEnsure that material in0ormation relate$ to the issuer is availa*le in internal +ontrolEvaluate e=e+tiveness o0 the issuer9s internal +ontrols within )0 $a's .rior to the re.ortK an$Aomment on the e=e+tiveness o0 the internal +ontrols SGH A+t +ontinue$A .ro+essE e=e+te$ *' the senior management whi+h is $esigne$ to .rovi$e Lreasona*le assuran+eL regar$ing the a+hievement o0 o*je+tives in the 0ollowing +ategoriesIE=e+tiveness an$ eJ+ien+' o0 o.erationsRelia*ilit' o0 5nan+ial re.ortingAom.lian+e with a..li+a*le laws an$ regulations:Sa0eguar$ing o0 AssetsPla's a vital role in $ete+ting 0rau$ an$ .rote+ting organisations resour+es *oth tangi*le an$ intangi*le:8an$ator' 0or all Miste$ Aom.anies un$er lo+al +om.anies A+tSel0 ins.e+tion *' the +om.an' managementInternal +ontrolAGSG has esta*lishe$ a +ommon internal +ontrol mo$el against whi+h +om.anies an$ organi@ations ma' assess their +ontrol s'stems:>he 5ve +om.onents o0 AGSG 0ramework areIAontrol EnvironmentRisk AssessmentAontrol A+tivitiesIn0ormation an$ +ommuni+ation8onitoringMimitationsMot o0 human a+tion lea$ing to errors in .ro+essing an$ ju$gementAom.le? 8o$elAommittee o0 S.onsoring Grganisations o0 the >rea$wa' Aommission (AGSG)BatsonInternationalES:A:managementis res.onsi*le0oresta*lishingan$ maintaining a$e6uate internal +ontrol over 5nan+ialre.ortingun$erRule1C-1"(0)o0 the Se+urities E?+hange A+tE!00C:>his+erti5+ationisre6uire$un$erlo+al Aom.aniesA+tan$re6uire$0orallliste$ +om.anies:BatsonInternationaluse$AGSG0ramework +riteriatoevaluatethee=e+tivenesso0its internal +ontrol over 5nan+ial re.orting:Aase ;es+ri.tion8anagement +on+lu$e$ that re.orting was e=e+tive *ase$ on the +riteria issue$ *' AGSGI0 +om.an' re.ots an' $e5+ien+' in their re.ort the' will not *e $eliste$I0 +om.an' 5n$s $e5+ien+' an$ +orre+ts it in the same 5s+al 'earE it $oes not have to re.ort it>he Aom.anies A+t also re6uires in$e.en$ent au$itor to e?.ress an o.inionAontinue$NIt is the $ut' o0 A/G to sign the management re.ort on internal +ontrol over 5nan+ial re.orting +erti5+ation:I0 +om.an' 0ails to re.ort a material $e0e+t or there is 0alse re.resentation A/G will *e hel$ res.onsi*le:In su+h +ases A/G will *e lia*le to 5ve 'ears or less im.risonment an$ 5ne o0 O" million:Aon+lusion