Infosys' Accounting Policies


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Case Details:

Case Code : FINA007
Case Length : 15 Pages
Period : 2003
Pub. Date : 2004
Teaching Note :Not Available
Organization : Infosys
Industry : Information Technology (IT)
Countries : India

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Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

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There is an increased interest in offshore outsourcing as global corporations realize its benefits. Business opportunities continue to grow. However, the pricing environment remains challenging.

- Nandan Nilekani, CEO, President and Managing Director, Infosys.1

Increased efficiency and optimization of expenses have helped us maintain our margins despite the increase in salary cost.

- T.V. Mohandas Pai, CFO, Infosys.

Introduction

Infosys Technologies (Infosys), one of India's best-known computer software companies, provided consulting and IT services to clients globally. With over 19,000 employees worldwide, Infosys was the second largest exporter of software from India, after Tata Consultancy Services (TCS).

Based in Bangalore, India's "Silicon City", Infosys offered a range of customized software services including development, maintenance, reengineering, and consulting. The company had also set up several dedicated offshore software development centers for large clients. Infosys was widely considered to be one of India's most respected and admired companies.

The company was well known for its excellent governance and financial reporting practices...

Excerpts >>

1] The Hindu Business Line, 11th July 2003.

 

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