Sentences with phrase «auditors said»

Treasury auditors said the agency «delayed actions to reduce unnecessary taxpayer information from being disclosed.»

There had been «no significant shift towards climate action» in key areas such as agriculture, rural development and fisheries, the European Court of Auditors said.

In effect, Plainedge's repeated miscalculations allowed the district to pile up unrestricted reserves far beyond those allowed by state law in two of the three years covered, auditors said.

That track record indicated, auditors said, that «the $ 4.8 million reserve is enough to pay for more than 36 years of unemployment costs, based on the average costs for the last three years.»

In one paragraph, auditors said the number of damaging incidents was so large that the company was open to claims of a «systematic failure» to stop the risks of fraud.

The state auditors said the district did not apply for all transportation state aid for new bus acquisitions, school club collections were not supported by adequate documentation and were not always deposited in the amounts received, and the central treasurer made 31 disbursements totaling $ 39,134 without state - required supporting documentation.

The agency's petty cash bank account, which was supposed to be capped at $ 500 and used to obtain time - sensitive documents such as birth certificates, also was misused, auditors said.

Auditors said they were stonewalled by the county's Office of Emergency Management from obtaining documents that would justify the hiring of VIP Splash.

In the report on South Huntington, which covered July 2014 through December 2015, auditors said the school board and district officials overestimated general fund appropriations in the last three adopted budgets, resulting in operating surpluses totaling approximately $ 10.6 million.

The agency used the funds for operating expenses, auditors said.

Three Long Island school districts — Levittown in Nassau County, and Montauk and South Huntington in Suffolk — should not have built up multimillion - dollar budget surpluses, state auditors said in separate reports released last week.

A year later, in December 2011, after six years in court, the state agreed to accept just $ 5 million, roughly 17 cents on the dollar of what auditors said the casinos owed, sparking questions of special treatment.

As a result, auditors said the district should draft plans to use surplus funds in a constructive way — for example, by reducing property taxes.

At a 20 - room family motel in Schoharie County auditors said they identified electrical cords running on the ground through a children's play area.

But auditors said school officials «submitted 100 percent of the cost of its shared staff» and «could not provide documentation explaining where staff worked and when.»

Auditors said the agency has not established adequate criteria for project approval or denial decisions.

At 14 percent of sites, the auditors said, affidavit ballots were mishandled by poll workers — potentially leading to votes not getting counted.

Auditors said staffing, administrative expenses and operating costs at Nassau Community College were out of line with comparable area colleges, including Suffolk County Community College, Monroe Community College in Rochester and Westchester Community College.

The state Department of Economic and Community Development understated tax credits for several projects and provided inaccurate data about job creation, state auditors said in a report released Tuesday.

The auditors said the Energy Department's Office of Fossil Energy «had not always exercised sound project and financial management practices in its oversight of the project.»

The city auditor said he recognized two «non-starters» in the Consensus proposal: Failure to mandate town and village inclusion and the lack of school district reform.

About $ 6.5 million went to an online national nanotechnology network, which the auditors say duplicates a digital scientific library and Russian citation index base.

The auditor says the agency needs to use more online tools, like the digital account registers provided by the bank managing the funds and expand the agency's use of its IT system to consistently monitor misuse.

In Ohio, where about two - thirds of charter high schools fail to graduate at least half of their seniors, the state auditor says the financial records of 17 charter schools are so bad as to be «unauditable.»

Current estimates by the European Commission, the executive arm of the EU, of agricultural spending on climate action «include overestimation and lack sound justification,» the auditor said.

Not exact matches

Auditor General Colin Murphy said the project was two years late and its viability was under serious threat.

Critics say the profit centers and the «spreadsheet games,» as PBM auditor Susan Hayes calls them, have changed.

«Alarmingly the Auditor General said that while $ 200 million was the amount he could track, the processes were so poor he had no idea how much was being spent within individual government agencies as part of the project,» Mr Buswell said.

The auditor general says the state government has made a good start on its $ 400 million land asset sales program but improvements could be made, following criticism earlier this week that some properties are being sold at a loss.

«They have a rule that they do not take action against auditors until all civil litigation has been resolved,» Coffee says, «because they don't want their actions to be used against their members in a civil suit.»

Witnesses repeatedly criticized IFRS for stripping auditors of their ability to «exercise prudent judgment» — which is another way of saying it gives management wide discretion when reporting financials.

«That way you can show an auditor: Here's what came in and the records of what I billed... and the record that back up my expenses and what I owe,» says Eisenberg.

On June 5, the SEC's chief accountant, James Schnurr, said the agency may propose greater disclosure requirements by corporate board audit committees on how they oversee their company's auditors.

Turner says he'd also give shareholders the right to annually vote on the appointment of auditors selected by the audit committee.

The PCAOB could demand a change in a company's auditor if there were problems with an audit, Turner says.

WASHINGTON (AP)-- In an abrupt reversal, the US military on Tuesday said it made a mistake when it ordered an independent federal auditor to stop providing the public with information about US war efforts in Afghanistan that help to measure how the 16 - year - old stalemated war is going.

McGowan said the government must scrap low - wage jobs from the program and suspend its use for medium to high - skilled workers pending an investigation by the auditor general.

Kempczinski said the company has «spent over 18 months on this journey to really get comfortable bout the food safety question» and hired a third - party auditor to help.

Those gas - fired plants were originally going to be built in Mississauga and Oakville until the Liberals cancelled them days before the 2011 election, which the auditor general said would cost ratepayers up to $ 1.1 billion.

«In utilities you do some of that to smooth rates, but what the auditor general is concerned about is this technique is being abused,» Ralston said.

Critics said Andersen auditors were reluctant to cast a negative light on a company that provided so much income to Andersen's consulting side.

The auditor general is concerned the dollar amount is building up rapidly and there's no plan to get out of it, said Ralston, noting the total deferred amount is projected to hit $ 5 billion by 2017.

Lawyers say a recent Ontario Superior Court decision spells out auditors» liability to their clients» clients.

«If you don't have records to satisfy any IRS auditor questions about your donations, you can lose your deduction,» said Bell.

Franzel, in a speech at the American Accounting Association annual meeting in early August said that, despite the fact auditors have been making some progress in improving their audits of internal controls over company financial reporting, the regulator continues to see auditors having trouble meeting the standards and some firms still have significant work to do to meet the requirements of PCAOB auditing standards.

The Chamber said in a letter to the PCAOB in May that its members believe the PCAOB, the independent auditing regulator established by the Sarbanes - Oxley Act of 2002, is imposing new «burdens» on business by using the inspections process to pressure auditors to ask more of companies.

On Wednesday, a report published by Quebec's interim auditor general said the PQ's goal of achieving a balanced budget by 2015 - 16 was «to say the least, ambitious,» particularly if it rules out tax hikes and caps government - spending increases at two per cent over the next two years.

HUD spokesman Brian Sullivan said the auditor's report showed the number of reverse - mortgage foreclosures was putting financial pressure on the Federal Housing Administration's insurance fund.

Contrary to government claims, Ontario's auditor general says the province's deficit is $ 11.7 billion.

Facebook's second blog post on Monday, saying Cambridge Analytica had agreed to an independent audit, had to be walked back when the auditors ceased work on orders from the U.K. Information Commissioner's Office, which is pursuing its own investigation.