Sentences with phrase «auditor does»

However, an energy auditor does not follow a standardized procedure.

Eric wrote: «A good auditor doesn't use the same Excel spreadsheet that the company being audited does.

good auditor doesn't use the same Excel spreadsheet that the company being audited does.

However, an energy auditor does not follow a standardized procedure.

«A good auditor doesn't use the same Excel spreadsheet that the company being audited does.

... A disclaimer of opinion states that the auditor does not express an opinion on the financial statements.»

Auditors did not want to be on the hook for company's questionable estimates.

«In too many instances, auditors did not properly apply procedures that would be considered fundamental in Canada, such as maintaining control over the confirmation process,» the report concluded.

For auditors of public interest entities, such as banks, insurance companies and listed companies, the committee agreed that audit firms would have to provide shareholders and investors with a detailed understanding of what the auditor did and an overall assurance of the accuracy of the company's accounts.

Auditors do not provide technical assistance services while they are performing audits or vice versa.

So to suggest that the auditors did what I told them ahead of time to say — it's just wrong,» he said.

While there were more than a dozen grants under review, aldermen, before they decided to let an unnamed auditor do it, focused on the Kinderland II project, completed last April.

-- I'm guessing that's what the auditors do?

My first thought was that he had two auditors doing the same thing so he could compare their work.

SFAS 157 is more flexible than most give it credit for, if the auditors don't become «last trade» Nazis, or if managements don't give into them.

Now, auditors do not «replicate» a company's accounts in order to determine whether or not the accounts are accurate [can you imagine the audit bill for reproducing every General Motors transaction for a year?].

I think you bring a renewed sense of civility to Climate Audit (my personal view — «auditors don't need no stinkin» permission» — clearly needs some refinement).

It was held that while the auditor did not owe the company a duty to prevent the fraud, the auditor did owe the company a duty of care.

Auditors do.

As a result, clients» auditors don't have to use the very time consuming, blunt force method of reading (or training expensive electronic devices to read) thousands of records before they do an audit.

Facebook issued a statement on March 19th, 2018 stating that it is pursuing forensic audits to investigate the Cambridge Analytica claims, though the platform reported that its auditors did not gain entrance to Cambridge Analytica's London office while the U.K. Information Commissioner's Office was pursuing its own on - site investigation.

«People got ballots who shouldn't have gotten ballots... Our state auditor did a study of the confidentiality sleeves and found many of the sleeves are see through.

Internal auditors do not have to qualify as accountants, though it could be helpful.

CMS auditors do have the authority to determine whether entry of medication, laboratory, and radiology orders has been made by licensed health care professionals or credentialed medical assistants.

Not exact matches

Do internal auditors have the resources, skills and authority necessary to do their jobDo internal auditors have the resources, skills and authority necessary to do their jobdo their jobs?

Auditor and financial management bench strength: Does the board have confidence in the quality of finance and risk management, and external and internal audit (including integrity, competence, responsiveness and reporting)?

It's entirely probable that if you do your job properly as an auditor or compensation consultant, you will make recommendations that management will not like.

«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.»

The partners had the help of leaks from staffers inside the Public Company Accounting Oversight Board, the entity created by Congress more than a decade ago to make sure auditors are doing work that meets regulatory standards.

Auditors may not engage in what is known as «non-audit» services to management, without permission, as doing so compromises integrity of the audit and accountability by the auditor to the audit committee.

While it's true the U.S. doesn't have a board of auditors structure, wouldn't it be refreshing if boards pursued justice for their stakeholders themselves rather than forcing shareholders to do so on behalf of the company?

In the worst case, the auditor looked the other way to let management do what it wanted to.

Its board of auditors (an oversight structure in Japan that does not exist in the U.S.) commissioned such a report in May 2009 and found no wrongdoing.

He dealt with auditors pleasantly enough, but in one instance, after an audit concluded in North Africa, he was on the phone to Montreal to fume about a line of questioning he didn't like.

Also, by removing the auditors from your work environment, you don't run the risk of disrupting your employees.»

Auditor general Bonnie Lysyk's report noted that the government now spends more on debt interest than it does on post-secondary education, and those interest costs are growing.

Another consideration with the $ 8 billion figure is that although the Auditor General has included the cost of long - term maintenance, this assumes the public sector does not defer repairs.

«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.

Second, although the Auditor General concludes that the Department of Finance's fiscal sustainability analyses are based on sound practices, he questions why they are not done for all major initiatives or on a timely basis.

Anyone wondering why Canadians sometimes lose faith in government's ability to get anything done should read a report that the country's auditors general released at the end of March.

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

• Did the auditor give the public accounts a clean opinion?

And it did so only after the Auditor General of Canada brought this issue to light.However, it only released information relating to the federal government, even though it promised in 2007 to present analyses on the total government sector.

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.

They are also calling for the auditor general to do mandatory performance audits of the Commons and Senate every three years.

If you own common stock in street name and do not either provide voting instructions or vote at the Annual Meeting, the institution that holds your shares may nevertheless vote your shares on your behalf with respect to the ratification of the appointment of Ernst & Young LLP as our independent auditors for the fiscal year ending December 31, 2018, but can not vote your shares on any other matters being considered at the meeting.

To ensure that relations between the auditor and the audited company do not become too cozy, members of the European Parliament approved a mandatory rotation rule whereby an auditor may inspect a company's books for a maximum of 14 years, which could be increased to 25 years if safeguards are put in place.

He notes that doing so is standard accounting and allows auditors to reconcile the company's numbers with those of its trading partners.

«The conversation we were having internally on this is: Are there enough people who are trained auditors in the world to do the number of audits that we're going to need quickly?»

If Cambridge Analytica had been using the illicit Facebook data for years already — and The New York Times reports that it did not delete all the data that it had claimed — there's no telling who else has copies, copies that wouldn't be easily found by Facebook auditors now.