Sentences with phrase «by the auditors said»

Not exact matches

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.

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.

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.

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.

Separately, the accounting oversight panel created by a 2002 anti-fraud law, says it is required to conduct regular inspections of Chinese auditors of companies with U.S. - traded stocks.

ALEC also said early this week an independent audit is to be conducted by an Australian Government Approved Auditor and pending approval, the operational start - up of the facility will be monitored to ensure ESCAS compliance.

That helps a candidate like Masterpole, who has been hounded by allegations from Republican Steve Kimatian that he is a Miner «crony» who would not make a strong auditor, Dadey said.

The Community Builders interviewed by the auditors lacked knowledge of HUD's grant programs, the report said, and in some cases improperly interfered with housing transactions between local officials and nonprofit groups, resulting in the loss of millions of taxpayer dollars.

A statement released, Tuesday, September 27, 2016, by the EC and signed by its Director of Communications, Eric Dzakpasu said «candidates are to take note of the requirement to declare their assets to the Auditor General in order to meet the eligibility criteria.»

Administration auditors from the Department of Investigation later said her testimony was incorrect: few had the proper certifications, and the abatements were mostly done by workers lacking correct credentials.

Audits are conducted routinely by a school district's independent auditor, while the state comptroller audits a district on a five - to seven - year cycle, said Borges, from the state association.

On Tuesday, Ryan said the agency has offered to work with the auditors by showing them all the documents at the IDA's office and allowing them to copy what they wanted.

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

But in a statement signed by Vice-President of KOSSA, Mr Augustine Sowah, the senior staff said the only way to resolve issues at the hospital is «to interdict the CEO, the Director of Finance and the Internal Auditor and constitute a new board with immediate effect.»

«My auditors will be visiting the municipalities that exceeded their tax cap improperly to make sure they have taken corrective action and educed their tax bills or put any excess property tax revenue into a reserve as required by the law,» DiNapoli said.

He said he based it on the most questionable of campaign expenditures identified by auditors.

So far — despite meetings involving town officials, auditors and the justices — those previous audit findings have not been addressed by the judges, he said.

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

Erie County Comptroller Stefan Mychajliw said he stands by the work of his auditors.

Tompkins said using DiNapoli's office and not having SUNY spend money on outside auditors made sense, and by the comptroller's office doing the work SUNY would not be able to keep findings confidential.

South Huntington's superintendent, however, took issue with the findings by auditors from state Comptroller Thomas DiNapoli's office, saying the district was being criticized for exercising careful spending under the limit of the state - imposed tax cap.

He was asking auditors to check the sum — the amount by which he was said to have exceeded «reasonable» spending on gardening and cleaning at his second home.

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

«I am disappointed in the lack of transparency by the county Department of Emergency Management that would not allow the auditors to review important documents that should be in the public domain,» Maragos said in a statement.

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.

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.

The audit released by the Onondaga County Comptroller Robert Antonacci and Syracuse City Auditor Martin Masterpole praises the Syracuse Land Bank for what they say is a job well done thus far.

After Cuomo's tart «opinion» comment, DiNapoli's spokeswoman Jennifer Freeman said, «The reports completed by our professional auditors speak loudly for themselves.»

But DiNapoli said any direct involvement by his office in setting spending or revenue estimates would jeopardize the office's role as independent auditor.

The town's outside auditor, Drescher and Malecki, was so distressed by the state of the town's financial statements in 2014 and 2015 that it refused to offer a formal opinion for either year and threatened to quit, Hosler said.

Cupid plc denied using fakes and said it was cleared of the allegations by auditors.

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.

State Auditor Suzanne Bump said that «DESE had overstated the waitlist by an indeterminable amount by rolling over entries from prior years who may no longer be interested.»

That's what happened to one Quebec investment advisor, who says he was called a «pirate» by a CRA auditor.

The newspaper said a legislative auditor discovered 3,722 charges made on the card between December 2011 and May 2016 and confirmed $ 70,523.64 in personal purchases made by Goss.

A state audit recently released by the Office of the State Auditor (OSA) says the North Carolina Veterinary Medical Board (NCVMB) which is responsible for governing the practice of veterinary medicine, «doesn't adequately follow up on inspection violations or licensing requirements» as reported by WRAL.COM.

A state audit recently released by the Office of the State Auditor (OSA) says the North Carolina Veterinary Medical Board...

What I am saying is that these expenditures don't matter (they are more than countered by expenditures of the enviro advocacy groups), and have become increasingly irrelevant with the ascendancy of the auditor group, which is motived by a desire for public accountability and genuine scientific interest in the subject.

«The United Nations, having called for this audit, must take quick and decisive action to ensure that the audit is carried out in full and by a properly trained, reputable and unbiased team of auditors,» says Alice Blondel, Global Witness campaigner.

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.

An RWE spokeswoman, Julia Scharlemann, said every CDM project in which RWE was involved was «thoroughly reviewed» by an independent auditor, and RWE adhered to German Emissions Trading Authority rules, which were more rigorous than CDM processes and the standards of other EU nations.

In a recent letter to the mayor's office, Angelo J. Grima, the president of the New York chapter, said the plan to have upgrades determined by outside energy auditors could lead to inflated prices and the wrong solutions.

«Although employed or engaged by the same company, and sharing a common interest in appropriate financial disclosure as required by securities laws, outside auditors and in - house lawyers bring different perspectives to their roles and each must meet different legal and regulatory requirements that apply to their respective missions in the audit process,» Krebs said.

Man charged in Edmonton attack was ordered deported by U.S. in 2011, Canadian Press Trudeau proposes federal excise tax on legal pot, sharing revenue with provinces, Canadian Press Auditor general says Nova Scotia government needs to tighten its fraud controls, Canadian Press United States Police probe turns to Las Vegas gunman's girlfriend; investigators examine $ 100,000 transfer overseas, Reuters SEC forensics unit sought resources, cyber training ahead of 2016 hack, Reuters

Livent's Receiver Manager sued former Livent auditor, Deloitte & Touche for issuing clean audit opinions and a comfort letter to potential investors in the face of numerous red flags indicating fraud by senior management that it said Deloitte... [more] Full article

«By bringing in an outside auditor to take a look at the books, both sides can perhaps be on the same page and say: «We know what the actual financial situation of the opera is.

Thus, it may be now that courts will be less interventionist in striking down high pay - offs (especially as Sedley LJ said that the judge had erred «by letting himself be drawn into acting more nearly as an auditor than as a judge» — a neat phrase for counsel to throw at any judge tempted to do likewise) and if the new government want to stop such payments this puts the ball very much back into their (legislative) court.

They also rightly said that the duty of an auditor could not be expressed in terms of a duty to prevent a fraud being committed against or by the company audited.