Sentences with phrase «in audit procedures»

That resulted in an increase in audit procedures related with federal taxes and a change in the auditor's approach.

Not exact matches

Valeant accused Schiller of «improper conduct» in providing incorrect information to an audit and risk committee and the company's auditors, adding that it continues to assess its financial reporting and disclosure procedures.

«MD Anderson officials snubbed their own IT experts, mishandled about $ 62 million in funding, and failed to follow basic procedures for overseeing contracts and invoices, according to the audit,» writes the publication, also noting that Watson itself initially hit its goals.

Our audit included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, testing and evaluating the design and operating effectiveness of internal control based on the assessed risk, and performing such other procedures as we considered necessary in the circumstances.

The degree of auditor subjectivity in applying audit procedures to address the matter or in evaluating the results of those procedures;

Our infrastructure is managed with ISO17799 - based procedures, regularly reviewed in SAS70 Type II audits.

The Audit Committee represents and assists the Board in fulfilling its oversight responsibility relating to our financial statements and financial reporting process, the qualifications, independence, and performance of our independent auditors, the performance of our internal audit function, legal and regulatory matters, and our compliance policies and procedAudit Committee represents and assists the Board in fulfilling its oversight responsibility relating to our financial statements and financial reporting process, the qualifications, independence, and performance of our independent auditors, the performance of our internal audit function, legal and regulatory matters, and our compliance policies and procedaudit function, legal and regulatory matters, and our compliance policies and procedures.

Our audit included consideration of its internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal controls over financial reporting.

Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting.

Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting.

A version of this article appears in print on 05/24/2013, on page B7 of the NewYork edition with the headline: Ernst & Young's Audit Procedures Faulted.

The company employs HACCP, GNP, USDA, organic, kosher, allergens and security compliance procedures, as well as practices in document control, traceability, analytical techniques, pest control, sanitation, ingredient and packaging inspection, audits and several other support programs.

A range of extra policies and procedures from how goods are handled and stored through to equipment maintenance and workflows also needed to be put in place and audited to identify the differences in packing organic products compared with conventional.

Audit findings are documented in reports that are reviewed for quality and adherence to established procedures.

DiNapoli, who said in the release, that «These audits are tools for local officials to make sure proper policies and procedures are in place to protect taxpayer dollars...», elaborated.

In a report issued today, the New York State Comptroller Thomas DiNapoli discloses that the New York State Health Insurance Program (NYSHIP) erroneously paid as much as $ 11 million for special items such as implants, drugs and blood and evaluation procedures that were not performed according to two audits released today by State Comptroller Thomas P. DiNapoli.

Despite the official defense of the agency's procedures, Landi said that he believed the audit would spur reforms in purchasing policy.

Through its own audit procedures, the Ministry of Justice has been systematically seeking prisoners» level of interest in voting and is known to have received positive responses.

administrative steps necessary to correct the difficulties outlined in this audit, which arose from procedures employed prior the mayor's administration.»

The report comes about five months after Mr. DiNapoli released a favorable report on a recent audit of Southold's financial procedures that showed a significant improvement compared to the last report issued in 2006.

State Comptroller Thomas DiNapoli released a favorable report Wednesday on a recent audit of the Southold School District's financial procedures, which shows a significant improvement compared to the last report completed in 2006.

The department brought in a new chief operations officer at the start of 2017, and she addressed the state board last week about new internal audit and contracting procedures.

TXCC will provide technical assistance to TEA by helping develop the audit procedures, assisting with data analysis, identifying areas of duplication, and aiding in the design of the guidance document to school districts regarding high - quality professional development.

AB 1575 would address issues raised in the lawsuit by establishing uniform complaint, hearing and audit procedures for students and parents looking to challenge fees and receive reimbursements, rather than them having to go through a costly, drawn - out court case.

«The bill would mandate that every single classroom in California post a detailed notice and that all 1,042 school districts and over 1,200 charter schools follow specific complaint, hearing and audit procedures, even where there have been no complaints, let alone evidence of any violation.

An internal audit report last year recommended improving procedures in this area.

«My prediction is that within five years, auto retailers will be required by their regulators to have a formal CMS in place,» Van Over says, envisioning increased emphasis on management oversight, risk assessments, policies, procedures, employee training and periodic audits.

It's more or less common knowledge that the EPA doesn't independently certify every car: automakers develop fuel - economy numbers according to the EPA's procedure, but the agency audits only ten to fifteen percent of them every year at its facility in Ann Arbor, Michigan.

When I ask if there is an electronic audit trail from my checking account to the management company in Nevada, all I get is evasive mumbo jumbo about check clearing procedures which my bank claims it is ignorant of without said endorsement.

Our security architecture and security procedures are audited and inspected by industry leaders specializing in security processes and technologies.

It should also state whether the licensor has a right to audit the books of the licensee and what procedures will take place if the licensor finds a discrepancy in the books and how often the licensee must render statements of account to the artist and how detailed those statements must be.

Last week, an independent audit confirmed they had become the first indigenous people in the world to generate REDD + credits under the rigorous criteria of the Verified Carbon Standard (VCS), which requires detailed validation and verification procedures.

Sound procedures are in place for c ontracting out of services and purchase of goods, project based staff time monitoring, expense claims and recording of general and project related costs, financial closing of projects and programmes, treasury and debtor / creditor management, annual audits.

In addition to testing the LiveRoof system, FM Approvals examined LiveRoof's manufacturing facilities and audited its quality control procedures to verify that the company produces a consistently uniform and reliable product.

Correction of weaknesses in procedure and record keeping (data) revealed by these audits apply to the Berkeley exercise, as does the need for documentation, data and changes.

The Internal Audit function has significantly broader powers than does the QA Audit function, in that any facet of the organization and its operations can be examined for deficiencies and for potential improvements, including deficiencies in the corporation's written processes and written procedures which the QA Auditors have no authority themselves to go beyond in performing their audits, or to criticize directly.

My work in industry was controlled using quality assurance procedures, which governed every aspect of the work, and we were externally audited regularly to ensure compliance and accreditation.

Remember how an internal audit of the World Bank's International Finance Corporation showed that it violated its own procedures in lending to palm oil companies — the social and environmental impacts of

For corporate clients, Tom does everything from writing personnel policies and procedures, to giving EEOC - compliance self - audits and DOL - approved management training, to handling crisis communications in high - profile matters, protecting reputations and brands.

Based on the new attitude we are seeing from the tax authorities, where they are more interested in imposing tax assessments than in investigating the truth behind the operation and whether the treasury suffered any harm, I would change the provisions that regulate the audit procedures.

As a trusted Paris law firm, Vatier's highly skilled labor and employment lawyers assist clients with employment contracts, management of individual employment relations, individual and collective dismissal procedures, restructuring plans, employment litigation before the Conseil des Prud» hommes, regulation of the workplace, employee representation, agreements as to work hours, management packages, company charters, profit sharing plans, social contributions, work - related accidents, URSSAF audits, collective employment relations, disputes with trade unions, and in litigation over elections for employee representatives.

That situation has triggered an increase in controversies, as well as an awareness from the taxpayers of the need to be advised during the audit procedure to avoid possible contingencies.

CPAB reported an increase in deficiencies related to basic audit procedures on significant but non-complex account balances and transaction streams.

If your business is in a highly regulated industry such as healthcare, finance, education or insurance, you'll benefit from working with a compliance professional to help you with building your compliance program and audit procedures.

His work includes, among other areas: policy and procedure implementation and roll - outs; terminations and reductions in force; internal investigations and employee discipline; reasonable accommodations, benefits, and leave of absence related issues; wage and hour compliance audits; and employee and management training.

Performance of employment audits to identify personnel policies and procedures in violation of state or federal law

I have acted for most of the major professional regulatory organisations during my career in various roles, including investigation and advocacy in disciplinary tribunals, dealing with appeals and judicial reviews, design and presentation of training to disciplinary bodies and their panellists, drafting of policy and of legislation and other aspects of legislation projects, undertaking fitness to practise audits and review of regulatory policy and procedure.

Employers should conduct an internal compliance audit to make sure that they have procedures in place to monitor that the terms of the nonimmigrant visa as to location, duties, and compensation remain unchanged.

She provides counseling and representation in all forms of consumer protection matters, and regularly assists clients with privacy and data security compliance audits, forensic investigations related to information practices, data security breach notification procedures and represents companies before state and federal regulators on a range of consumer protection compliance matters.

More recently, she interned with Massachusetts General Hospital where she assisted in internal audit site inspections and ensured Compliance with privacy regulations and policies and procedures.