Based on the information mentioned in that article, our internalauditing department under the supervision of our board audit committee has reviewed and investigated each allegation separately and exhaustively.
Our internalauditing team under the supervision of our board audit committee conducted extensive review and investigation into these allegations separately and found no basis for any of the assumptions made by short seller.
The U.S. Internal Revenue Service is auditing how Google Inc. avoided federal income taxes by shifting profit into offshore subsidiaries, according to a person with knowledge of the matter.
Under Auditing Standard 5, passed in mid-2007, the audit of internal control over financial reporting is now integrated with the audit of the financial statements.