Does the relationship result in the accountant acting as management or an employee of the audit client?
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Not only was Robert Allgyer, the Andersen partner in charge of Waste Management's audit, also the marketing director for the firm's Chicago office, but he worked for his audit client in another capacity as well.
It should be the audit committee, not management, that decides whether an auditor should be allowed to carry out non-audit work over a certain value.
With the oversight of senior management and our audit committee, we have begun taking steps and plan to take additional measures to remediate the underlying causes of the material weakness, primarily through the development and implementation of formal policies, improved processes and documented procedures, as well as the hiring of additional finance personnel.
Effectiveness of the internal audit function including management focus and action on reports that cited weaknesses and other serious issues to address.
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Now the council's audit and risk management committee will be told in a report that work to meet recommendations tabled by the Information Commissioner is making good progress.
The MPs also said they were "disappointed" that the MoD had failed to improve its management of supplies, despite criticism from the National Audit Office dating as far back as 1991.
On a positive note all health care bodies broke even, including reducing management costs, however the audit office says they must continue to focus on ways to live within their means.
Except for the brief period of mutual antagonism after the passage of the Sarbanes-Oxley Act in 2002, auditors behave more than ever as if their client is management, and now the Audit Committee, rather than investors.
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Floods again, more dire economic predictions, the row over child abuse in North Wales rekindled and Awema, the 19th report in a row from the Wales Audit Office criticising the way the Welsh government deals with grant management.
The Minister for Social Development Alex Attwood said the team of audit, fraud, management and personnel experts went into NIHE on Monday.
Labour brought forward its NHS debate at parliament following a report by public spending watchdog Audit Scotland which said the management and scrutiny of the waiting time system "had not been good enough".
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In 2009, Liberty Consulting Group conducted a comprehensive management audit of Con Edison for the New York Public Service Commission.
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And the audit trail is also related to workflow management.
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His extensive knowledge of financial matters, particularly of large institutional and fund investors, is important to the Board and management as the Company operates as a new public company and in connection with his service on the Audit Committee and Compensation and Leadership Committee.
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These measures include procedures for delivery of periodic statements of account, annual audit information, and information relating to the management of the mineral estate to the tribe.
However, the civil service has also faced repeated criticism in recent years from the Wales Audit Office, which has published a number of highly critical reports into the Welsh government's management of the grants it gives to outside organisations.
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They have a hearing on the management of hospital consultants based on this report from the National Audit Office, which said the new contract for hospital consultants, introduced in October 2003, delivered many of the expected benefits in exchange for a significant increase in pay.
Ms Murray tabled an amendment to the government motion, calling attention to the concerns raised by Audit Scotland who have said councils needed additional waste management facilities to meet national and landfill recycling targets.
It is set against a background of concern that Wales is running out of landfill space, with the National Audit Office (NAO) Wales last year recommending that 500 new waste management facilities were needed by 2010.
The audit firms are loathe to be in an adversarial, challenging relationship with the management of their clients.
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Also reappearing this month is Deloitte, the professional services organization, which specializes in audit, consulting, financial advisory, risk management and tax services.
The audit office made its recommendations in the wake of a report on the financial management of Fermanagh College of Further and Higher Education.
The programme gives enterprise customers a choice of two levels of support, alongside access to the time-saving administration tool, Landscape, which includes audit, compliance and ongoing management features for large desktop deployments.
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In fact, both said, they liked using their audit firm for non-audit services because they were comfortable with them and their auditor knew management and the business best.
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Internal audit is one area that needs improvement, according to the OCC, along with risk management oversight by the Board, asset valuation processes, and model controls and integrity.
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That said, relief from the one-size-fits-all audit requirement does allow companies to defer meaningful expense while allowing management discretion over when and how to deploy resources on the controls that matter most.
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To get at the real picture, CEOs need to cut through several layers of management, talk to mid-level managers, and audit their companies' safety procedures.
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