"We'll continue to fortify this by tightening certain contractual language, auditing existing 3rd-party data partners, and evaluating future partnerships with enhanced rigor".
The case is being appealed, Mr. Wyman said, but in any case the new language in the audit letters was intended to clarify existing British law, not change it.
Jason Olim, CDNow's president and chief executive, played down the significance of the audit language, saying that Arthur Andersen was obliged to make only a qualified endorsement, given that CDNow had acknowledged it lacked enough money to operate through the end of the year.
Senator Bernie Sanders will offer an amendment that contains Rep. Ron Paul's audit language from the House financial reform bill, plus Sanders will codify the recent federal court decision requiring the Federal Reserve to turn over information about the original bailout recipients.
"When a primary decides to introduce a foreign language, they do an audit of their teachers' language skills.
Many British corporations file financial reports to the Securities and Exchange Commission in the United States, and some directors of those companies say they are concerned that their shareholders might find their rights restricted by the language of the new audit letter.
This analysis helps us structure the problem, provides a focus and a language, and establishes an audit trail.
Las Vegas Sands revealed on Monday that auditor PriceWaterhouseCopper was removing language from the company audit that indicated that the casino operator might not be financially viable.
One manager began ostentatiously leafing through a Greek dictionary during meetings; a rival, not to be outdone, started auditing Greek language classes.
This year, however, they got some pushback from a small group of Ron Paul supporters, who unsuccessfully offered amendments in favor of gay marriage and successfully worked to include language in favor of auditing the Federal Reserve.
