Smaller audit partnerships, such as Grant Thornton and BDO Seidman, have managed to grab some audits but, because they do not try to serve multinational clients, they expect that their gains will be relatively small.In this section Flaring up?
"To audit a partnership where there is a lot of money," Mr. Beebe said, "is much more cost-intensive".
It was the result of the Safe Delhi campaign, launched in 2004 by the NGO Jagori, which carried out citywide safety audits in partnership with UN Habitat and UN Women.
Only one in 142 tax returns of people making $100,000 or more is audited, but the audit rate for partnerships is just one in 400.
The Internal Revenue Service often audits the partnerships, which have risen in popularity since the early 1990's, tax lawyers said.
Audits of partnerships and other entities that are not themselves taxable, but whose profits are taxable to their owners, also slipped.
The department objected to the arrangement after a 2007 audit, saying the partnership violated a rule barring certifiers from reviewing operations in which they held a commercial interest.
Less than two months after approving the first partnership, audit committee members were told that the Securities and Exchange Commission was worried about managing earnings.
Jefferies pulls from an audit of a partnership between IBM Watson and MD Anderson as a case study for IBM's broader problems scaling Watson.
Schneider highlighted Verified Voting's efforts to pilot auditing practices in partnership with election officials in Colorado Orangee County, California; and Fairfax, Virginia.
The agency estimates its audit rate for partnerships and other pass-through business--where fraud and error are rampant was 0.5percentt in 2011.
