Sentence examples for auditing committees from inspiring English sources

Calpers has said the accounting firms' proposed reforms are "too narrow" and has called for companies to improve the quality and independence of auditing committees.

Several of Andersen's biggest clients said auditing committees were reviewing the firm's status as independent auditor and would forward their recommendations in proxy material to be sent to shareholders over the next several weeks.

"Auditors will now report directly to auditing committees rather than to management," said Manny Alas, a partner in the PricewaterhouseCoopers Melville office and a panelist at the Farrell Fritz conference.

John H. Gross, the managing partner in Ingerman Smith, a Northport law firm that represents about 60 school districts, including Roslyn, said that while an overhaul in financial oversight would probably benefit the public sector, in particular the establishment of independent auditing committees, there may be some legal roadblocks.

All had boards of directors that looked the other way while their chief executives ran roughshod over the auditing committees and often fattened their personal bank accounts while the businesses fell apart.

"The auditing committees will also have the power to conduct their own investigations into alleged wrongdoings.

Work hours allocated to audit committees alone have tripled during the last four years.

> > The two junior Council members are the auditing committee.

It means separating risk and audit committees.

*More meaningful investor protection by audit committees.

After all, boards have audit committees and compensation committees.