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The most egregious conflict, he said, "was the performance of internal audits by the external auditor; he's auditing himself".
The Council suggested that the Conference take the above comments by the external auditor into account when discussing item 16 of its Agenda.
Since the audited accounts afford the opportunity for appropriate comments by the external auditor, the Council agreed to recommend that the Conference approve the following revision of Financial Regulation 10.3: 38.
Similar(56)
Grayling said the £68.5m would reimburse the government for money owed on the tagging contract and for other costs incurred, such as the cost of the investigation, which included a forensic audit undertaken by the external auditors PwC.
"But could the external auditor do the same thing?
The external auditor will now be required to report any red flags to the I.R.S.
–Financial statement fraud sometimes implicated the external auditor.
"The external auditor has already commented on the issue in reports to the council.
Because of this, one of its missions is to give support to the external auditor.
The external auditor will be required to report "red flags" to the IRS.
We hope the External Auditor will continue and expand his work in the value for money audit.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com