Sentence examples for corporate auditing from inspiring English sources

National governments should support any efforts made by the commission to generate better practices and standards, starting with the basic building blocks of corporate auditing and accounting.

Mr. Mason was an early voice warning that firms offering consulting services as well as pure accounting oversight would erode the independence of corporate auditing.

News of a possible compromise came after Mr. Bolkestein proposed earlier in the day a unionwide law on corporate auditing that calls for similar standards to those being imposed in the United States.

But as the big accounting firms have grown to the point that auditing services provide a minority of their revenue, some officials and critics have expressed fear that auditors might not be truly independent from big clients that paid them more in consulting fees than they paid for their corporate auditing.

And like critics of ancillary law firm businesses, the Securities and Exchange Commission has expressed concern that auditors in a diversified company might not be truly independent from big clients that paid them more in consulting fees than they paid for their corporate auditing.

Speaking at a Labour event in central London, Mr McDonnell will say that he has commissioned an independent review of the UK's corporate auditing and accounting regime, by Prem Sikka, professor of accounting and finance at Sheffield University.

These groups would work with corporate audit committees to select audit firms and approve fees.

The bill would also add new obligations to corporate audit committees.

Malcolm Guy, founder of continuous data company Supply Link puts it bluntly: corporate audits have failed.

Here are the biggest corporate audit fees, as compiled by AuditAnalytics.com.com

To remedy this, we need greater oversight of accounting standards and corporate audits, not just higher penalties for corporate fraud.