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Detective controls are designed to identify errors and irregularities that have already occurred.
Earlier this month, the company said it would revise financial statements since 1998 because of "errors and irregularities" in accounting.
Lernout & Hauspie, once a highflier among European technology companies, said last month that it would revise its financial statements since 1998 because of "errors and irregularities" in accounting.
This suggests that for U.S. listed foreign firms, less frequent restatements can be a signal of opportunistic reporting rather than a lack of accounting errors and irregularities.
The pay cut occurred after the company restated its results for 2005 as a result of accounting errors and irregularities in its menswear division.
Lernout & Hauspie said earlier this month that it would restate two and a half years of financial returns after discovering "errors and irregularities".
Similar(47)
Iterations of level set evolution are adversely affected by numerical errors and other factors that cause irregularities.
It is impossible for an external observer to say with any confidence what led to these problems, but similar errors, irregularities, and inconsistencies seemed to have occurred in several other papers published by the same first author (Erickson et al.,,)—see Myhrvold (2013).
A wider Cabinet Office review of the contracts held by Serco and G4S, published on Thursday, found "potentially significant" errors or irregularities in three payment-by-results contracts for the Department of Work and Pensions work programme to support the long-term unemployed.
You need to show errors or irregularities".
Prosecution Arguments: There are no procedural errors of irregularities which injuriously affect any substantial rights of the accused.
More suggestions(14)
inconsistencies and irregularities
errors and fabrications
errors and misjudgments
errors and distortions
errors and omissions
errors and methodologies
errors and revisions
errors and sins
errors and corrections
errors and concessions
errors and inconsistencies
errors and delays
errors and missteps
errors and winners
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CEO of Professional Science Editing for Scientists @ prosciediting.com