Sentence examples for failed audits from inspiring English sources

Mr. Laden said no company has lost its seal as a result of an audit, but he would not disclose which, if any, companies have failed audits.

The Indian affiliate of PricewaterhouseCoopers routinely failed to follow the most basic audit procedures, the United States Securities and Exchange Commission said Tuesday as it penalized the firm for its failed audits of Satyam Computer Services, the Indian company that falsely reported more than $1 billion in profits.

The charges stemmed from failed audits at Waste Management, the trash company, which led to a $1.43 billion restatement of earnings in 1998.

Andersen, the accounting firm, went under because of its failed audits of Enron, and it probably would have done so even without the indictment, so severe was the hit to its reputation.

The suit stemmed from failed audits at Waste Management Inc., the large trash company, which led to a $1.43 billion restatement of earnings in 1998, a restatement the commission said was the largest in American history.

It is not clear whether that fight led to a lessened emphasis on quality, but in recent years Andersen appeared to be more likely than it peers to be involved in failed audits.

Accounting firms use similar names around the world but are legally separate partnerships in each country, an arrangement that helps them deal with varying national laws regarding firm ownership, which they cite to avoid liability for the rest of the firms if one of the partnerships is sued because of a failed audit.

There was one study site that failed audit, and therefore the 6 patients from that site were excluded from final analyses.

The United States suspended the import of all French meat and poultry, saying France had failed an audit of inspection facilities.

That controversy arose when Truste failed to audit or otherwise penalize Microsoft, a Truste investor and member, after it was disclosed that Microsoft's system software, Windows, collected the hardware identification numbers of some PC users and sent that to Microsoft without the users' consent.

The Essex side failed the audit by 3% in August 2013, and have been told they will be granted Category Two status, as long as they improve indoor facilities.