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It said these included "deficiencies in recording material transactions timely, and in the organization and retention of financial documents and accounting records".
In Citi's case, these included "deficiencies" that had been identified previously, including insufficient ability to produce models on the impact on revenues and losses for "material parts of the firm's global operations".
(2011); they conclude that, within the sample of triennially inspected auditing firms, only those auditors receiving a PCAOB report that included deficiencies modified their outcomes.
DeFond and Lennox (2011) have demonstrated that audit-market exiting firms are more likely to have received an audit report that included deficiencies and to have avoided quality controls.
Seven percent (n=4) of letters included deficiencies in all seven domains, and 8% (n=5) had deficiencies in only a single domain.
Similar(7)
The constraining factors for health research in universities included deficiency in research skills among the teaching staff; inadequacy of research facilities; and lack of research grants.
Provider-related barriers include deficiencies in knowledge and skills (and ongoing educational opportunities), delays in referral, deficient communication, and deficient numbers of female health providers for female patients.
At least 19 of PwC's audits, for instance, were found to include deficiencies.
They may include deficiencies or excesses in the diet, obesity and eating disorders, and chronic diseases such as cardiovascular disease, hypertension, cancer, and diabetes mellitus.
Barriers relating to the health system include deficiencies in capacity (infrastructure, physical resources, human resources) and organization, and inadequate monitoring.
Environmental barriers include deficiencies in governance, the burden of displaced or refugee populations, and aspects of the medicolegal system, which impact treatment and referral.
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CEO of Professional Science Editing for Scientists @ prosciediting.com