Sentence examples for internal bookkeeping from inspiring English sources
The same applies to underhand accounting practices: the shopper who rumbles Tesco's shoddy pricing strategy can't be expected to extend their scrutiny to the supermarket's internal bookkeeping.
The Treasury plan would let Fed officials examine the practices and even the internal bookkeeping of brokerage firms, hedge funds, commodity-trading exchanges and any other institution that might pose a risk to the overall financial system.
Moreover, Enron turned over to Andersen some responsibility for its internal bookkeeping, blurring a fundamental division of responsibilities that companies employ to assure the honesty and completeness of their financial figures.
The issue is that "there might be a complaint or an investigation about whether they showed enough and they would have to turn over their internal bookkeeping and potentially reveal Viacom secrets," Potter said.
Under legislation passed in the wake of corporate scandals, auditors have been barred from providing information technology, legal, internal audit or bookkeeping services to the companies that they audit.
Here's where your accountant may be able to provide valuable experience-based advice on how to use your bookkeeping system more effectively, how to improve internal controls or how to otherwise view and manage inventory.
An internal investigation initially found tens of millions of dollars of bookkeeping discrepancies — and the amount quickly ballooned.
Nonfictional entries included the Microsoft internal auditor who spoke up and said the company's bookkeeping did not conform to Generally Accepted Accounting Principles.
Postponing the internal audit might have enabled WorldCom to take a write-off for the expenses eventually, rather than disclose the bookkeeping problems that led to the current crisis.
Hence, a bookkeeping triumph.
