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AN issue on the Disney agenda is auditor independence.
"I am left," he said, "with the inescapable question whether the root of the problem is auditor skepticism, coming to ground in the bedrock of independence.
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Second in nastiness to a going-concern opinion, but often more of a surprise, is auditor-enforced restatement of financials.
"Deloitte UK was auditor to Autonomy at the time of its acquisition by HP.
Neither are auditors able to deal with complex financial instruments.
Hence, the IC self-assessment reports during our sample period (2006 2010) were voluntary, as were auditors' attestations.
Today, there is one auditor for every $2.03 billion in contracts.
If there is, the auditor will state what that is.
What this contains is the auditor's opinion of the charity's 'health'health
Failure to deport immigrants immediately is costly, auditors found.
Now, it is said, auditors are poring over the Bonyad's accounts, and some 30-40 senior managers have been sacked.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com