Exact(1)
By late last year, Mr. Howard had assembled an impressive portfolio of duties at Fannie Mae, essentially having responsibility for overseeing how the company makes its money, how it counts its money and how it audits that count.
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The former employee said the office's priority was making sure it received good overall audits that are used by bond rating agencies.
The accounting firm Ernst & Young announced yesterday that it would stop selling information technology services to companies it audits and that it would no longer serve as internal accountant and external auditor at the same company.
Exxon Mobil, a competitor of Shell, says that it audits its proven reserves annually.
Bill Michael, chairman of KPMG, told the firm's 625 partners that it would phase out all but essential non-audit services for the 90 companies in the FTSE 350 index that it audits.
Afghanistan's election commission announced on Sunday it has completed the audit that will determine the country's next president.
KPMG will stop providing consulting and tax advice to all of the large listed companies it audits after accusations that the practice has compromised its independence.
Tumblr then released a statement which explained that it discovered content during an audit that wasn't included in the industry database it was using to filter out child sex abuse material from appearing in its app.
In January of last year, Apple said it audited a company that makes circuit board components found in Apple's and other companies' products, Guangdong Real Faith Pingzhou Electronics Co., and discovered 74 cases of workers who were under the age of 16.
It's a voluntary certification audit that sets environmental standards for a list of "business metrics" that include winery wastewater management, carbon emissions and use of synthetic refrigerants.
The KeySpan Corporation is taking issue with the draft of an audit that shows it overcharged the Long Island Power Authority more than $22 million last year.
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