Sentence examples for local auditors from inspiring English sources
In that case, the local auditors chose to ignore the national office.
The PCAOB did not win approval for its request to conduct in-person inspections of local auditors.
The fund supports projects proposed by national health ministers and then hires local auditors to make sure the money is not wasted or stolen.
To accomplish that, it is likely to be necessary to revise laws that now say auditing firms must be controlled by auditors — and by local auditors at that.
But when push came to shove, and the question was whether to approve accounting that the S.E.C. now says was clearly wrong, the local auditors signed off without telling the national office what was going on.
One reason the board exists is that investors were shocked by disclosures in the Enron scandal that local auditors for Arthur Andersen — the fifth member, now defunct, of what was then the Big Five — had felt free to ignore advice on accounting standards from the firm's technical experts, who worked in what is known in the industry as the national office.
The firm has snapped up the local auditor and previous Andersen affiliate Carlos Bidermann, whose weighty portfolio of prime Brazilian companies includes the steel maker Gerdau.
Could it be that the local auditor feared the national office experts would have backbone, and force him to anger a very important client?
In some countries, the Andersen presence takes the form not of a local partnership but of a franchise agreement, with a local auditor paying a royalty to use the Andersen brand name and to receive referrals from Andersen affiliates elsewhere.
When this was discovered by local party auditors, it was agreed that the cash should be repaid and the police kept out of things.
Two trials employed a central quality assurance (QA) monitor who performed SDV at all participating sites; one trial required sites to have local QA auditors to perform SDV; another neither performed central monitoring nor required sites to do so.
