When necessary, audit committees can also hire their own accountants to help them understand the issues involved.
Cardinal, which said that Andersen could not sign off because the firm no longer had the necessary auditing staff, took the unusual step of calling an impromptu conference call to assure analysts and investors that the company did not face any concerns over the quality of its accounting.
Monitoring is therefore essential in order to guarantee SLA compliance to produced the necessary audit trail in the case of SLA violation.
One case study did, however, identify the fact that the CoP was highly dependent on face-to-face meetings to keep the energy alive [ 39]; while in another CoP, the lack of opportunity for members to meet face-to-face in a quantitative intervention trial was explored as a possible explanation for why only a third of initially-recruited participants completed the necessary audit cycle [ 41].
"There were procedural issues with the manner in which DOJ administered the program which made it difficult to have adequate auditors to complete the necessary compliance audits required," she said.
Commission officials, who declined a request by the senators to appear at the hearing, have said that spending changes were necessary to audit and monitor the program more effectively.
Additionally, by using the intelligent approach, companies can avoid to pay expensive consultant fees for inviting external consultancy company to provide the necessary EAM auditing and performance benchmarking.
It then becomes necessary to audit the share of very poor borrowers selected by an agent in order to provide the latter with adequate incentives.
An effective AC can exert pressure on the audited company to accept the adjustments proposed by the auditor when qualifications due to errors are detected, or to provide any additional information necessary to audit the firm's accounts.
In addition, a clear understanding of current clinical practice norms is necessary to audit clinical care, identify areas of concern and develop interventions to improve care quality [ 2].
Since it is not feasible and not necessary to audit every street in a selected neighbourhood, a purposeful sample of streets is drawn, ensuring that important neighbourhood features are included.
