The audit meetings (participants, number of cases discussed) and the outcomes of the audits are registered by the local audit groups in a separate database PARS.
Overall, our results suggest that auditors' strategic risk assessment (typically done in a business risk auditing context) is associated with the outcome of the audit process (the opinion).
Intel, based in Santa Clara, Calif., said in regulatory filings that it thought the outcome of the audit, which began in January, would not hurt its finances.
As depicted in Panel B, the serious infraction which consists of the "non-compliance with auditing standards that could have a significant impact on the outcome of the audit work and, accordingly, on the audit report" is the most common for both the audit firms (130 observations) and individual auditors (166 observations).
The outcome of the audit must provide sufficient evidence to give a clear indication that the supplier aligns with the expected quality objectives.
The results of this case study show that our proposed method can help the certification authorities and the software and safety engineers to gain confidence in the certification readiness of airborne software and predict the likely outcome of the audits.
Shaw said the outcomes of the government audit "won't deal with the reality of living with bad government policy" and he accused the chief minister of being motivated by politics.
The company suspended its share repurchase program in September 2006 pending the outcome of the accounting audit.
An identical audit tool was used to record the presence and frequency of use of each outcome measure for the audit and re-audit.
As most prior research focuses on the outcomes of the supervision of the auditing firm's internal quality control systems (inspections), our work contributes to the archival data by providing empirical evidence on the external supervision of the working papers of a particular audit engagement (investigations).
Since 2012, Merck has used Environmental Resources Management to conduct annual audits of mines and processing plants, and says it has severed relationships with two suppliers based on the outcome of these audits.
