Sentence examples for required audit from inspiring English sources
Two months later, Congress passed the Sarbanes-Oxley Act, which required audit committee members to be independent and prohibited their companies from accepting advisory fees from a company if they serve on its board.
Since 2002, SOX has only required audit partner rotation in the U.S. after five years.
And New Horizons' outside accountant, Carlos Castro, said Thursday that the nonprofit had received an extension from the IRS in filing the latest financial information because "they were having troubles gathering the monies to pay for" the required audit.
Thai transcripts were translated to English to comply with the required audit trail [ 71] by a Thai researcher (TC), who is a PhD student in the UK.
The responses were translated from Thai to English for data analysis because this study is a PhD project in the UK and an English transcript had to be prepared to comply with the required audit trail [ 31] by the Thai and non-Thai researchers.
"Congress required audits for good reason," said Senator Charles E. Grassley of Iowa, the senior Republican on the Finance Committee.
The SEC required auditing firms to disclose related business relationships and instated a variety of other steps too small to actually solve the problem of independence.
"Despite red flag after red flag, Deloitte deliberately chose not to perform even a fraction of the required auditing procedures to satisfy itself" of the legitimacy of companies like Bonlat Financing, the suit says.
State-sponsored required auditing by third parties, tested eggs for contamination with S. Enteritidis if layer houses were found to be positive, and diverted eggs found to be contaminated with S. Enteritidis to pasteurization and hard cooking.
A report by the Hong Kong government noted that hospital infection control standards were inadequate, requiring audit, development and implementation.
The rule also requires audit committees of corporate boards to review their companies' consulting contracts and permits the S.E.C.'s enforcement staff to bring cases based on the appearance of conflict of interest rather than proof of compromised objectivity.
