"Firms that conduct audits knowing they cannot comply with laws requiring access to these work papers face serious sanctions".
But a meeting between the two sides in November appears to have ended frostily, and the SEC hardened its position this week by declaring that "firms that conduct audits knowing they cannot comply with laws requiring access to these work papers face serious sanctions".
But they cannot comply if teachers speak poor Estonian, he said.
For a start, many say they cannot comply with some Uruguay-round commitments to upgrade customs-valuation procedures, for example, or to enforce food-safety standards.More generally, developing countries complain that the Uruguay round was unbalanced.
Lawyers for Mr. Levy have argued that he cannot comply because the state has not trained or recruited enough certified teachers.
"When we overcome the financial crisis," Mr. Cavallo predicted, "the perception in the markets that we cannot comply with our obligations and will fall into default and devaluation will dissolve.
The Pentagon's financial statements are in such poor condition that they cannot be audited, Mr. Walker said, and most other agencies do not comply with federal accounting standards.
The firm has gone to court to fight the S.E.C. request, saying that under Chinese law it cannot comply with the subpoena.
Wikipedia contributors also must comply with the "no original research" principle, which means that they cannot write any individual opinions into the online encyclopedia.
