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Their management will enjoy more autonomy, but they will be subjected to thorough audits.
Demands for thorough audits are growing, and firms winning business from Andersen will need help.
The council's board is scheduled to meet in February, she said, and the question of more thorough audits would probably come up then.
Driven by closer regulatory scrutiny, legislative pressure and the high-profile spending scandals at local school districts, charities and nonprofit agencies say they have no choice but to conduct thorough audits each year.
"It's extremely unusual, as companies generally go through very thorough audits before filing and so should have their policies and procedures fairly well ironed out," said Lise Buyer, principal at Class V Group, which advises startups on public offerings.
"This data shows that the length of audit time for the audits of the big guys is really decreasing and that raises questions, clearly, about how thorough audits are and the time pressures the agency is under to produce numbers" rather than quality law enforcement, she said.
Similar(52)
The congress hired him in 1998 to make a thorough audit of the bank rescue.
I believe a thorough audit of TMC's involvement at all YOIs is highly desirable".
"Our aim is simple: We've committed to the most thorough audit" in history.
So part of the deal was a thorough audit of the votes.
A thorough audit of that process has been carried out and work is due to begin on the bridge this year".
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