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Pennsylvania's Auditor General suggests marijuana legalization could help state close budget deficit
6 Mar 2017, 5:47 pm
A notable bean-counter is making a notable case for marijuana reform in the Keystone State. [read post]
9 Nov 2011, 4:51 pm
He added that, since business dynamics are changing constantly, a process is needed to keep independence rules up with the business changes.Scott Showalter, formerly of KPMG and currently a professor at North Carolina State University, called for clarified and streamlined auditor independence rules, and for simplicity, which he said would aid enforcement and improve independence. [read post]
15 Apr 2009, 2:15 am
The state auditor has published a new report casting light on a subject I've long thought deserved more scrutiny: Training grants made by the Texas Court of Criminal Appeals as part of the court's administrative functions. [read post]
30 Aug 2017, 3:00 am
Although there are legitimate reasons to change auditors having nothing to do with company malfeasance or auditor malpractice, turnover is rare so it can raise questions. [read post]
31 Jan 2013, 7:55 pm
According to a recently released report by the North Carolina State Auditor, the state's Industrial Commission has failed to fulfill its primary role of ensuring that employers carry insurance to cover potentially injured workers. [read post]
9 Aug 2015, 7:00 am
The state-wide elected (Republican) Auditor of Ohio, Dave Yost, has penned this fascinating new commentary headlined "Ohio marijuana proposal echo cautionary tale of margarine prohibition. [read post]
23 Jul 2018, 2:09 pm
Late last week the Auditor General of Pennsylvania released this notable report on “Regulating and Taxing Marijuana” that reads a bit more like an advocacy group's document than something that would emerge from a state government office. [read post]
25 May 2012, 8:00 am
Moreover, whatever state law suggests, the SEC has grafted onto the exclusion an exception that is not contained in state law. [read post]
PCAOB Standing Advisory Group Views Auditor Independence as Core to Auditing of Financial Statements
9 Nov 2011, 4:51 pm
He added that, since business dynamics are changing constantly, a process is needed to keep independence rules up with the business changes.Scott Showalter, formerly of KPMG and currently a professor at North Carolina State University, called for clarified and streamlined auditor independence rules, and for simplicity, which he said would aid enforcement and improve independence. [read post]
PCAOB Standing Advisory Group Views Auditor Independence as Core to Auditing of Financial Statements
9 Nov 2011, 4:51 pm
He added that, since business dynamics are changing constantly, a process is needed to keep independence rules up with the business changes.Scott Showalter, formerly of KPMG and currently a professor at North Carolina State University, called for clarified and streamlined auditor independence rules, and for simplicity, which he said would aid enforcement and improve independence. [read post]
1 Feb 2013, 9:00 am
State Comptroller's auditors alledge that NYSHIP provider Empire Bluecross Blueshield paid excessive amounts for special medical items Source: Office of the State Comptroller New York State Health Insurance Program (NYSHIP) provider Empire BlueCross BlueShield [Empire] has routinely allowed hospitals to charge excessive amounts for special medical items such as implants, drugs and blood because they did not sign agreements to limit reimbursement for… [read post]
10 Mar 2014, 3:47 am
In response to Commissioner questioning, he stated: "We don't have an active project or work going on within the Board to move forward on a term limit for auditors." [read post]
31 Dec 2013, 4:45 am
EU Auditor Rotation Becomes Mandatory Davis Polk's Ning Chiu blogs: A preliminary agreement reached between the European Parliament and EU Member States will require audit firms to rotate every 10 years, with extensions for up to 14 additional years if there is a joint audit, which is required in some EU nations and not uncommon in others, or 10 more years if the work is put out for bid. [read post]
29 May 2012, 5:00 am
Shareholders and other interest groups will not get relief appealing to state law since these are management friendly jurisdictions and not likely to increase the authority of shareholders at the expense of management. [read post]
17 Mar 2016, 3:56 am
By popular demand, this comprehensive “Auditor Engagement Handbook” covers how to engage an independent auditor, from the factors to be considered and engagement letter issues. [read post]
28 May 2012, 5:00 am
If shareholders pass a resolution mandaing rotation, companies can challenge the provision in state law, arguing that it is a matter left to the discretion of the board. [read post]
19 Dec 2008, 12:42 am
On the eve of oral arguments regarding the constitutionality of Act 2 (2007) in the Superferry Case, the Office of the Auditor released Report No. [read post]
31 Mar 2015, 2:37 pm
Of note, the Court declined to find a blanket “auditor exception” to the doctrine, despite the fact that several states have adopted such an exception. [read post]
9 Jul 2015, 1:11 pm
With Maryland parents more than $1 billion in arrears, Maryland’s Child Support Enforcement Administration has been lax in following up with employers regarding wage garnishments of deadbeat parents and in ensuring non-paying parents are correctly coded in the state’s automated process of suspending their driver’s or occupational license for long-outstanding payments, stated legislative auditors in a report released this week. [read post]
7 Jun 2019, 3:00 am
There are several other components to the guidance, and one of the more interesting is the PCAOB’s view that in this situation, the auditor “should not state in its required annual affirmation that the auditor is independent, but instead indicate that the auditor would be independent except for the violation or violations that it has identified and discussed with the audit committee. [read post]
