Quotes about auditing (16 Quotes)


    Rather than simply auditing assumptions, the NAO should report progress against the Chancellor's fiscal rules at the time of the Budget and pre-Budget report,


    Peter has extensive international auditing experience and is highly regarded as an expert in risk management and internal-audit best practice. These traits, among others, will be of tremendous benefit to Scottish Re and will further add to the company's commitment to regulatory compliance, organizational effectiveness and corporate governance.

    When you are not in a public arena, you don't have to worry as much about short-term earnings prospects. The other benefit is that you can save substantial money in not having to do regular public reporting to the Securities and Exchange Commission . . . and onerous requirements related to auditing.



    Apple's impressive security record is likely to be tarnished if the company continues to grow its market share while undervaluing security researchers and not properly auditing its code.





    As part of our HIPAA compliance initiative, we need to control the flow of sensitive information and limit access to authorized hospital personnel and certified third parties. Today we use Liquid Machines to automatically assign corporate-defined RMS rights to e-mail messages based on message content and intended recipients. We're looking forward to using Liquid Machines Document Control 6.0 new auditing and reporting functionality because it will allow us to track how RMS protected information is used, including blocked actions, which will let us effectively demonstrate compliance and information protection.

    We've been very prudent in this area over the years, with close and active oversight by the audit committee, ... But, in the current world, it's become more important than ever to make sure that our shareholders -- and the market as a whole -- have full confidence in our financial reports, including the integrity of the auditing process.

    These mechanisms are there. What you also find is that there is often extensive auditing. Every time the data is accessed, there is a record that says it was accessed, so that if there is any sort of problem, the application will report that the application wasn't working right or this end-user was trying to get access to info they weren't entitled to.

    The auditing profession sits on the razor's edge. One excessive court judgment even if later proven false could destroy one of the remaining major players in the auditing profession and put our financial markets at risk.

    No question, they're being tougher, more comprehensive in their audits, ... They're actually auditing transactions, rather than just auditing by interview. They're less tolerant of weaknesses in internal control systems, and not as ready to accept management explanations.

    If you look at it from the auditing side, you literally walk up to the fox and say, 'Are there any missing chickens' The fox then says, 'No, there aren't.' That's kind of the extent of the feeble auditing that we have in Canada.



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