Word: auditioned
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Dates: during 2000-2009
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Friedman said that additional oversight might result from reviewing applications every semester, rather than every year, and that the council reserves the right to audit any specific group at any time...
Last year, Associate Dean of the College David P. Illingworth ’71 called Risk Management and Audit Services (RMAS)—which normally audits the University’s budgets—to help audit certain student groups...
Illingworth’s original goal was to have the RMAS audit about six groups per year...
...Board audit committee must comprise only directors who are totally independent...
...Bolkestein complained in a letter to sec chairman Harvey L. Pitt on Aug. 29 that "the implementation of some of the provisions of the Act might have undesirable extraterritorial consequences or they might create unnecessary difficulties for European companies." Among his concerns: a new U.S. body that will oversee auditing firms will regulate non-U.S. auditors and have access to internal audit documents. This would likely breach national professional-secrecy laws in Europe and "constitute a wholly unnecessary and burdensome second layer of public oversight for E.U. audit firms," Bolkestein wrote. The sec has in the past been willing...