Word: audits
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...provide up to $3,000 to help displaced workers find new jobs. But as Edwards likes to point out as he stumps for the Democratic nomination, that's little comfort if there are no jobs waiting in your community when you get out of school. A 2001 Labor Department audit found that only 1 in 5 who participated in programs for displaced workers found jobs for which they had been retrained; nearly 40% ended up working part time or for less than they had earned before; 28% had not yet found any work at the end of their training...
...things. Meelia says that before Breen's arrival he had little contact with Tyco's corporate management, which didn't review the strategic plans Meelia submitted and for some reason lumped health care with plastics and adhesives into one division. At other units, the troubles went deeper. An internal audit of the company's accounting problems found some of the worst at Tyco Fire & Security, best known for its ADT home security alarm subsidiary. By manipulating the way payments for its accounts with local dealers of security systems were recorded, Tyco executives allegedly overpaid for accounts, shifted the money around...
...increasing subsidies. The promise not to increase fares again until after 2006 is far too weak a concession. The MBTA should make a more durable commitment to the community of riders by keeping fares low, steering improvement efforts toward the neighborhoods that truly need them and allowing an independent audit of its accounts. As it stands, the fare hike remains a suggestion of a regressive transportation policy in which those who can afford a car are valued above those who ride the buses and subways...
Parmalat unraveled quickly--and seemingly out of nowhere--after it had trouble meeting a routine bond-interest payment in November, prompting tougher scrutiny of its books by Italian regulators and its own auditors. A follow-up audit produced a stunner: an account held by the company at Bank of America in New York City that supposedly contained about $5 billion turned out not to exist. All the paperwork, including written confirmation from the bank to Parmalat's auditors, had been forged, Bank of America said. "What is shocking here is that it appears the assets were just plain fabricated," says...
...used to cows, killing cows, going out and eating the same cow you kill. I’m not used to this catching and buttering thing. The first thing I will do when elected—when elected—is call for an audit of the dining services. This monopoly...