Audit Quotations

The reason it takes us from November the second to December the sixth to certify is because we have a very tedious, very comprehensive process where we audit by precinct, across the state, every vote that was cast to make sure that every vote that was legally cast is counted.

Defense leaders should be searching for ways to reform out-of-date procurement processes, to collapse layers of Pentagon bureaucracy, and to restrain the growth in personnel and benefits costs. A critical first step in that process should be to conduct a full Pentagon audit to determine how DOD spends taxpayer dollars.

Most philanthropists want to be effective altruists. But the problem isn't intention: it's measurement. Unlike financial investing, which has reporting standards, audit processes, and educational requirements, social investing is notoriously tricky to evaluate.

It's absolutely critical that we audit the Fed so the American people can see what's going on over there. Do it from top to bottom so that we can have transparency in this entity called the Federal Reserve. Hopefully, the American people will see that we need to go back to the gold standard, which I've introduced, and get rid of the Fed.

The Pentagon can't even audit its own books. It doesn't even know where its money is going. And we refuse to have the tough forces go on the Pentagon so that at least they are efficient with the money they're spending.

I was an accidental banker. To please my parents, I went for an interview with Chase Manhattan Bank in 1983. They promised to send me into their offices in more than 40 countries and essentially audit the practices. It was an extraordinary job.

The National Security Agency has broken privacy rules or overstepped its legal authority thousands of times each year since Congress granted the agency broad new powers in 2008, according to an internal audit and other top-secret documents.

The details of what the Fed did were kept secret until a provision in the Dodd-Frank Act that I sponsored required the Government Accountability Office to audit the Fed's lending programs during the financial crisis.

We are pleased to have completed our audit and filed our Form 10-K, ... We look forward to regaining full compliance with NASDAQ listing requirements by filing our first and second quarter Form 10-Qs.

We've added GPS on almost the whole fleet of vehicles in Water, Streets and Sanitation and Transportation. We've increased the amount of inspections we do on crews in the field. And we audit the work completed. That's the best tool we have to ensure quality jobs, validate materials used and make sure the work was completed.

With the increasing deployment of Oracle and SQL Server databases as a repository of mission-critical data, auditing and compliance have become critical issues. Our customers have more complex IT and database infrastructures, but may not have the expertise to effectively manage them; DB Audit Expert is a solution that is easy to deploy, easy to manage and that captures all the audit data required to ensure that compliance can be assessed on an ongoing basis without hiring a DBA.

With the high prices of gas and energy in general, it is becoming more important for families and businesses to save money where they can. A home energy audit is the first step to assess your home's energy diet and to evaluate what measures can be made to make your home more energy efficient. An audit will show you problems that, when corrected, save significant amounts of money over time.

We're getting ready to begin an audit of the technology program from A to Z -- staffing, equipment and software and how we utilize technology. Recommendations are due to the superintendent this spring.

Let me be clear, the audit did not single out Asian Americans as Asian Americans.

If they are in an audit situation, we can't confirm or deny it. The IRS looks at numerous market segments. But government agencies, they're not immune either.

If we are left intact, we will try to fix the department to what it ought to be effective, efficient and responsive to the public. I see myself as part of the solution. This audit is something we requested.

We expect to see changes as a result of this work and we will be using participation in the audit as part of our annual performance ratings for primary care trusts.

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.

Having been around audits for a number of years, there was nothing particularly outstanding in the audit that I would consider to be a severe deficiency, ... Some things need to be changed, and they will be.

There is an audit being done of peacekeeping department management. As a result of that audit, which also took a look at the procurement department ... we have put eight staff members on special leave with pay.

HUD said they would be doing a complete audit of all sections of the housing authority. The board requested this audit some time ago.

I absolutely believe that an audit is warranted; 20 years is too long, ... There have been a lot of allegations about this board, but the key word is 'allegations.' We need to, hopefully through an audit, see if the allegations have any merit. I'm not necessarily digging for any unethical behavior, but after 20 years, I think we should take a look.

I thought they would have come with some recommendations that actually reduce the burden -- maybe, you'll only have to, say, audit a third of the controls in any given year. Or maybe they would have come with some clarity on what are effective controls, a problem for all-sized companies.

I think what the minister said the whole issue of who is on lists, how do you audit or monitor it to make sure you are gaining the ground you need to gain is an important part of this.

I think the repeat findings would be the result of the audit cycle to a great extent. The agency had just two months to make changes based on his recommendations. We fully expected the possibility of repeat findings.

People are asking for trouble if they think the hospital is going to audit their own bills correctly. Talk about the fox guarding the henhouse.

Our issue now is that we are moving forward, that the system is a much healthier organization than it was during the audit findings of 2003 and 2004.

Parents use the Report Card's indicator values, ratings, and rankings to compare schools when they choose an education provider for their children. When parents already have a child enrolled at a school they use the report cards as an annual audit of how that school is doing academically.

Over the last several months, given the current climate and in an abundance of caution, we went back and did an internal audit and found these two events.

Remember that even if you haven't been audited in the past, it doesn't mean you won't be in the future. And it only takes one audit to ruin your day.

Why, when the auditor-general condemned this practice in the sponsorship scandal, does this government still award contracts with no proper audit paper trail?

When that audit is complete we'll get a copy of it. Our office will review it, and we'll take appropriate action if action is warranted.

While a report may say one thing, you've got to have the proofs, the evidence, the contracts, the paperwork, the expenditures -- a paper trail. If it doesn't come up to that, it doesn't matter what a recommendation or referral says. We have a far different standard than an audit in order to move a case to a court for trial.

Voting should go quickly once people learn how to use the touch screen. It's better in a whole lot of ways than printed ballots. An election can be certified in two days. It should also minimize recounts. The old paper ballot machines would sometimes miscount the ballot and sometimes two ballots would go through instead of one. The touch screen will leave a paper audit trail and recover everything each voter does.

With the distractions of the recent audit committee investigations largely behind us, we expect much improved management focus and quality of execution in this business during the second half of the year. Going forward, we can and expect to do better.

We aren't looking at why one guy got $200,000 and another guy got $300,000. We want to understand how audit partners are compensated, what the incentive is that drives their behavior, and whether they are being given incentives on the quality of the work they do, rather than just on, for example, the amount of new business they bring in. We want to figure out how to build this into a standard where compensation becomes an important factor in motivating audit partners to do the right thing.

We are committed to making changes to our business that will restore the public's trust, enhance the quality and independence of our audit practice, and allow all of our practices to thrive.

Upon learning of these accounting irregularities, I immediately requested that the trust undergo a full and complete audit from its June 2000 inception through 2004 to determine if any additional accountancy problems existed with the trust.

We'd like to talk further with the audit bureau and clarify this. We definitely believe they (the expenditures) are allowable.

We're still unraveling this whole mess, ... The special audit is identifying who is owed what amounts of money, how much was taken from the commission, the clerk's office, the state and in what amounts. It's a complex puzzle.

This safety audit that the insurance company does is thorough. It involves safety issues with equipment, building security and just all kinds of things like that. They give us a detailed report and we're glad to use it.

There has to be a regular performance audit to do a comprehensive analysis to determine how the funds are performing. We can't come to the bargaining table with information that's six years old.

We basically had a real-time audit by Arthur Andersen ongoing, all the time.

We are excited to have Dale as a partner and Georgia as a principal in our audit practice. They each bring a strong commitment to responsive client service and a depth of technical expertise.

First, I'd make sure we have fiscally responsible government, and I thought this even before the audit results came down. Second, we should have a world-class education system. I'm not running for the school board, but I know the commission plays a critical role to provide a top-notch education for our students. Third, I think there should be impeccable ethical standards in our government.

You are on the hook for an audit for three years. But if the IRS finds something like a substantial understatement of income they can go back six years.

You have to have a reason to conduct an audit in the first place. You can't just request to look through books.

This years audit findings show there is still significant work to be done to ensure that the process of appointment is widely seen as open, fair and free from interference.

We are very pleased to have John join our Board. He is an accomplished financial executive whose extensive experience as a financial advisor, senior corporate executive and auditor will be a great asset to both the Audit Committee and our company as a whole. We look forward to working with John and drawing on his wealth of experience and insight.

We are still awaiting the results of the audit from the provinces which we have selected randomly.

Even the new audit has a lot of the functions of the old one, with some new features.

As the state's chief fiscal officer, I am committed to making sure tax dollars are spent wisely and in absolute accordance with the law. If during my audit I find that Cassidy & Associates inappropriately used tax dollars, I will immediately suspend all future payments and take the necessary steps to make sure these dollars are returned to the state.

Customers say they've found real problems during the process, and it's better to find them during an audit process than later.

Enterprise continues to have outstanding financial and audit reports, and it amazes me when I think about the goals the city has accomplished since I was hired.

Each federation must have an annual audit and even if just 10 francs are missing to know who to hold to account.

FAST encourage businesses to do an electronic audit of the software on their systems. Our question to people running businesses is ? have you got control of your enterprise systems? The answer is probably 'no'.

The results of this audit confirm that Citizens has taken and continues to take all the right steps to improve customer service.

The resources to audit the members are severely taxed.

There was a close-out meeting, and I learned that the audit was more in-depth than I thought it would be. The auditors told me they would issue their findings in a written statement within 30 days.

These additional costs represent good value for money against the cost of enforced returns which the National Audit Office has calculated to cost 11,000 pounds (19,800 US dollars) each on average.

The rules would quite possibly prevent their consent to an audit from qualifying if they have a criminal issue.

It would appear that someone's attempting to make this audit political, and we are not going to let that happen. We are going to take the time we need to do a full and accurate report.

The survey validates the need for comprehensive information security solutions that both integrate coverage against a wide range of complex security threats and make it easier to audit compliance to FISMA controls. Internet Protocol communications are transforming the way government works. Cisco sees providing security for the information infrastructure as both a business opportunity and a responsibility.

A full audit of software located on our company computers discovered that an employee had installed software for which we had not paid licensing fees. Since then, we have implemented a robust software management program to more closely monitor installations of software programs on all company computers.

Companies that want athletes to use their products pay us to participate in the program, which allows us to test their products and audit their manufacturing process.

A number of portions in the request were identified as items that, through the normal process of follow-up and closure of audits, could be resolved. Office of Management and Budget stated that the unresolved audit questions could be cleared up on a case-by-case basis and done administratively between the federal granting agency and the government of Guam agencies.

Attorneys and other professionals paid for billable time have told us that speaking to a client on a mobile phone typically involves recording the details of the call on scraps of paper that are often lost or inaccurate. Until now, there was no easy way for attorneys and others to track mobile calls or audit time spent using a mobile phone to speak with a client. This causes inefficiencies and potentially lost revenues.

Bank of New York or Bank of America would come in and each would have their own regulatory or audit questionnaires. But it would be in a different form.

Background screening might appear to be a cut and dry decision for a corporation, however, common buyer misperceptions are placing corporations at increased risk of regulatory non-compliance, workplace violence, fraud and possible litigation. Based on an audit of over 500,000 employees, Verified Person estimates that current employer practices are identifying only 66 percent of relevant criminal offenses.

This is a normal process. It's like a normal tax audit by the IRS.

The university is establishing such a mechanism with the full support of the administration and the Audit Committee of the Board of Trustees.

This commission cannot and will not tolerate a pattern of growing restatements, audit failures, corporate failures and massive investor losses, ... Somehow we have got to put a stop to the vicious cycle that has now been in evidence for far too many years.

This audit is reflective of the difficult circumstances Shelley faced during his administration.

Also, from an Independent restaurant's perspective, the fact that we are a professional services company means that we offer more than just cost savings. Our customers have access to valuable services such as in-depth reporting that helps track spending behavior, category/product knowledge and trend information from our product experts, quality assurance at every stage of the supply chain, price audit reviews - and much more.

They're grading for audit potential, and the more your return deviates from the norm, the higher your score.

A subsequent audit of information related to the health certificate by Canadian officials found that it was not accurate.

It seems to me the idea of competing for resources with audit is the shortest path to going away. If you partner with them and share the load and treat audit with due deference, you have a shot. As long as you compete, it won't work.

It was clear to me there that there was a visible audit trail from the vice president's office through the secretary of defense down to the commanders in the field.

It's very difficult to track. They don't have one place for all their telecom inventory, so there are lots of Post-it notes and manual processes, and it's virtually impossible for them to audit the bills because they barely keep up with them, much less make sure they're accurate.

Forced confessions were extracted from some of the hostages in which they were made to say on camera that they had been forced by the international community to audit these banks,

It's the stuff that advocates have been complaining about since the inception of No Child Left Behind. I think it speaks to the attitude of administrators in Utah. It's always about their reputation, and it's not about our children. Hopefully this audit will help them to re-examine their motives and look at the education of low-income and ethnic minority children.

It's not unusual for artists to request an audit of their record label accounts from time to time. Sometimes there are differences of opinion, especially when the record contracts are complex, and there may be issues of contractual interpretation.

It starts with performance and integrity. We've been in most of our businesses for over 100 years and we have a very experienced leadership team, ... We've got the world's best audit staff. We've got a culture of integrity, and that's what investors have to respect.

That is a huge obligation. With the best will in the world there is no director who is fully conversant with the 120 or so acts that affect business. We are already seeing signs that retired directors are refusing to be directors. They don't want to serve on audit committees and boards because of the risks attached.

The audit will also include the calculation of penalties due for violation of state law requiring prompt payment of wages.

The audit tool is really designed to tell you what software programs you have installed on you computers. In addition, you've also got to go to your file cabinet and make sure you have licenses.

The audit shows that our department has reduced its expenditures in the areas of hospitality and travel by nearly 20 per cent over the past two years,

The audit review found that all product that was shipped to Japan during the recent export window fully conformed to established export program standards.

The audit logs are turning up evidence that Google systems are infected with spyware and other stuff. I've been tracking where these intrusions are coming from. The trail leads back to Google's Web sites.

The audit company, which I cannot reveal because it's private and confidential, is still working on the audit report. I cannot give a timeframe but they will finish their work, very soon. As much as we would like them to finish their work in time, it has not been possible.

There's very little audit trail assigned to this phone. One can walk in, purchase it in cash, you don't have to put down a credit card, buy any amount of minutes to it, and you don't, frankly, know who bought this.

After studying all the complaints, and after the manual and electronic audit of samples of ballot boxes in the provinces, the electoral commission will announce within the next few days some decisions about canceling the results in stations where fraud was found.

At this stage it does not, however, appear that his death will have a material impact on the audit process or the timetable for communicating with shareholders.

The IRS is starting to look at this audit thing as a way of generating revenue. They are starting to look for people with over $100,000 in income.

The IRS has decided to focus most of its audit resources on small businesses and the self-employed.

I'm very pleased with how the audit went.

If you don't get the audit committee piece right, you have kind of missed.

If you can't show through an audit trail how you arrived at the numbers on your balance sheet, that is a significant internal control failure,

Intel and Microsoft SMS will mean relief for those who manage computer networks who have struggled to effectively control virus outbreaks, audit networked PCs or handle computer problems without affecting users' productivity.

I haven't had time to review the entire audit but, from what I have seen, it appears that we're in good shape and things are looking up for us. We hope to continue improving.