... system, financial markets, financial institution, and financial coordination and supervision In China, institution building in thefinancial sector takes place against the backdrop of financial globalization ... countries D Major Issues in theinstitution building process of thefinancial sector The relationship between financial opening and financial security China’s decision to join the WTO signifies ... building Institution building in financial sector in China has been mainly achieved through a series of institutional reforms China’s financial institutional reform process could be divided into...
... 20 18 18 18 16 16 16 14 14 14 12 12 12 10 10 10 8 6 4 2 0 19 91 1993 19 95 19 97 19 99 20 01 United Kingdom 20 19 91 1993 2003 19 95 19 99 19 97 20 01 2003 Netherlands 20 20 18 18 18 16 16 16 14 14 14 12 ... continuously with the limits of illiquidity The expansion in the variety of intermediaries and financial transactions has major benefits, including reducing the transactions costs of investing, expanding ... brings), the private equilibrium again may generate excessive risk taking Restraining illiquidity Liquidity is clearly a public good, so it is likely the private incentives to provide for it,...
... Agencies 55 This is trial version www.adultpdf.com v List of Exhibits Exhibit 1.1 Exhibit 1. 2 Exhibit 1. 3 Exhibit 1. 4 Exhibit 1. 5 Exhibit 1. 6 Exhibit 1. 7 Exhibit 2 .1 Exhibit 2.2 Exhibit 2.3 ... The Office of the Auditor The missions of the Office of the Auditor are assigned bythe Hawaii State Constitution (Article VII, Section 10 ) The primary mission is to conduct post audits of the ... 2.3 Exhibit 2.4 Exhibit 3 .1 Exhibit 3.2 Exhibit 3.3 Exhibit 3.4 vi Hawai `i Tourism Authority Board Members Hawai `i Tourism Authority - Organizational Chart Hawai `i Tourism Authority Revenues...
... anticipation of an imminent relocation to that island Source: Office of the Auditor This is trial version www.adultpdf.com 19 Chapter 2: The Hawai `i Tourism Authority Enabled the Hawai `i Visitors ... assumed responsibility for the HVCB contract In comparison to the 14 This is trial version www.adultpdf.com Chapter 2: The Hawai `i Tourism Authority Enabled the Hawai `i Visitors & Convention Bureau ... 2: The Hawai `i Tourism Authority Enabled the Hawai `i Visitors & Convention Bureau to Exploit State Contract Funding HVCB’s two China offices are located in Beijing and Shanghai The Beijing office,...
... Hawai i in Taiwan and improving and maintaining the image of Hawai `i in Taiwan as a primary visitor and convention/incentive destination The contract was originally effective from May 1, 2002 through ... hearing monitoring One billing entry bythe law firm noted that it did work to “review/revise/finalize memo re HB 24 51 veto issues.” The bill, which was referenced HB 24 51, provided the authority ... leading business meeting, convention and incentive destination internationally; and create high profile exposure and marketing opportunities However, the authority did not identify a specific...
... Findings In the opinion of Nishihama & Kishida, CPA's, Inc., based on their audit, except for the recognition of expenses in the incorrect accounting year, thefinancial statements present fairly, ... conventions and incentives marketing 40 This is trial version www.adultpdf.com Chapter 3: Financial Audit Chapter Financial Audit This chapter presents the results of thefinancial audit of the ... recognition and awards, benefits, disciplinary action, grievance and complaint This is trial version www.adultpdf.com 37 Chapter 2: The Hawai `i Tourism Authority Enabled the Hawai `i Visitors...
... understanding of thefinancial statements and financial condition of HVCB are discussed in this section This is trial version www.adultpdf.com Chapter 3: Financial Audit Note (1) - Description of Business ... Nishihama & Kishida, CPA's, Inc Honolulu, Hawai `i May 20, 2003 Description of Financial Statements Statements of Financial Position (Exhibit 3 .1) These statements present the assets, liabilities, and ... marketing by funding the committee’s work In 19 45, the tourism marketing organization became known as the Hawai `i Visitors Bureau In April 19 59, the bureau was incorporated under the laws of the...
... contradiction with our finding that HVCB violated GAAP This is trial version www.adultpdf.com 55 requires further investigation We acknowledge the difference between the two CPA firms’ opinions ... address identified contract management deficiencies These actions include a new one-year extension contract with the Hawai i Visitors & Convention Bureau that incorporated new accountability measurements ... indicated that they would take immediate action to address them Actions include contacting the attorney general’s office to review our findings, holding a special board meeting to publicly discuss...
... 67 List of Exhibits Exhibit 1.1 Exhibit 2 .1 Exhibit 2.2 Exhibit 3 .1 Exhibit 3.2 Exhibit 3.3 Exhibit 3.4 Exhibit 3.5 Exhibit 3.6 Exhibit 3.7 Exhibit 3.8 vi Department of Agriculture Animal ... The Office of the Auditor The missions of the Office of the Auditor are assigned bythe Hawaii State Constitution (Article VII, Section 10 ) The primary mission is to conduct post audits of the ... Under its assigned missions, the office conducts the following types of examinations: Financial audits attest to the fairness of thefinancial statements of agencies They examine the adequacy of the...
... processing facilities, and several irrigation systems statewide Animal Industry Division The mission of the Animal Industry Division is to protect Hawai `i s livestock and poultry industries and the ... opens the door to deficiencies and failures in internal control and is the underlying cause for many of the findings identified during our audit The significant impact of not having formal policies ... $3.75 million in principal and interest payments This is trial version www.adultpdf.com Chapter 2: Internal Control Deficiencies The volume and scope of fiscal activity within the loan division...
... execute this responsibility without knowing the condition of its $22 million in outstanding agricultural loans As "policy directors," the board should be more involved in the operations of its loan ... compliance should be adequately documented within the loan files The Agricultural Loan Division is responsible for the administration of its loan program This includes the analysis of the collectibility ... information to someone other than the person making the changes to loan master files Revise policies and procedures manual to include duties and responsibilities for positions within the division;...
... opinion An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in thefinancial statements, assessing the accounting principles used and the significant ... responsibilities pertaining to cash Independent internal verification is vital as misappropriations of cash may go unnoticed For example, a cashier who prepares the reconciliation can misappropriate ... the respective changes in financial position thereof for the year then ended in conformity with accounting principles generally accepted in the United States of America As discussed in note 14 ,...
... (GASB) has set forth criteria to be considered in determining financial accountability The department has determined to include in its financial statements the activities of the Agribusiness Development ... only the activities of the department The department has considered all potential component units for which it is financially accountable and other organizations for which the nature and significance ... Corporation, a separate public instrumentality affiliated with the department for administrative purposes Basis of presentation The accounting policies of the department utilized in the accompanying...
... $3, 712 , 615 Compensated absences liabilities will be liquidated primarily bythe general fund In the past, approximately 80 percent has been paid bythe general fund and the remainder by various ... fund the acquisition of the Waiahole Water System Section 14 , Part IV of Act 11 1, SLH 19 98, requires the Agribusiness Development Corporation to reimburse the general fund in accordance with a ... amended This is trial version www.adultpdf.com Chapter 3: Financial Audit by legislative action The ERS issues a comprehensive annual financial report that is available to the public That report...
... This is trial version www.adultpdf.com This is trial version www.adultpdf.com This is trial version www.adultpdf.com This is trial version www.adultpdf.com This is trial version www.adultpdf.com ... and corrective actions planned, or already taken, to address the internal control deficiencies identified in our report This is trial version www.adultpdf.com 67 This is trial version www.adultpdf.com ... comply with generally accepted accounting principles Otherwise, the department generally concurred with our findings and recommendations, and provides additional information to explain its current...
... Office of the Auditor The missions of the Office of the Auditor are assigned bythe Hawai `i State Constitution (Article VII, Section 10 ) The primary mission is to conduct post audits of the ... grants, and litigation-related documents for cases involving injunctions, condemnations, and quiet title handled bythe Litigation Division The Legislative Division provides legal services on all ... accounting, data processing, and other administrative services for the department Legal services The Administration Division provides legal services to the Judiciary, the Office of the Governor, the...
... www.adultpdf.com 21 Chapter 3: Financial Audit Description of Basic Financial Statements The following is a brief description of the basic financial statements audited by PricewaterhouseCoopers LLP, which ... in Note 1, thefinancial statements of the department are intended to present thefinancial position and the changes in financial position of only that portion of the governmental activities, each ... www.adultpdf.com 17 Chapter 3: Financial Audit 2004, which collectively comprise the department’s basic financial statements as listed in the table of contents These financial statements are the responsibility...