legislative regulatory sources of selected audit committee responsibilities

... order of extraction, these are: economic risk; audit committee activities; risk of regulatory action; audit firm ethics; economic independence of auditor; audit partner rotation; risk of client ... communication with audit committees; CEO/CFO sign-off on financial statements; increased emphasis on quality of auditors; more rigorous audits; and audit committee oversight of auditors Interview ... member of the audit committee has recent and relevant financial experience.’ The responsibilities of the audit committee include monitoring ‘the integrity of the financial statements of the company…reviewing...

Ngày tải lên: 16/03/2014, 00:20

... Scott Tjomsland, CPA Mike Willis April Snyder Deputy Legislative Auditor Audit Manager Audit Director Senior Auditor Senior Auditor Staff Auditor Auditor Intern Exit Conference The finding and recommendation ... Revenue We have performed certain audit procedures at the Department of Revenue as part of our audit of the financial statements of the State of Minnesota as of and for the year ended June 30, ... of Prior Audit Issues As of June 30, 1998 The Office of the Legislative Auditor audits annually those Department of Revenue tax programs that are material to the State of Minnesota’s Comprehensive...

Ngày tải lên: 20/06/2014, 08:20

... Page Management Letter Status of Prior Audit Issues Department of Transportation Response Audit Participation The following members of the Office of the Legislative Auditor prepared this report: ... Division Audit Director Internal Audit Manager Director of Financial Management Director of Financial Operations Financial Reporting Supervisor STATE OF MINNESOTA OFFICE OF THE LEGISLATIVE AUDITOR ... Deputy Legislative Auditor Audit Manager Auditor-in-Charge Senior Auditor Auditor Exit Conference The findings and recommendations in this report were discussed with the following officials of the...

Ngày tải lên: 20/06/2014, 08:20

... EVALUATION OF THE EXTERNAL AUDITOR QUALITY OF SERVICES AND SUFFICIENCY OF RESOURCES PROVIDED BY THE AUDITOR The audit committee s evaluation of the auditor begins with an examination of the quality of ... objectivity and professional skepticism of the auditor? Audit Committee Annual Evaluation of the External Auditor EVALUATION OF THE EXTERNAL AUDITOR AUDITOR INDEPENDENCE, OBJECTIVITY AND PROFESSIONAL ... Audit Committee Annual Evaluation of the External Auditor EVALUATION OF THE EXTERNAL AUDITOR QUALITY OF SERVICES AND SUFFICIENCY OF RESOURCES PROVIDED BY THE AUDITOR continued EVALUATION OF THE...

Ngày tải lên: 17/02/2014, 21:20

... creation of a special peace officer category, with an accompanying modification of the training curriculum that is more consistent with the duties and responsibilities of a probation and parole officer ... Oklahoma Department of Corrections;  Commissioner Terri White of the Oklahoma Department of Mental Health and Substance Abuse Services and staff of her department;  Representatives of the county ... staff of the Oklahoma Department of Corrections We were impressed by the professionalism, enthusiasm, and commitment to excellence by staff at all levels of the department The willingness of the...

Ngày tải lên: 16/03/2014, 00:20

... stewardship of forest resources Introduction 13 TABLE 1.1 Comparison of regulatory initiatives COUNTRY INDIA REGULATORY Forest Rights Act 2006 INITIATIVE 14 Critical Review of Selected Forest-Related Regulatory ... extent of native boundaries carried out = boundaries of native customary land often matter of dispute Inadequate recognition of land rights of nomadic people Paradigm of reducing dependence of forests ... codes of harvesting The review of these regulatory initiatives proceeded as planned, with the exception of the study in Sarawak that was broadened to cover selected aspects of the forest regulatory...

Ngày tải lên: 26/03/2014, 14:08

... consequences of SOX, on audit committee members’ decisions II LITERATURE REVIEW 2.0 Overview Initially, this section provides a history of audit committees, as well as an overview of the regulatory ... regarding the professional experience of the audit committee financial expert Almost half of the financial experts of the large firms sampled have held the positions of Chief Executive Officer and/or ... willingness of audit committees to support the auditor in disputes with management regarding the booking of audit adjustments Knapp (1987) was the first to experimentally examine the role that audit committees...

Ngày tải lên: 01/06/2014, 13:57

... Reproduced with permission of the copyright owner Further reproduction prohibited without permission Reproduced with permission of the copyright owner Further reproduction prohibited ... without permission Reproduced with permission of the copyright owner Further reproduction prohibited without permission Reproduced with permission of the copyright owner Further reproduction prohibited ... without permission Reproduced with permission of the copyright owner Further reproduction prohibited without permission Reproduced with permission of the copyright owner Further reproduction prohibited...

Ngày tải lên: 03/06/2014, 00:50

... http://leg.mt.gov /audit. htm This is trial version www.adultpdf.com LEGISLATIVE AUDIT DIVISION Scott A Seacat, Legislative Auditor Tori Hunthausen, Chief Deputy Legislative Auditor Deputy Legislative Auditors: ... 08-29 LEGISLATIVE AUDIT DIVISION Scott A Seacat, Legislative Auditor Tori Hunthausen, Chief Deputy Legislative Auditor A-1 Deputy Legislative Auditors: James Gillett Angie Grove Independent Auditor’s ... Gillett Angie Grove March 2008 The Legislative Audit Committee of the Montana State Legislature: This is our report on the fiscal year 2006-07 financial audit of the Montana Water Pollution Control...

Ngày tải lên: 18/06/2014, 20:20

Ngày tải lên: 18/06/2014, 20:20

... LEGISLATIVE AUDIT DIVISION Scott A Seacat, Legislative Auditor Tori Hunthausen, Chief Deputy Legislative Auditor B-1 Deputy Legislative Auditors: James Gillett Angie Grove Independent Auditor’s ... www.adultpdf.com LEGISLATIVE AUDIT DIVISION Scott A Seacat, Legislative Auditor Tori Hunthausen, Chief Deputy Legislative Auditor C-1 Deputy Legislative Auditors: James Gillett Angie Grove Independent Auditor’s ... Reporting Based On An Audit Of Financial Statements Performed In Accordance With Government Auditing Standards The Legislative Audit Committee of the Montana State Legislature: We have audited the financial...

Ngày tải lên: 18/06/2014, 20:20

... INDEPENDENT AUDITORS’ REPORT Members of the Legislative Audit Committee: We have audited the accompanying financial statements of the governmental activities and each major fund of the Legislative ... conduct audits of all departments, institutions, and agencies of state government A contract exists by and between the State of Colorado, through the State Auditor and the Legislative Audit Committee, ... are required to communicate to the Legislative Audit Committee certain matters related to the conduct of the audits and to ensure that the Legislative Audit Committee receives additional information...

Ngày tải lên: 19/06/2014, 11:20

... Financing Sources (Uses) Excess (Deficiency) of Appropriations and Revenues over Expenditures and Other Financing Sources (Uses) Fund Balance - Beginning of Year Fund Balance - End of Year $ ... EXCESS OF APPROPRIATIONS AND REVENUE OVER EXPENDITURES AND TRANSFERS OTHER FINANCING SOURCES (USES) Reversion of non-augmenting revenue Reversion of General Fund appropriation Reversion of Cash/Cash ... includes transfers of unexpended General Fund appropriations to two of the Department’s special revenue funds in the amount of $984,324 Unexpended cash and exempt cash appropriations of $312,404 reverted...

Ngày tải lên: 19/06/2014, 11:20

... financial statements The Department consists of six agencies: General Assembly, Joint Budget Committee, Legislative Council, Office of the State Auditor, Office of Legislative Legal Services, and Reapportionment ... in excess of $637,701 for audit services performed by the Office of the State Auditor for certain non state-appropriated activities of the State, the sale of bill copies in excess of $90,000, ... $637,701 of audit revenue was available for expenditure by the Office of the State Auditor Receipts in excess of that amount were not available for expenditure Miscellaneous revenue consists of charges...

Ngày tải lên: 19/06/2014, 11:20

... General Fund Appropriations AGENCY General Assembly Joint Budget Committee Legislative Council Office of the State Auditor Office of Legislative Legal Services TOTAL Supplemental Appropriations $ ... Appropriations $ 11,693,680 112,426 11,806,106 $ Legislative Council 1,256,007 1,256,007 $ 5,508,231 5,508,231 Office of Legislative Legal Services Office of the State Auditor $ 5,775,332 637,701 6,413,033 ... $ 10,737,955 90,000 10,827,955 $ Legislative Council 1,183,340 1,183,340 $ 5,255,901 184,791 5,440,692 Office of Legislative Legal Services Office of the State Auditor $ 5,412,639 1,252,500 6,665,139...

Ngày tải lên: 19/06/2014, 11:20

... ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS Members of the Legislative Audit Committee: We have audited the financial statements of the Legislative ... September 9, 2005 Members of the Legislative Audit Committee: We have audited the financial statements of the Legislative Department, State of Colorado (the “Department”) as of June 30, 2005 and June ... electronic version of this report is available on the Web site of the Office of the State Auditor www.state.co.us/auditor A bound report may be obtained by calling the Office of the State Auditor 303-869-2800...

Ngày tải lên: 19/06/2014, 11:20

... approvals to the full Audit Committee at the next Audit Committee meeting The Audit Committee shall review and approve the scope and staffing of the independent auditors’ annual audit plan(s) and ... The Audit Committee may delegate its authority to subcommittees of the Audit Committee when it deems appropriate and in the best interests of the Company V LIMITATIONS INHERENT IN THE AUDIT COMMITTEE S ... request any officer or employee of the Company or the Company’s outside counsel or independent auditor to meet with any members of, or advisors to, the Audit Committee The Audit Committee may...

Ngày tải lên: 19/06/2014, 19:20

... the State of Colorado, through the State Auditor and the Legislative Audit Committee, and Gelfond Hochstadt Pangburn, P.C (“GHP” or the “Contract Auditors”), whereby the audits of the Legislative ... Executive Committee of the Legislative Council is comprised of the President of the Senate, the Speaker of the House of Representatives and the majority and minority leaders of both houses The Legislative ... are required to communicate to the Legislative Audit Committee certain matters related to the conduct of the audits and to ensure that the Legislative Audit Committee receives additional information...

Ngày tải lên: 20/06/2014, 03:20

... financial statements reflect activities of six agencies: General Assembly, Joint Budget Committee, Legislative Council, Office of the State Auditor, Office of Legislative Legal Services, and Reapportionment ... LEGISLATIVE DEPARTMENT, STATE OF COLORADO MANAGEMENT’S DISCUSSION AND ANALYSIS YEARS ENDED JUNE 30, 2003 AND 2002 OVERVIEW OF THE FINANCIAL STATEMENTS: This discussion and analysis of the Legislative ... paid on a monthly basis as of the last working day of the month, except that, as of Fiscal Year 2003, salaries for the month of June are paid on the first working day of July The Department received...

Ngày tải lên: 20/06/2014, 03:20

... financial statements The Department consists of six agencies: General Assembly, Joint Budget Committee, Legislative Council, Office of the State Auditor, Office of Legislative Legal Services, and Reapportionment ... in excess of $500,000 for audit services performed by the Office of the State Auditor for certain non state-appropriated activities of the State, the sale of bill copies in excess of $90,000, ... $500,000 of audit revenue was available for expenditure by the Office of the State Auditor Receipts in excess of that amount were not available for expenditure Miscellaneous revenue consists of charges...

Ngày tải lên: 20/06/2014, 03:20