The Canadian audit oversight body, the Canadian Public Accountability Board, announced Friday that last year they deregistered a small firm in Vancouver (which has since gone out of business) and prevented three other small firms from accepting new client due to deficiencies in their audits discovered upon inspection. My initial thought was, these small firmsContinue reading “Canadian audit overseer reports problems and solutions”
Tag Archives: audit
UN auditors will examine North Korean program
I love hearing about unique jobs that could be open to me in the future, and this is one such job. The United Nations has a Board of Auditors that audits UN programs and reports along similar lines to a regular financial statement audit. The Board consists of three members from UN countries, rotating oneContinue reading “UN auditors will examine North Korean program”
My busy season has begun in earnest
Busy season is upon me and I’m up to my eyeballs in work. It’s Friday night but I’m relaxing at home, trying to chill out and prepare for a full day at the office tomorrow. Got out early tonight, at a mere 6:30pm! Needless to say it’s affecting my blogging frequency. And hearing about lunchContinue reading “My busy season has begun in earnest”
PricewaterhouseCoopers accused of ‘false’ auditing for Yukos
The Russian tax authority has accused PricewaterhouseCoopers of providing “false audits” to the former oil giant Yukos. I’m sure we’ll find out sooner or later whether these accusations have any merit, but for the time being any government institution in Russia is most definitely not getting the benefit of my doubt. Putin and his regimeContinue reading “PricewaterhouseCoopers accused of ‘false’ auditing for Yukos”
Canadian bank “shakes” Enron related audit rules
From the (Toronto) Star: Banking authorities in Canada and the United States have lifted an enforcement action that they imposed on the Canadian Imperial Bank of Commerce three years ago over its involvement with Enron Corp. The action put restrictions on CIBC and required it – for the past three years – to pay forContinue reading “Canadian bank “shakes” Enron related audit rules”