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Mandatory auditor rotation is designed to address a potential conflict of interest between a public company and its auditor. Because an auditor is hired and paid by the public company it audits, the auditor’s desire to maintain a good relationship with its client could conflict with its duty to rigorously question the client’s financial statements (Audits Quotes)
I think that, you know, looking at all the systems that I’ve been studying over the last several years, that paper ballots with a precinct optical scan counters and random audits is the best system that we can have. (Audits Quotes)
A robust internal auditing program shows its presence both at the beginning and end of continual improvement projects. In the beginning, internal audits identify opportunities for improvement, at the end, internal audits provide a mechanism for monitoring the implemented improvement in order to sustain its benefits for the long term. (Audits Quotes)
We have full disclosure in transparency of our audited, our financial audits. It’s on our Web site. It is, I think 16 or 20- something pages, which most public companies or private companies and most ministries don’t disclose. So we have always operated with financial integrity and full transparency. (Audits Quotes)