Word: audition
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...above is not the case in today’s enforcement practices on Wall Street. Today, an SEC examiner comes to do an audit with a preconceived notion that there is something illegal happening. Then he or she finds something that isn’t illegal, forms the perception that it is illegal, and ties up the firms and the SEC’s legal apparatus for years. The only people getting rich here are the lawyers...
...more centrist Times of London - would be commercial suicide. The already small readership of the Independent is declining faster than that of its rivals: sales fell 17% in 2009, compared with the 6% to 8% drop-offs for its competitors, according to data released in January by the Audit Bureau of Circulation. (See pictures of London...
Georgia state authorities have ordered an investigation into 191 public elementary and middle schools--more than half of them in Atlanta--after a Feb. 10 audit found that an unusually high number of wrong answers on students' standardized tests had been erased and replaced with the correct ones. Of those schools, almost two dozen had suspicious erasure patterns on more than 50% of classroom tests, suggesting an orchestrated attempt to raise scores and improve school standing under the No Child Left Behind Act. Inquiries will be handled by individual school districts, raising fears that those investigating the problem...
...forced out then Deputy Secretary of the Interior J. Steven Griles for obstructing his investigation. But IGs are not immune to accusations of partisan influence. Janet Rehnquist, the daughter of the late Supreme Court Justice William Rehnquist, was accused of partisan motivation when she delayed a Florida pension-fund audit at the request of Governor Jeb Bush's chief of staff...
Fiscal management practices that sparked concern included the UC’s failure to co-sign checks, retain documents in an organized and systematic fashion, and store files off-site in the event of damage. Another noted deficiency in the 2007 audit was the lack of a memorandum to guide the transition period between outgoing and elected treasurers, according to Paraszczak...