Word: oversights
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...relationship is largely because of Sarbanes-Oxley, known in the trade as Sox or Sarbox. The 2002 law stiffens accountants' spines in part because it places them under a new federal watchdog agency that will soon start spot-checking their work. That agency, the Public Company Accounting Oversight Board, also has an industry moniker--Peek-a-Boo--and recently issued a stricter set of rules detailing how auditors should evaluate internal controls. Companies must test these controls regularly, and such tests must be conducted by a firm different from the company's outside auditor, to avoid conflicts of interest...
...Board members are not investigators," she adds. "We review the work of the staff and make sure the recommendations can be and are implemented. This board is clearly qualified for its role." An airline-safety official disagrees: "The NTSB system is designed for the five board members to provide oversight and balance to a staff of investigators and engineers, but this board does not have the appropriate knowledge or background to provide such a balance." A White House official responds, saying, "The President appoints well-qualified individuals who have the expertise to get the job done well." --By Sally...
...paid $700,000 for the parts and received fees to transfer them to research labs, including Mitek, a subsidiary of Johnson & Johnson. Nelson says he believed that the transactions were legitimate; Reid hasn't commented. UCLA came under suspicion as well, condemned by the families of donors for lax oversight, at best, or knowing about a lucrative tissue bazaar and winking at it, at worst. If someone profited from her sister's body, Tilden wants the money back. "I'll give it to cancer research," she says. "I don't want the money [for myself]. That's blood money...
...position would have twin roles: a clinical capacity involving oversight of all Harvard mental health services, including both the BSC and MHS, and an administrative capacity to coordinate campus education and outreach efforts...
...hours also make it more likely that students will choose to register their parties with House officials. Party registration is technically required for all parties held in Harvard dorms, but many undergraduates flout the rule because they don’t want to be subject to restrictions and increased oversight. If the resident tutor doesn’t know there’s a party on, and he or she doesn’t find out about the unregistered gathering, then cheating the system has definite rewards—no party hours, no restrictions. But now that registered parties...