Tag Archives: Audit

Typical audit fees during 2009 were approximately one-tenth of total legal fees

The NY Times, Oct. 28, 2011 at B2, reports that in 2009 audit fees averaged $569,000 per billion dollars of revenue. For U.S. companies that year, what they spent on their law department and outside counsel averaged something like $5… … Continue reading

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Comptroller's audit focuses on school district's payroll and overtime practices

Comptroller's audit focuses on school district's payroll and overtime practices Source: Office of the State Comptroller, Division of Local Government and School Accountability The State Comptroller's Division of Local Government and School Accountability audit report of the Webster Central School … Continue reading

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Accountant fined for inadequate FCM audit

Accountant fined for inadequate FCM audit The CFTC has filed and settled charges against public accounting firm McGladrey & Pullen, LLP, and firm partner David Shane. When McGladrey and Shane performed an audit on registered Futures Commission Merchant ("FCM") One … Continue reading

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IRS Customer Service Audit

The two things you can be sure of in life are, as the saying goes, death and taxes. As for the taxes, they are apparently unavoidable on many different levels. If it's not the payment of taxes, it's the waiting … Continue reading

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Brookings Institution Invites Young Scholars to Participate at a Global Governance Audit

Please see the below announcement from the Brookings Institution: Brookings Institution Invites Young Scholars to Participate at a Global Governance Audit The growing significance of global interdependence is well understood, as is the inherent difficulty of managing global problems through… … Continue reading

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