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EXPLORE
May 22, 2012
The Board of Education of Harford County is seeking applications from interested county residents to fill one opening on the school system's Audit Committee. The purpose of the five-member committee is to assist the school board in fulfilling its fiduciary oversight responsibilities. The committee serves as an independent party to monitor the school system's financial reporting process and internal controls. The committee meets at least quarterly to review financial performance and may meet annually, in separate sessions, with management, the internal auditor and the external auditor.
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NEWS
May 5, 2014
The Board of Education of Harford County is seeking applications from interested county residents to fill one opening on the school system's Audit Committee. The purpose of the five-member committee is to assist the board in fulfilling its fiduciary oversight responsibilities. The committee serves as an independent body to monitor the school system's financial reporting processes and internal controls. The committee meets at least quarterly to review financial performance and may meet annually, in separate sessions, with management, the internal auditor and the external auditor.
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EXPLORE
May 6, 2013
The Board of Education of Harford County is seeking applications from interested county citizens to fill one opening on the school system's Audit Committee. The purpose of the five-member committee is to assist the board in fulfilling its fiduciary oversight responsibilities. The committee serves as an independent and objective party to monitor the school system's financial reporting process and internal controls. The committee meets at least quarterly to review financial performance and may meet annually, in separate sessions, with management, the internal auditor and the external auditor.
ENTERTAINMENT
By Mary Carole McCauley, The Baltimore Sun | September 26, 2013
An audit of the Reginald F. Lewis Museum of Maryland African American History & Culture released Thursday uncovered slipshod accounting practices, among them failing to fully inventory its collection and neglecting to file annual reports, in violation of state law. The state's Office of Legislative Audits examined the period between Feb. 24, 2010, and March 11, 2013, for the Maryland African American Museum Corp., which runs the Lewis. In a written response that accompanied the audit, museum officials indicated that they would implement all the report's recommendations and go a step further.
NEWS
By Arin Gencer and Arin Gencer,Sun Reporter | July 15, 2007
Incoming high school students for 2007 and beyond will now officially be required to take financial literacy to graduate, after the Board of Education voted to revise its policy. That decision was one of several involving revamped or revisited items before the school board, which also unanimously voted to approve a school-related fundraising policy and reviewed guidelines for a new audit committee that would help oversee the school system's financial reporting processes and review internal controls.
BUSINESS
By BLOOMBERG NEWS | February 17, 2005
NEW YORK - Former WorldCom Inc. finance chief Scott D. Sullivan told jurors yesterday that he lied to company officers, directors and accountants about fraudulent practices in his department even after chief executive Bernard J. Ebbers resigned. Defense lawyer Reid Weingarten went on the offensive in his cross-examination of Sullivan, attacking the credibility of the government's star witness at Ebbers' criminal trial. Sullivan testified earlier about phony accounting maneuvers that drove the company into bankruptcy, claiming they were done under pressure from Ebbers to prop up WorldCom stock.
NEWS
By NEW YORK TIMES NEWS SERVICE | November 8, 2002
WASHINGTON - A large accounting firm released documents yesterday that it said showed that William H. Webster had fired it as the auditor of U.S. Technologies after the firm warned him about financial problems at the company. The accounting firm said the documents challenged Webster's description of his role at the company. Webster, who has been named by the Securities and Exchange Commission to head a new board overseeing the accounting industry, has said he has no recollection of being told of any significant accounting problems before U.S. Technologies dismissed the accounting firm, BDO Seidman, in August 2001.
EXPLORE
September 15, 2011
The Honorable Judith Claibourne Ensor , Associate Judge, Circuit Court for Baltimore County, has been elected president of the Board of Trustees of St. Paul's School for Girls, as of July 1. Judge Ensor will oversee the governance of SPSG and lead the school's strategic planning efforts. An alumna of the school, she has been a loyal supporter since graduating in 1979. Judge Ensor has served SPSG in several capacities. She was a member of the SPSG Alumnae Association Executive Board and president of the Alumnae Association.
BUSINESS
By New York Times News Service | February 2, 1993
The Leslie Fay Cos., one of the largest publicly traded apparel manufacturers in the country, stunned Wall Street yesterday with the announcement that it had discovered accounting irregularities that might erase last year's profits, once its books are corrected.The company suspended Donald F. Kenia, its corporate controller, and asked its audit committee, made up of outside directors, to review the company's records. It has also retained the law firm of Weil, Gotshal & Manges to handle any shareholder lawsuits that may arise.
NEWS
By NEW YORK TIMES NEWS SERVICE | November 5, 2002
WASHINGTON - A large accounting firm accused William H. Webster, chairman of the government's new accounting oversight board, of making "false and misleading statements" last week about what he knew of the financial problems of a company whose audit committee he headed. Webster denied the accusation by the accounting firm, BDO Seidman, which was raised in a federal lawsuit made public yesterday, and he defended his work for the company, U.S. Technologies, which has been accused of fraud.
EXPLORE
May 22, 2012
The Board of Education of Harford County is seeking applications from interested county residents to fill one opening on the school system's Audit Committee. The purpose of the five-member committee is to assist the school board in fulfilling its fiduciary oversight responsibilities. The committee serves as an independent party to monitor the school system's financial reporting process and internal controls. The committee meets at least quarterly to review financial performance and may meet annually, in separate sessions, with management, the internal auditor and the external auditor.
EXPLORE
September 15, 2011
The Honorable Judith Claibourne Ensor , Associate Judge, Circuit Court for Baltimore County, has been elected president of the Board of Trustees of St. Paul's School for Girls, as of July 1. Judge Ensor will oversee the governance of SPSG and lead the school's strategic planning efforts. An alumna of the school, she has been a loyal supporter since graduating in 1979. Judge Ensor has served SPSG in several capacities. She was a member of the SPSG Alumnae Association Executive Board and president of the Alumnae Association.
NEWS
By JOHN-JOHN WILLIAMS IV | July 13, 2008
The Howard County Board of Education has expanded its committee system to enable members to get a better grasp of a larger range of issues associated with the public school system. For the coming year, the seven board members with full-voting rights will serve on three committees: audit, legislative and policy. Chairman Frank Aquino and members Janet Siddiqui, Sandra H. French and Patricia Gordon will serve on the legislative committee. French, Gordon and Vice Chairman Ellen Flynn Giles will serve on the policy committee.
NEWS
By Arin Gencer and Arin Gencer,Sun Reporter | July 15, 2007
Incoming high school students for 2007 and beyond will now officially be required to take financial literacy to graduate, after the Board of Education voted to revise its policy. That decision was one of several involving revamped or revisited items before the school board, which also unanimously voted to approve a school-related fundraising policy and reviewed guidelines for a new audit committee that would help oversee the school system's financial reporting processes and review internal controls.
NEWS
June 15, 2007
CA seeking two for audit committee The Columbia Association's board of directors is seeking two qualified volunteers to serve as voting members of the association's audit committee. The committee assists the board in overseeing the Columbia Association's financial reporting process, its system of internal control and external and internal audit processes. Applicants should have at least 10 years of work experience as a principal financial or accounting officer, controller, public accountant or auditor with experience preparing, auditing, analyzing or evaluating complex financial statements.
NEWS
By Arin Gencer and Arin Gencer,Sun Reporter | March 18, 2007
Responding to recommendations from external and legislative audits, Carroll County schools Superintendent Charles I. Ecker has proposed establishing an audit committee. This advisory committee would help the school board with its oversight of the school system's processes for financial reporting, auditing and accounting, as well as reviewing internal controls and financial systems, the proposal said. The group also would help ensure compliance with board policy and other procedures and guidelines and foster regular improvement.
NEWS
By JULIAN L. LAPIDES | September 7, 1995
A friend of mine remarked that had I engaged the services of a professional matchmaker, a better fit could not be found than that between me and the office of comptroller of Baltimore.As a state legislator for more than three decades, I gained the reputation of being fiercely independent, which is an essential quality for the comptroller who sits on the Board of Estimates. During my 32 years in the Maryland Legislature, I co-chaired the Senate's Ethics Committee as well as the General Assembly's Joint Budget and Audit Committee, and I served on the Budget and Taxation Committee throughout my entire 28 years in the Senate.
NEWS
By Arin Gencer and Arin Gencer,Sun Reporter | March 18, 2007
Responding to recommendations from external and legislative audits, Carroll County schools Superintendent Charles I. Ecker has proposed establishing an audit committee. This advisory committee would help the school board with its oversight of the school system's processes for financial reporting, auditing and accounting, as well as reviewing internal controls and financial systems, the proposal said. The group also would help ensure compliance with board policy and other procedures and guidelines and foster regular improvement.
NEWS
By Nick Shields and Laura Barnhardt and Nick Shields and Laura Barnhardt,sun reporters | February 27, 2007
The Maryland State Police has made progress in correcting the problems that led legislative auditors to give the department a failing grade, but a backlog in recording DNA samples could hinder efforts to identify suspects in crimes, according to a report released yesterday. Delays in recording DNA samples from as many as 25,000 inmates were among the lingering problems identified in the latest audit from the Department of Legislative Services. Still, the state police no longer deserves the "unsatisfactory" rating it received in a 2004 audit, the new report concludes.
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