Tiver pushes independent NJ Transit audit as strike continues across state rail system
TRENTON, N.J. — As a statewide NJ Transit rail strike enters its third day, State Senator Latham Tiver (R-08) is urging immediate passage of his …
Audit’
IRS audit targets incoming Secretary of Defense Pete Hegseth days before Biden leaves office
WASHINGTON — The Internal Revenue Service has launched a federal tax audit of Pete Hegseth, the incoming Secretary of Defense, and his wife, Jennifer Hegseth, …
Phil Murphy, New Jersey Join Democrat Party’s War Against Elon Musk’s Federal Financial Accountability Audit
TRENTON, N.J. – A coalition of 14 state attorneys general announced plans to sue the U.S. Department of the Treasury over its decision to grant …
NJ Transit Criticized by Mike Testa Amid Calls for Audit and Fare Hike Concerns
TRENTON, NJ—New Jersey State Senator Mike Testa took to Twitter to voice his strong dissatisfaction with the current state of NJ Transit, urging the Biden …
California Has No Idea How Much Its Homeless Programs Are Costing, Audit Finds
California lacks information on the costs or efficacy of its homelessness programs, despite allocating billions of dollars to them, a report released by the state …
Brazil unlikely to meet 2024 fiscal goals, audit court says
BRASILIA (Reuters) – Brazil should end 2024 with a primary deficit of 55.3 billion reais ($11.2 billion), the federal audit court (TCU) said, in the …
India orders safety audit of tunnels after collapse in Himalayas
By Manoj Kumar NEW DELHI (Reuters) – The National Highways Authority of India (NHAI) will carry out a safety audit of more than two dozen …
Pentagon fails audit for sixth year in a row
By Mike Stone WASHINGTON (Reuters) – The Pentagon failed an independent audit of its accounting systems for the sixth consecutive year, a Pentagon official said …
Testa Urges Murphy to Order Performance Audit & State Oversight for French Arts Museum Project in Jersey City
Sen. Michael Testa urged Gov. Phil Murphy to order a performance audit and State oversight to control costs related to the development of a French arts museum in Jersey City.
Volkswagen convinced Xinjiang audit will provide insight on human rights situation
BERLIN (Reuters) – Volkswagen said it remained intent on commissioning an independent audit of its Xinjiang plant in China and was convinced that doing so …
VW investors question how Xinjiang plant audit will be run
By Victoria Waldersee BERLIN (Reuters) – While investors welcomed Volkswagen’s decision to audit its jointly-owned plant in Xinjiang, China, some are questioning how it will …
Volkswagen in talks with JV partner on audit of Xinjiang plant
(Reuters) -Volkswagen is in talks with its joint venture partner SAIC about whether to conduct an independent audit of its plant in Xinjiang, China, the …
EXCLUSIVE: Audit Reveals ‘Improper Payments’ From Feds Ballooned To Over Half A Trillion Dollars Under Biden
EXCLUSIVE: Audit Reveals ‘Improper Payments’ From Feds Ballooned To Over Half A Trillion Dollars Under Biden Will Kessler on June 13, 2023 The Biden administration …
Cereal Giant’s Shareholders Reject Proposal For Audit Of ‘Equity’ Policies Despite Discrimination Complaints
Cereal Giant’s Shareholders Reject Proposal For Audit Of ‘Equity’ Policies Despite Discrimination Complaints Jason Cohen on April 28, 2023 Kellogg’s shareholders rejected a proposal to …
KPMG fined 875,000 pounds for failures in Luceco audit
By Huw Jones LONDON (Reuters) – KPMG has been fined 875,000 pounds ($1.09 million) for its audit of lighting manufacturer Luceco for its financial year …
Rio Tinto has more work to do, cultural heritage audit finds
MELBOURNE (Reuters) – Rio Tinto has more work to do to protect Indigenous cultural heritage at its mines around the world, according to an independent …
US regulators to visit Hong Kong for fresh round of audit inspections – sources
By Xie Yu and Selena Li HONG KONG (Reuters) – Officials from the U.S. audit watchdog will start a new round of inspections in Hong …
Apple Investors Reject Shareholder Proposal To Audit ‘Inclusion’ And ‘Diversity’ Policies
Apple Investors Reject Shareholder Proposal To Audit ‘Inclusion’ And ‘Diversity’ Policies Jason Cohen on March 10, 2023 Apple’s shareholders rejected a proposal by the National …
University Reported Massive Increase In Trans-Identifying Students, Sex Change Treatments In Response To DeSantis Audit
University Reported Massive Increase In Trans-Identifying Students, Sex Change Treatments In Response To DeSantis Audit Alexa Schwerha on March 6, 2023 University of Florida (UF) …
Brazil’s Americanas execs omitted info to audit committee, local media reports
SAO PAULO (Reuters) – The management of troubled Brazilian retailer Americanas SA denied the existence of the financial operations that led to an accounting scandal …
FBI Agents Misused FISA Data To Surveil ‘Political Party,’ US Congressman, Audit Finds
FBI Agents Misused FISA Data To Surveil ‘Political Party,’ US Congressman, Audit Finds Trevor Schakohl on February 13, 2023 FBI personnel improperly ran Foreign Intelligence …
Self-driving trucking firm TuSimple appoints CFO, reconstitutes audit panel
(Reuters) – TuSimple Holdings Inc appointed interim financial chief Eric Tapia on a permanent basis and reconstituted its audit committee, the self-driving trucking firm said …
China keen on regulatory cooperation in audit of U.S.-listed Chinese firms
BEIJING (Reuters) – The China Securities Regulatory Commission is looking forward to working with U.S. regulators to continue promoting future annual audit and supervision on …
Opioid Abuse Treatment Facility to Pay $3.15 Million for Kickback Violations, Obstructing Federal Audit, and False Claims Submitted to Government Insurance Programs
CAMDEN, N.J. – An opioid abuse treatment facility in Camden will pay a total of $3.15 million to resolve criminal and civil claims that it …
Pentagon audit eases Ukraine arms shipments, despite failing grade
By Mike Stone WASHINGTON (Reuters) -An audit of the Pentagon’s finance systems and weapons stocks has made it easier for President Joe Biden’s administration to …
Singapore bank OCBC appoints audit head Goh Chin Yee as new group CFO
(Reuters) -Singapore’s second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) said on Monday it had appointed its current head of group audit Goh Chin Yee as …
Audit breakthrough fails to lure investors into China ADRs
By Summer Zhen HONG KONG (Reuters) – Global fund managers have been selling U.S.-listed Chinese stocks and the index tracking them is sagging badly, suggesting …
Wells Fargo to commission third-party racial equity audit in diversity push
(Reuters) – Wells Fargo & Co said on Tuesday it would commission a third-party racial equity audit that will include inputs from both internal and …
Court Blocks Public From Seeing Some Arizona Election Audit Records
Court Blocks Public From Seeing Some Arizona Election Audit Records Trevor Schakohl on September 1, 2022 The Arizona State Supreme Court determined Wednesday that some …
Exclusive-JD.com, Yum China among Chinese firms chosen for U.S. audit inspection -sources
By Julie Zhu HONG KONG (Reuters) – U.S. regulators have chosen e-commerce major JD.com Inc and KFC operator Yum China Holdings Inc among other U.S.-listed …
China audit deal offers relief but few reasons to invest
By Scott Murdoch and Tom Westbrook HONG KONG (Reuters) – Investors have cheered a breakthrough deal that promises U.S. regulators access to Chinese companies’ accounting …
Chinese state media lauds U.S.-China audit deal as ‘symbolic’ for ties
SHANGHAI (Reuters) – Chinese state media outlet the Global Times on Saturday praised an agreement reached between Beijing and Washington over the auditing of U.S.-listed …
Factbox-Highlights of the U.S.-China audit deal
By Michelle Price WASHINGTON (Reuters) – Beijing and Washington have signed a deal in principle that would allow U.S. regulators to inspect U.S-listed Chinese company …
China orders audit of $3 trillion trust industry – Bloomberg News
(Reuters) – China’s top auditor is conducting a review of the $3 trillion trust industry, Bloomberg News reported on Tuesday, citing people familiar with the …
U.S. needs full access to Chinese company audit papers to resolve accounting dispute – watchdog
By Katanga Johnson WASHINGTON – The U.S. public company accounting regulator will not accept any restrictions on its access to the audit papers of Chinese …
German finance regulator orders audit of Adler’s 2021 annual report
BERLIN – German finance regulator Bafin on Wednesday said it had ordered an audit of Adler Real Estate’s approved 2021 consolidated financial statements and the …
UK accounting watchdog fines PwC over Galliford Try, Kier audit failures
LONDON – The Financial Reporting Council has fined accounting firm PwC around 5 million pounds ($6.22 million) as part of a package of sanctions following …
UK audit shake-up targets big firms after spate of corporate failures
By Huw Jones LONDON – Britain set out sweeping reforms of big company audits on Tuesday after high-profile collapses at builder Carillion and retailer BHS …
China and U.S. are committed to reach audit deal, Chinese regulator says
By Xie Yu HONG KONG – China and the United States are committed to reach an arrangement on the audit inspection issue that is in …
Mexico City metro accident partly due to lack of maintenance, third audit finds
By Dave Graham and Diego Oré MEXICO CITY – An auditor’s third report on a deadly Mexico City metro accident last year for the first …
Adler says it will remain shut out of financial markets until audit completed
FRANKFURT – German landlord Adler will remain shut out of banking and capital markets until its financial statements have been audited, the company said on …
Big Tech Giant That Lobbied Against Slave Labor Ban Commits To A ‘Racial Equity’ Audit
Big Tech Giant That Lobbied Against Slave Labor Ban Commits To A ‘Racial Equity’ Audit Harry Wilmerding on April 21, 2022 Apple confirmed Wednesday that …
Deloitte, partner fined and sanctioned over Mitie audit
LONDON – Deloitte and audit partner John Charlton have been fined and severely reprimmanded over a 2016 audit of Mitie, a British outsourcing company, the …
Jackson Township to Conduct Street Light Audit
JACKSON TOWNSHIP, NJ – Following the lead of nearby Toms River, which approved a township-wide street light inventory and audit, the Jackson Township Council will …
U.S. accounting watchdog sanctions KPMG’s ex-vice chair of audit
By Chris Prentice and Susan Heavey WASHINGTON -The Public Company Accounting Oversight Board (PCAOB) on Tuesday said it has sanctioned KPMG LLP’s former vice chair …
Toms River to Invest in Street Light Audit, LED Lights in New Multi-Phase Project
TOMS RIVER, NJ – Toms River spends about $1 million annually to keep its streets and sidewalks lighted, but now, Mayor Maurice Hill and township …
Exclusive-Petroperu to miss deadline for financial audit, seeks bondholder reprieve
By Marco Aquino LIMA – Peru’s embattled state-owned oil firm Petroperu will not submit its annual financial audit before the end of July, new Chief …
Lebanon parliament extends lifting of bank secrecy to audit cenbank
BEIRUT – Lebanon’s parliament on Monday extended a law that lifts banking secrecy regulations to facilitate a forensic audit of the country’s central bank, a …
‘Antiracist Audit’ Reassures Parents That School District ‘Does Not Teach Or Promote Critical Race Theory’
Maryland’s largest school district plans to issue an “antiracist” survey to students to “address racial barriers” in the school district,” according to an announcement from …
Former gubernatorial candidate Joe Rullo calling for two year forensic audit of New Jersey elections
TOMS RIVER, NJ – In 2017, Joe Rullo and Jack Ciattarelli were engaged in a bitter campaign for governor against the GOP establishment candidate Kim …