auditors' report
71Guidance on Control — *Corporate governance and *internal control guidelines issued in 1995 by the *Criteria for Control (CoCo) Board of the *Canadian Institute of Chartered Accountants. The report was the first of CoCo’s * Control & Governance Series. Further reading …
72internal control — A physical or procedural mechanism that monitors and reduces *risk in an organization’s financial and operational activities. In its 1992 report *Internal Control Integrated Framework, the *Committee of Sponsoring Organizations of the Treadway… …
73money laundering — The transferring of *money derived from illegal activities into legal or legitimate channels. Money laundering is intended to conceal the illegal origins of funds, and it is commonly associated with drug trafficking and *smuggling. In the United… …
74National Audit Office — NAO The British agency for central government auditing. The NAO is the United Kingdom’s * Supreme Audit Institution, and it is the equivalent of the U.S. *General Accounting Office. On its Web site, the NAO describes its activities as follows: We …
75Rapport Vienot — See *Vienot Report …
76reporting — 1. The providing of information to others. Reporting is central to *management functions like *planning and *control. See also *audit report and *financial reporting. 2. The channeling of *accountability relationships between individuals in an… …
77return — 1. *Income derived from investments. Returns from investments can be in the form of *cash or *appreciations in *asset values. For example, investors in a corporation’s *common stock hope for returns from both *dividend income and *appreciations… …
78safeguarding — The protection of an asset or activity. The safeguarding of assets is often considered to be among the main objectives of *internal controls. In * Internal Control Integrated Framework (the *COSO Report), the safeguarding of assets is included… …
79Stamp, Edward — 1928 1986 A British born accounting academic. A naturalized Canadian, Professor Stamp taught at universities in New Zealand, Scotland, and England. A reformist by nature, one commentator has written that Stamp is remembered less for the… …
80Chartered Accountants Ireland — (CAI) Formation May 26, 1888 (1888 05 26) (123 years ago) Legal status …
