The Basics Concerning Finance

Linn County office lacked controls to prevent embezzlement, audit finds Independent auditing firm Pauly, Rogers, and Co., P.C. found a “significant deficiency” in how cash was processed in the department. ALBANY, Ore. – An audit by a Washington County accounting firm found Linn County’s Planning and Building Department lacked proper protocols and controls that could have helped prevent a former employee from allegedly stealing $235,000.   Independent auditing firm Pauly, Rogers, and Co., P.C. found a “significant deficiency” in how cash was processed in the department. According to the review,

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Economics Standpoints

“These standards will drive the audit profession to an enhanced approach to quality ‘management’ rather than ‘control’, which better enables the consistent performance of quality engagements, including audits,” said IAASB chair Tom Seidenstein in a statement Thursday. “The standards place greater responsibility on firm leadership for continuously improving the quality of their engagements and remediating when deficiencies are found. When effectively implemented, the standards should help ensure that a commitment to quality is at the heart of firm strategy and operations.” International Standard

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The Basic Principles Concerning Science

Recently, the Water Resources Agency announced a cut in industrial water usage by up to 11% in selected areas. Stricter rationing could come if rainfall doesn’t arrive soon. According to my analysis of climate data from two dozen weather stations, rainfall in central Taiwan during the six months through January was on average a mere 49% of the mean figure for the past 20 years. In southern Taiwan, it was around 79%. Paradoxically, northern Taiwan saw rainfall slightly above average. TSMC has factories spread across the three regions. This has had a huge impact more help on water stores. A

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