AUDIT
18 articole · RSS
Anamaria Cora Named Head Of E&Y Financial Audit Department
Anamaria Cora has been appointed head of Ernst&Young’s department of financial statement audit, replacing Garry Collins.
KPMG: Proposed EU Audit Reforms Could Increase Business Costs, Reduce Audit Quality
The proposed audit reforms put forward by the European Commission could significantly disrupt the audit market, reduce quality and generate additional costs for business, believes Michael An...
BNR Asks Banks' H1 Financial Statement Audit To Play Safe
Romania’s central bank is expecting all bankers to submit their audited first-half financial statements, as the market supervisors are now watching more strictly than ever how banks set up p...
Transport Ministry Companies Spent Millions Of Euro Illegally, Audit Finds
Companies controlled by Romania's Transports Ministry spent hundreds of millions of euros illegally or for unjustified reasons, according to an audit targeting the 2009-2012 period.
SNLO Made Unlawful Payments, Causing Losses To State Budget In 2009-2011
The management of Romanian state-owned mining company SNLO has caused significant losses for the state budget, through unlawful spending in 2009-2011, including paying for bogus projects and...
Romanian Court Of Accounts: CFR Illegally Spent EUR13.4M From Foreign Loan
Romanian state-owned railway company CFR SA illegally spent EUR13.4 million from a foreign loan in 2010, an audit by the Court of Accounts has found.
Romanian Court Of Accounts: Authorities Paid EU Funds For Unnecessary Work, Without Contracts
Romania paid more than EUR1 million from the European Solidarity Fund to various companies, to counter the effects of the 2008 floods, but the funds were disbursed before the contracts were...
Audit Authority Orders Prahova, Dambovita Counties To Return EU Funds Of Over EUR5M
The National Audit Authority within Romania’s Court of Accounts has instructed the Prahova and Dambovita County Councils to return more than EUR5 million in European funds, used to rehabilit...
TV Services Brought Romtelecom EUR62M In 2010
Internet, television, data and IT&C services brought Romtelecom almost EUR200 million out of total revenue of EUR744 million in 2010, but landline telephony remains the main cash generator f...