He said the group operated without a budget, deposited cash into 25 separate bank accounts, and lacked internal auditing procedures.

The Wylie bill set no strict conditions on savings and loan regulators, but called for them to enhance their auditing procedures.

Review of financial statements (an overview with very limited auditing procedures)

He instituted new auditing procedures in all ministry offices for greater transparency.

He added that if enough other accountants had been prepared to stand up to poor auditing procedures, "we might not be in this situation today."

Figures remain to be confirmed after end-of-the-season auditing procedures.

"But at least they caught it during their auditing procedures."

There are also new auditing procedures and voting requirements for a credit union to convert to a bank or thrift charter.

The general 30-day payment rule means, in very simple terms, that our internal administrative auditing procedures for approving payments need to be changed.

Change management is an auditing procedure for mitigating risks associated with the changes made to an IT system.