audit ale English

Meaning audit ale meaning

What does audit ale mean?

audit ale noun

— (historical) A strong, high-quality ale brewed for some Oxford and Cambridge colleges, originally for the feast following the annual audit of the college accounts.

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News and current affairs

Who is to audit the auditors?

Let banks design their own risk management systems, audit them to the limited extent possible, and then severely punish them if they produce a loss outside agreed parameters.

There is even - reminiscent of Hermann Hesse's last novel, The Glass Bead Game - an international body that audits the bodies that audit the auditors.

While there has not yet been full disclosure of returns, or an audit of the true value of investments, it appears that investors would, at the old terms, have recouped all their money within just four years.

For example, for the EU-wide statutory audit that was completed in April, the European Parliament agreed to a revised directive and new regulation that should have been directly applicable in all 28 member countries.

But who is to guard the guardians? Who is to audit the auditors?

Over time, new offices proliferated: an Office of Internal Audit, an Independent Evaluation Office, an Inspection Panel, a Chief Ethics Officer, and an Office of Institutional Integrity.

The Overseas Development Institute and Oil Change International have provided the first financial audit of subsidies allocated specifically to the discovery of new fossil-fuel reserves by G-20 countries.

The fear of an audit by the Internal Revenue Service lurks in homes across the country.