Firm defends audits of N.L. legislature: Knowledge Driven Revolution

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Firm defends audits of N.L. legislature CBC News July 12, 2006 The independent accounting firm that found nothing unusual during audits of Newfoundland and Labrador's house of assembly several years ago is defending its work in light of an investigation into spending at the legislature. The company, Deloitte, reviewed the provincial legislature's finances in 2002 and 2003. However, over the past two weeks, Auditor General John Noseworthy's has reported finding millions of misused tax dollars during that same period. Rick Daw, a senior partner with Deloitte, said the firm was hired to perform a routine audit, which is not designed to detect things that a senior manager may have hidden. "Naturally very disappointed in what the auditor general has been saying lately," Daw said. Read the full article here Article Continued... "He has never contacted us throughout this entire procedure and we stand by our audits. We're quite proud of what we've done and we'll defend it." Noseworthy said he will file a complaint with the province's Institute of Chartered Accountants because he believes that some of what went on at the legislature should have been identified. He says four MHAs have been overpaid a total of $1 million for claims on their constituency allowances, and that more than $2.6 million was paid to three companies for trinkets such as lapel pins and fridge magnets over a seven-year period. An additional $170,000 went to a company tied to Bill Murray, who was suspended two weeks ago as the house's director of financial operations. Noseworthy said he does not understand how Deloitte missed any sign of the scandal during its audits of the legislature. "That's a real good question and I just can't answer that," Noseworthy said. "I'll tell you now it's a matter that I'm looking at." A third report from the auditor general will be released Tuesday. Broken Link? If the link to the original article is broken or has been altered you can view the article by clicking the "Expand/Collapse" button below. About KDR \| \| Home \| \| Weekly Features Archive	Weekly Weekly Features Archive
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The independent accounting firm that found nothing unusual during audits of Newfoundland and Labrador's house of assembly several years ago is defending its work in light of an investigation into spending at the legislature.

The company, Deloitte, reviewed the provincial legislature's finances in 2002 and 2003. However, over the past two weeks, Auditor General John Noseworthy's has reported finding millions of misused tax dollars during that same period.

Rick Daw, a senior partner with Deloitte, said the firm was hired to perform a routine audit, which is not designed to detect things that a senior manager may have hidden.

"Naturally very disappointed in what the auditor general has been saying lately," Daw said.

Read the full article here

Article Continued...

"He has never contacted us throughout this entire procedure and we stand by our audits. We're quite proud of what we've done and we'll defend it."

Noseworthy said he will file a complaint with the province's Institute of Chartered Accountants because he believes that some of what went on at the legislature should have been identified.

He says four MHAs have been overpaid a total of $1 million for claims on their constituency allowances, and that more than $2.6 million was paid to three companies for trinkets such as lapel pins and fridge magnets over a seven-year period.

An additional $170,000 went to a company tied to Bill Murray, who was suspended two weeks ago as the house's director of financial operations.

Noseworthy said he does not understand how Deloitte missed any sign of the scandal during its audits of the legislature.

"That's a real good question and I just can't answer that," Noseworthy said. "I'll tell you now it's a matter that I'm looking at."

A third report from the auditor general will be released Tuesday.

Broken Link? If the link to the original article is broken or has been altered you can view the article by clicking the "Expand/Collapse" button below.

Firm defends audits of N.L. legislature

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