– Office of Internal Controls and Audit Services – 2010 Presidential Award for Excellence – Outstanding Unit
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Month: July 2014
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Technology Developments to Drive Growth in the Global Level Sensors Market, According to New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) July 24, 2014
Follow us on LinkedIn Level measurement represents a critical process in industries where fluids and fluidized-solids are handled. Chemical, petroleum refineries, petrochemical, and food and beverage industries among others, routinely perform level measurement in order to ensure reliability of manufacturing processes. Level sensors in this regard, help detect level of different fluids (including those in production or those produced as end-product) to prevent overflows. Besides process industries, level sensors are also used extensively in water and wastewater management where they find applications in measuring drinking water, sewage, raw water, brackish water, industrial effluent, and sea water desalination.
Demand for level sensors is primarily reliant on the health of industrial processing and manufacturing industry. Rising focus on water conservation and recycling and subsequent rise in water & wastewater management projects, and growing power sector investments are driving demand for level sensors. While growing demand for petroleum products fuels demand for level sensors in petroleum refineries, steady consumption of a range of chemicals and their increased production drives use of level sensors in the chemical industry. Increasing application of level sensors in the oil and gas industry for identification of leak detection and fuel loss, measuring cooling water flow level, hydraulic fluid flow level and process gas flow level, and measuring discharged water level for environmental compliance, is also benefiting market growth. Stringent regulations such as Wastewater Systems Effluent Regulations and Clean Water Act in Europe and the United States are fueling growth in the market. Technology developments and product enhancements that help expand application possibilities will spur opportunities for growth in the coming years. Sensor manufacturers are increasingly focusing on the development of new, miniature, electronic level sensors, featuring low power consumption and ease-of-use as primary benefits.
As stated by the new market research report on Level Sensors, Europe and the United States represent the largest regional markets worldwide. Asia-Pacific ranks as the fastest growing market with a CAGR of 8.3% over the analysis period. Steady economic development, robust industrial growth, strong manufacturing, construction, mining, and energy generation activities, automation of industrial processes, and increased use of production line equipment in countries such as Korea, Singapore, India, and China, represent key growth drivers in the region. Ultrasonic Level Sensors represent the largest product market, with growth supported by increased preference for non-contact level sensors. Radar/Microwave Level sensors represent the fastest growing product market fueled by product improvements in accuracy, ease of installation, low maintenance, and suitability for use in harsh environment.
Key players covered in the report include ABB Ltd., AMETEK Inc., Ametek Drexelbrook, ANDERSON-NEGELE, Emerson Electric Co., Endress+Hauser Consult AG, General Electric Company, Gems Sensors & Controls, GF Piping Systems, Hans TURCK GmbH Co. KG, Hella KGaA Hueck & Co., Honeywell International, Inc., Kobold Messring GmbH, Kobold Instruments Inc., Krohne Messtechnik GmbH & Co. KG, Magnetrol International Inc., Measurement Specialties Inc., Pepperl + Fuchs GmbH, Siemens AG, and SSI Technologies Inc. among others.
The research report titled, Level Sensors: A Global Strategic Business Report, announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, product innovations and launches, and strategic industry activities of major companies worldwide. The report provides market estimates and projections in US dollars for all major geographic markets, including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, South Korea, and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America) and Rest of World. Product segments analyzed in the report include Magnetostrictive, Tuning Fork, Hydrostatic, Capacitance, Conductivity, Ultrasonic, Radar-Microwave and Others (Includes Optical Interface Point Level Sensors, Laser Level Transmitters, Nuclear Level Sensors, Tape Float, High Flow Rate Sensors, Float-Type Sensors, Resistance Tapes, Rotating Paddle Level Sensors, Pneumatic Level Sensors, Resistive Chain Level Sensors, Submersible Waste Water Level Sensors, Semi-Flexible Sensors, Tank Level Sensors, Oil Sensors, Magnetic & Mechanical Float Level Sensors, Capacitive Level Sensors, and Flow-Thru Style Sensors among Others.).
For more details about this comprehensive market research report, please visit
About Global Industry Analysts, Inc.:
Global Industry Analysts, Inc. (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends, while monitoring more than 126,000 companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.
Global Industry Analysts, Inc.
Web Site: http://www.StrategyR.com/
Penrose Senior Care Auditors™ Announces PenroseCertified™ – The Pathway …
Penrose Senior Care Auditors™ Announces PenroseCertified™ – The Pathway …
Become an independent PenroseCertified™ Senior Care Auditor and start your own business, set your own hours and fees while benefiting from proprietary online audit system and report center, operations materials, as well as substantial national and …
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KPMG, Marcum Lead Pack in New Audit Clients for Q2
… after failing to abide by partner rotation rules, according to The Auditor Carousel blog. (See the full list in “Overall Engagement Leaders.”) Data for the quarterly rankings are provided by Audit Analytics, a premium online intelligence service …
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Audit on sale of state buildings goes on proposed pile
Topeka's Auburn-Washburn USD 437 was selected for the division's mandated audit of a "large district," but it successfully appealed for a one-year extension because the district was already being audited by the federal Internal Revenue Service. The …
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Obama Offers Troubled Homeowners Clear Chain Of Title Plan As Mortgage Relief
President Barack Obama offered mortgage relief on Monday to hundreds of thousands of Americans, his latest attempt to ease the economic and political fallout…
Court sets 'rules of the game' for SARS audit
Court sets 'rules of the game' for SARS audit
A JUDGMENT by the Supreme Court of Appeal sets out the "rules of the game" for an audit by the South African Revenue Service (SARS) on a taxpayer, in terms of the new Tax Administration Act that came into effect two years ago. In the judgment delivered …
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Gallatin pays 000 in back taxes after IRS audit
Gift cards for service awards and Christmas luncheon door prizes. The audit began in February after the city was flagged by the federal agency for the way it classified part-time employees in 2012. “The auditor came on site and went through our files …
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Higher Visibility Named Best Website Audit Service in Canada by topseos …
topseos-canada.com has named Higher Visibility the best site audit firm in Canada for June 2014. Higher Visibility was selected due to their impressive performance in the original evaluation process. While there are thousands of services competing to …
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Former IRS APMA Program Director Joins Ernst & Young LLP
Washington, DC (PRWEB) July 17, 2014
Ernst & Young LLP announced today that Richard McAlonan, Jr. has joined the firm as Director of National Tax Transfer Pricing Controversy in Washington, DC, and will also act as the Americas Director of Advance Pricing Agreements (APAs) after serving as the Director of the IRS’s Advance Pricing and Mutual Agreement (APMA) Program.
As director of the recently formed APMA program, McAlonan led a team of 120 lawyers, economists, accountants and staff. He was tasked with integrating the APA program staff with the Tax Treaty IRS group, improving productivity and efficiency while maintaining the high standards and strong image of the APA and mutual agreement programs. During his tenure, the IRS significantly increased the number of APAs completed.
Dicks experience with the new APMA program will bring tremendous value to our clients as they consider the most appropriate opportunities for increased tax certainty, said Michael Mundaca, co-director of Ernst & Young LLPs National Tax Department.
Prior to joining the IRS, McAlonan spent two years as an Executive Director for Ernst & Young LLPs transfer pricing controversy practice, where he advised clients on transfer pricing controversy risk management and resolution (including audit dispute resolution) as well as APAs, competent authority procedures and tax treaties.
He has spoken at industry conferences and authored a series of articles comparing APA procedures in different countries.
McAlonan received his Master in Business Administration from Temple University and his Master of Science in Taxation from Pace University, where he graduated summa cum laude. He is licensed as a Certified Public Accountant in the District of Columbia and Pennsylvania.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
This news release has been issued by Ernst & Young LLP, member firm of EY serving clients in the US.
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Pass Burden of Conducting Financial Audits to Financial Auditing Service Vendors
An audit is the procedure of gathering and assessing the facts by a capable independent individual with reference to quantifiable data of a particular financial establishment in order to verify and report upon the variations found between the information prepared and the recognized standards, if any. The application of this notion to the financial statements of the organization is referred to as financial auditing. GAAS stands for ‘Generally Accepted Auditing Standards’ and gives explanation of a list of formal and informal rules recognized as the basis for auditors to provide financial auditing services and getting their performance reviewed. These are comprised of laws, proclamations from professional or regulatory institutions, lawful verdicts in cases relating to auditors. Every country sets these principles for itself.
The report prepared by the auditors, popularly known as audit report, comprises of their views regarding statements, the outcome of their concern on internal controls and conclusions on the assessment of the information in relation to compliance with the established criteria. They are required to be devised as per the General Accepted Accounting Principles (GAAP).So, an auditor tests that whether the on the whole, the financial statements are presented according to the set GAAP. Auditors, also comprehend the efficiency existing internal controls in the entity and suggest measures, if required, for the improving the effectiveness of these internal controls. The auditors will carry out an analysis to establish conformity of financial statements with the rules and regulations .In addition, the auditors will discuss with the management on the subjects of the ways of preparation of accounting information and evaluate this information for reliability through management’s reactions in the discussions, statements which have been audited, and other facts obtained during the inspection of the financial statements.
For the owner of a business in UK, it is complicated and a lengthy process to get financial audit done through its own staff. It would also prove to be an expensive process as well as the owner would still be worried as employees of the business may not be specialized in this area. Thus, in today’s corporate scenario, most of the businesses engage the firms which are expert in rendering financial audit which include financial auditing services and wish good bye to the auditing troubles.
Author of this article is an internal auditor of a well-known entity and offers quality best financial auditing to that entity.
Car Title Search
One of the primary things people need to undertake if you choose to buy a pre-owned car is actually to perform a car title search. It will give you essential details about the background of the vehicle. You actually could know just how the vehicle had been employed earlier; whether it was a commercial purpose vehicle or maybe had been utilized as a personal vehicle. It can in addition reveal if ever the automobile had been involved in any kind of serious crash plus whether emission accounts are really right or perhaps not. An individual will probably obtain details about unpaid monetary debts as well as with regards to the genuity of the ownership title.
Vehicle authorities give out a Vehicle Identification Number Vin to all of the vehicles. To perform a good proper car title search you need to acquire the Vin of the particular vehicle. This could be acquired from the Motor Vehicles Department. This department can also supply you with the background of the car however this will demand a great deal of time as well as that record might not be definite. Typically the ideal way for a person would remain to check into the internet and then look for agencies that will provide a person with required information and facts required prior to you buy a car.
This particular information and facts assistance is usually obtained by 2 approaches. You may get a cost-free assistance or possibly a paid for service. This cost-free service suppliers furnish you with details pertaining to crash evaluation outcomes, integrity of the automobile, approximated value and security characteristics. They can additionally advise you regarding the manufacturer and also model of the automobile in addition to a quick history. The results will be delivered to a person immediately by email. This will certainly guide a person in order to evaluate the overall condition and determine the actual cost of that car.
On the other hand a zero cost investigation won’t supply an individual a thorough review for the car. Ones information and facts will not be sufficient for an individual to carry out a correct evaluation. For this reason the best option to be able to get comprehensive information and facts pertaining to a vehicle would be to locate a paid for assistance. To carry out this you need to first of all find out the exact amount an individual must pay and after that the nature of details a person are supplied with. You have to determine that a person should be getting advantage with regard to your hard earned money.
Typically the paid for assistance generally provide a person a complete picture of the vehicle. You acquire all the details that an individual get in a free investigation plus a person come to learn about any essential details that might impact your judgement to purchase the vehicle. This will notify a person in case there might have been any manipulation of facts pertaining to the ownership of the car. It may furthermore uncover any tampering associated with the odometer, in case the automobile was destroyed entirely and then had to be salvaged.
Almost all these extremely important information and facts can be acquired merely via a paid for search. Certain agencies offer to acquire back a vehicle when their own information demonstrate that it’s a clean vehicle still it develops problems after a person purchase it.
A comprehensive car title search is actually an essential as well as unavoidable task in the event that a person think to purchase a pre-owned vehicle. it will surely make it possible for a person in order to make the appropriate choice and prevent complications once a person have spent a considerable quantity of funds on the automobile.
Want to find out more on car title searches? Find out the advantages and disadvantages of the different car title searches. Discover why you need to run this search if you are buying a used car.
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FL Title Search
There are a variety of reasons why a person might want to engage in a title search. It’s important to make sure that every person does this when they are looking to buy a property, and verification is required. It’s not something that should be taken lightly, or done by just a certain spectrum of people, as it is a very important thing for the purchase of any land or even home. Without a proper search, even if you’re looking for a FL title search, a piece of land could be unlawfully sold or even non-existent.
It’s important to look into a FL title search so that a person is well aware of the name of the owner of the property. Once the name of a person is known, contacting them and making sure a deal is properly in place, is the proper next step. There comes a negotiation phase at one point, and that’s something that not just anyone can do.
A proper search can also give a person a certain idea of how much a piece of property is worth and how much the sale price can help with the overall sale. If you over bid a piece of land, you could end up hurting financially. That’s why it’s important to look into these things before you jump on anything. You don’t want to pay more than the value of a piece of land, so make sure that you’re doing a lot of research on the piece before you end up making a mistake.
Debts can sometimes be associated with an address, property, and piece of land. Whether the owner has paid taxes, or hasn’t paid taxes is something that is of value for a person that is looking to make a deal. If you’re looking to invest in a new property, knowing whether or not the bank has hands on the mortgage is crucial to the overall sale. Sometimes a piece can be sold by a person, and the back taxes aren’t discussed, which means that the new owner will have to pay the money to cover it. That’s the last thing you want to do as a new landowner, especially in these hard economic times.
Imagine the scenarios that will lead you to purchasing a piece of land, and it comes back to you that you are the owner, when the collections agencies catch wind. You’ll be knee deep in financial despair all because you forgot to take a FL title search seriously.
Sure, there are some people that can make serious money through purchasing low cost properties and that’s a great investment strategy for the long term. However, there are many people out there that are looking swindle others, and it happens more often then not, to those that don’t’ take the adequate time necessary to finding out the history of the property. Never purchase anything or assume you can sell something, without getting a full history of the ownership. You may end up costing yourself and others a great deal of money if you’re not careful.
Are you looking for more information Broward Title Search? You can find more information about Florida Title Search by visiting our site.
A chain of title on a property is a little bit different than a typical title search. In this video we discuss the differences between a title search and a c…
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ISO Audit Checklist
ISO Audit Checklist
Every quality manager in addition to auditor is dependent upon a ISO audit checklist in order to track, monitor and confirm the success before, throughout and soon after certification.? The ISO audit checklist is additionally used as some sort of guide for both equally internal coupled with independent auditors for assessing the organization’s quality management system.? To recognise the kind of quality management checks you together with your small business have got to perform, listed here are factors commonly found in ISO 9001Internal Audit checklists:
Requirements for documentations
This part inside the ISO audit checklist specifics the required records and documents in addition to documentation methods an actual organization has to complete.? These include:
The ISO Quality Manual
Right here is the document that includes your policies in the company’s quality management system.? It describes the procedures, techniques, requirements along with justifications in case there are exclusions to the procedures.? It also details how an organization intends to control its records, conduct management reviews together with typically guarantee that quality management goals are satisfied.
The Quality Manual can come either as hard or possibly soft copy.
ISO Documented procedures
International Standards Organization has created the newest 2008 edition which overtakes the earlier version. ISO 9001:2008 vs. ISO 9001:2000 – new ISO 9000 requirements sets new guildlines that have to be put into practice. This is used to aid the internal auditor specify the required controls to determine, implement, approve coupled with review the actual processes involved in the system.
The control and also regulating records within a wonderful ISO-certified company is required in order to show evidence how the organization conforms to their set up processes.? This is an excellent important part among the audit given that it assists you to identify together with confirm that the Quality Management System continues to be efficient.
Another necessary component in the ISO audit checklist will be management responsibility.? This internal audit checklist is both some sort of declaration of the organization’s commitment and any kind of reference concerning their role within the implementation in the QMS.? It involves planning, consumer focus combined with internal combined with outside correspondence.? It also specifics the authority together with duty rules established by way of administration.
This part that belong to the ISO audit checklist refers to the personnel which will be active in the procedures necessary for fulfilling the prerequisites of an ISO industry-standard.? It sets the required criteria that your personnel must meet in order to be in a position to guarantee their competence in accomplishing the associated systems.
This part for the ISO audit checklist specifics the type of coaching, education, knowledge and skills required of each technician so they can complete the duties while maintaining product as well as service quality.
Product realization is any component that belong to the ISO audit checklist that points out the procedures needed so that you can produce the product or service.? This can be the critical component inside the checklist given it must match the standards detailed within the internal ISO quality manual.? When any kind of inconsistencies are discovered, it may be just cause for a declaration of non-compliance.
Measurement, analysis combined with improvement
Here is the part that belong to the ISO audit checklist where the internal organization shows proof the way they measure, monitor, analyze, correct as well as enhance their ISO processes.? This can be to indicate their conformity to the quality management system that is already into position.? The iso audit checklist will be able to determine their compliance through clear to see methods, for instance statistical techniques.
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