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Article: Canadian Wheat Board Accounting Practices OK, Improves Needed.
- Article from:
- Resource News International
- Article date:
- February 27, 2002
CopyrightCOPYRIGHT 2002 Resource News International. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WINNIPEG, MB, Feb 27, 2002
In a one-time, special audit of the Canadian Wheat Board, the Auditor General of Canada found that the day-to-day management systems and practices the corporation maintains to optimize returns to grain farmers is appropriate, but there were four significant deficiencies in the strategic management area.
Auditor General Sheila Fraser, in a news conference, said that unless addressed, the deficiencies could have an impact on the CWB's ability in the future to continue optimizing returns to grain producers.
The deficiencies identified by the Auditor General include the need to: clarify the respective roles and ...