Financial irregularities definition

Financial irregularities means a condition or act characterized by intentional deception such as the intentional misstatement or omission of significant information in accounting records, financial statements, other reports, documents, or records.¶
Financial irregularities means there is money missing, correct? There is no money missing here, and the implication otherwise is misleading.
Financial irregularities means the intentional misstatements or omissions of information related to financial transactions in a manner detrimental to the interest of the university. These may include intentional efforts to conceal the nature of transactions or intentional violations of relevant federal or state laws or university policies, regulations, or procedures.

Examples of Financial irregularities in a sentence

  • Financial irregularities refer to all kinds of: • corruption, including bribery, nepotism and illegal gratuities; • misappropriation of cash, inventory and all other kinds of assets; • financial and non-financial fraudulent statements; • all other use of Project funds which is not in accordance with the implementation plan and budget.


More Definitions of Financial irregularities

Financial irregularities means, with respect to Window 1, 2 and 3 Funds, any kind of: a. corruption, including bribery, nepotism and illegal gratuities; b. misappropriation of cash, inventory and all other kinds of assets; c. financial and non-financial fraudulent statements; or d. other use not in accordance with the agreed work programs and financing plans. Funders is defined in the CGIAR System Framework.