It is critical that the auditors of both public and non-public companies meet with the audit committee or a designated independent director outside of the ears and eyes of management.
What does NP stand for?
NP stands for Non-Public
This definition appears very frequently
See other definitions of NP
We have 60 other meanings of NP in our Acronym Attic
- No Problem
- No Proceedings
- No Protest
- No Publisher
- Nobel Prize
- Nolle Prosequi (Latin: Not Prosecute; legal motion)
- Non-Deterministic Polynomial-Time (computer programming)
- Non-Pro (hardware)
Samples in periodicals archive:
The purpose of GLB was to protect the confidentiality of non-public personal financial information by requiring disclosure of how that information may be shared, and allowing the client to opt-out of any information sharing.
For example, auditors can't enter into subcontractor relationships with SEC-registered clients, yet do so routinely with non-public entities (for instance, when a non-public company and its auditor jointly or as prime/subcontractor carry out consulting arrangements for a third parry).
Perhaps these attempts to provide government help to those who opt for non-public schools is fueled by some Americans' dissatisfaction with the public education system.