Police embarks audit investments subsidiaries
It seems like you're referring to a news article or a corporate announcement about a police department or a company conducting an audit of its investments in subsidiaries.
Here's a possible breakdown of the information:
- "Police embarks": This likely refers to a police department or a law enforcement agency that is taking action to conduct an audit.
- "audit": An audit is a thorough examination and verification of financial records, accounts, and transactions to ensure accuracy, completeness, and compliance with laws and regulations.
- "investments": This refers to the financial investments made by the police department or company in its subsidiaries.
- "subsidaries": A subsidiary is a company that is owned or controlled by another company, known as the parent company.
In this context, the police department or company is likely conducting an audit to:
- Verify the accuracy of financial records and transactions related to its investments in subsidiaries.
- Ensure compliance with laws, regulations, and internal policies governing investments and financial transactions.
- Identify any potential irregularities, discrepancies, or risks associated with the investments.
- Make informed decisions about future investments and financial strategies.
The audit may involve reviewing financial statements, contracts, and other documents, as well as conducting interviews with relevant personnel and stakeholders. The outcome of the audit may lead to changes in investment strategies, improved financial reporting, or even legal action if any irregularities are found.