 |
 |
|
|
|
||||||||||
|
||||||||||
|
|
|||||||||
|
||||||||||
When a company's material-weakness disclosures rise, the CFO's bonus falls, according to a new study.
Alan Rappeport, CFO.com | US
October 30, 2007
Was very interesting to read. google
Posted by Sommo Pokkonin | March 09, 2009 08:53 am
An unremediated, significant control deficiency/ies could eventually be rated as a material weakness leading to a possible material misstatement in the company's financial statements. Everyone loses because of a weak control environment: the shareholder, the CEO/CFO (who are primarily responsible for designing and maintaining controls) and,ofcourse, the enterprise.
Posted by Chandrasekar Venkataraman | October 31, 2007 06:15 pm
© CFO Publishing Corporation 2009. All rights reserved.