Requiring smaller companies to have their internal controls audited "may not be an efficient way of benefiting and protecting investors."
Here's a look at issues companies will face in implementing the new lease accounting standard.
Study results contradict critics who are trying to water down the Sarbanes-Oxley requirement for auditing internal controls over financial reporting.
The SEC takes the position that public companies must assess and calibrate internal accounting controls for the risk of cyber frauds.
Automation can process more internal controls data in less time, with greater accuracy, pinpointing suspicious activity that manual auditing might miss.
The warning related to IT systems that "support the company’s financial reporting processes" drove Costco's stock down 2.4%.
Financial planning and analysis tops even strategic planning among the finance processes that CFOs want to improve.
If the acquiring company elects to exempt the target from Sarbanes-Oxley Section 404 internal controls attestation, negative stock returns may follow.
The SEC says Moody's failed to ensure the accuracy of statistical models and apply rating symbols consistently.
The startup, AuditBoard, offers a cloud-based platform for managing Sarbanes-Oxley compliance and other aspects of internal auditing.
The benefits company's internal investigation found “a material weakness in its internal control over financial reporting."
The use of effective internal controls around sustainability performance data is not just a 'nice to have'; it’s a must-have.
