Internal accounting controls govern your financial system. "Management is responsible for developing and maintaining effective internal control," reports the U.S. Whitehouse Office of Management ...

Internal controls are systems and procedures designed to ensure that all employees perform their duties ethically and honestly. Accounting controls deal specifically with the integrity of internal ...

Internal controls are about as old as accounting, which can be traced back to circa 3400 BCE when the Sumerians developed the first instance of writing to keep accounting records. Moving forward to ...

Policies designed to control a demonstrable level of control in accounting systems can be defined narrowly. Skip to content. Home page Seeking Alpha - Power to Investors.

When you review the actual law surrounding books and records and internal controls, you wonder to yourself what took the Justice Department and the SEC so long to discover the full power of the ...

Years ago I used to work for a guy named Mike. He was the chief financial officer at the company where we both worked, and I was his controller. Mike, if you're reading this, you know who you are. You ...

The order marks the second time that the SEC has utilized the internal accounting controls provision to seemingly "gap fill" a statutory void where it possibly 1) couldn't prove scienter, 2) did ...

White & Case attorneys discuss the changing scope of the internal accounting controls provision under Section 13(b)(2)(B) of the Exchange Act. They analyze recent developments and highlight ...

General Motors Corp. <GM.N> has concluded that its internal controls on financial reporting are "ineffective," after a six-week delay in reporting 2006 results prompted by repeated accounting errors.