SEC Guidance on Management s Report on Internal Control Over Financial Reporting

Feb 28, 2014

280 likes | 473 Views

Introduction. Management is responsible for maintaining a system of internal control over financial reporting (ICFR") that provides reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally ac

Share Presentation

Embed Code

Link

holleb

Download Presentation

SEC Guidance on Management s Report on Internal Control Over Financial Reporting

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

Duke University Health System Internal Controls Over Financial Reporting February 2010

Duke University Health System Internal Controls Over Financial Reporting February 2010 Agenda DUHS Financial Update and Current Plans DUHS Control Environment Service Level Agreements (SLA’s) with DU Expenditure and Investment Transaction Cycles Revenue Cycle

705 views • 24 slides

Reporting on Internal Control in Form 10-K

Management Reporting on the Effectiveness of Their Internal Controls. BEGINNING IN 2004, MANY PUBLICLY traded companies must comply with SEC rules by reporting on the effectiveness of their internal controls in the annual report. The content should contain A statement of management's responsibiliti

309 views • 11 slides

Documenting Internal Controls Over Financial Reporting

Background. KPMG's Management Letter Comment in the 2004-2005 CAFR: Internal controls in place at State agencies that report financial information to the Office of the State Comptroller (OSC) are not sufficiently documented nor tested by management. Background (cont.). DOB, KPMG, OSC agreed to add

321 views • 11 slides

Reporting on the Federal Financial Report “SF-425 ”

Reporting on the Federal Financial Report “SF-425 ”. Presented by HOMELESS GRANT AND PER DIEM PROGRAM and The Financial Service Center. Background on the Federal Financial Report “SF- 425 ” . Purpose:

391 views • 11 slides

An Auditor s Perspective on Internal Management Controls

2. Quotation ?. Each agency is responsible for completing the Annual Statement of Assurance once each year. Agencies should make a concerted effort to quickly complete their internal control checklists for all assessable units on time, so they can get back to their real mission of supporting the wa

383 views • 18 slides

Auditing Internal Control over Financial Reporting

Standards Passed By PCAOB. LO

1.31k views • 105 slides

SEC Accounting Issues Financial Reporting

425 views • 33 slides

Cal State Fullerton CCRG s SEC Financial Reporting Conference

1. Accounting History. Intrinsic Value versus Fair Value MethodCompanies have been able to select one of two approachesAPB Opinion 25 (APB 25") compensation cost equals the market value of the stock at the measurement date minus the exercise priceThis intrinsic value" method results in zero c

324 views • 15 slides

Improving Federal Financial On-Line Reporting

Improving Federal Financial On-Line Reporting. How we got here…. Federal Financial Assistance Management Improvement Act of 1999 (Public Law 106-107) Grants.gov initiative President’s Management Agenda. Which DOL grants will require the new FFR?. SESA programs

661 views • 57 slides

Guidance on TB infection control

Guidance on TB infection control. Fabio Scano Stop TB, WHO. Outline. Objective and target audience Development of the document Questions for literature search Promotion of a package of interventions Discussion over the questions Your input. Content of the Framework. Title

312 views • 19 slides

FINANCIAL REPORTING AND INTERNAL CONTROL MATTERS

FINANCIAL REPORTING AND INTERNAL CONTROL MATTERS. Diane Wasser Amper, Politziner & Mattia, LLP Robert A. Lavenberg BDO Seidman, LLP. Session Contents. FASB 157 Limited Scope Audits Risk Assessment Standards – Year 2 SAS 70. Valuation of Investments and FASB 157.

910 views • 75 slides

Assessing Financial Management and Control on entity level

Assessing Financial Management and Control on entity level Instrument developed by the National Academy of Finance and Economics (NAFE), Ministry of Finance, the Netherlands PEMPAL, Skopje, April2019. Previous PEMPAL meeting:.

241 views • 13 slides

INTERNAL CONTROL BASED ON THE COSO REPORT

INTERNAL CONTROL BASED ON THE COSO REPORT. Objective. To use COSO , the Corporate Governance model, and C OBI T , the Information Technology Governance framework, to achieve compliance with the SARBANES-OXLEY law. Scope. New paradigms. Methodology concepts of COSO.

1.03k views • 71 slides

Internal control over Financial reporting : An IS control perspective

Internal control over Financial reporting : An IS control perspective. CA ANAND PRAKASH JANGID. Agenda. Check in Financial Reporting & Regulation Understanding Internal Control IS Controls & Internal controls Summary. What is common among them????. Financial Reporting & Regulation.

732 views • 36 slides

SEC Reporting

Chapter 14. SEC Reporting. Learning Objective 14-1. Understand the SEC’s structure and regulatory authority. SEC. The Securities and Exchange Commission (SEC) is an independent federal agency created in 1934 responsible for regulating securities markets

655 views • 51 slides

SEC Financial Reporting Update

SEC Financial Reporting Update. Nili Shah Deputy Chief Accountant Division of Corporation Finance June 4, 2012. Disclaimer.

248 views • 10 slides

ICGN Statement and Guidance on Non-financial Business Reporting

ICGN Statement and Guidance on Non-financial Business Reporting. Alejandro Mañosas Martín Mario Méndez López Noelia Pérez López Nerea Villabrille Seca. ICGN Statement on Non-financial Business Reporting Introduction, Disclosure and Transparency.

216 views • 5 slides

Auditing Internal Control over Financial Reporting

Chapter Seven. Auditing Internal Control over Financial Reporting. Management Responsibilities under Section 404.

1.33k views • 38 slides

SEC Reporting

Baker / Lembke / King. 14. SEC Reporting. Electronic Presentation by Douglas Cloud Pepperdine University. EDGAR.

365 views • 23 slides

SEC Reporting

Chapter 14. SEC Reporting. Learning Objective 1. Understand the SEC’s structure and regulatory authority. SEC. The Securities and Exchange Commission (SEC) is an independent federal agency created in 1934 responsible for regulating securities markets

1.16k views • 56 slides

Report on Financial Stability

Report on Financial Stability. November 2013. Financial stability heat map. 2. Key m e ssages of the Report on Financial Stability. The contraction in corporate lending is expected to halt in the coming years, in which the Funding for Growth Scheme play a dominant role .

568 views • 33 slides

Serbia – Report on the Enhancement of Public Sector Financial Reporting

Serbia – Report on the Enhancement of Public Sector Financial Reporting. 2017 REPF Results. Task Team Leaders: Iwona Warzecha, Sector Leader Financial Management Aleksandar Crnomarkovic, Senior Financial Management Specialist. REPF Report – messages.

104 views • 9 slides

More Related