Sentence examples for accuracy of financial statements from inspiring English sources

Executives said that lawyers were recommending that companies push the responsibility for the accuracy of financial statements further down in the organization.

Michael J. Critelli, the chief executive of Pitney Bowes, agrees with the Securities and Exchange Commission that corporate chiefs should certify the accuracy of financial statements.

Mr. Dunlap, 60, also said in a statement released today that he had full confidence in the accuracy of financial statements issued during his two-year tenure.

Top executives will continue certifying the accuracy of financial statements and will have to swear that they have applied internal controls to ensure the reliability of the information reported to them.

This section requires that CEOs and CFOs personally certify the accuracy of financial statements and disclosures in the periodic reports and that those statements fairly present in all material aspects the results of operations and financial condition of the company.

That is troubling for CFOs, who are at risk both because they sign off on the accuracy of financial statements and because they are often responsible for a company's compliance activities.

The accounting literature indicates that the presentation of financial information either within the financial statements or in the notes to the financial statements often creates functional fixation where users of financial statements fail to adjust for differences in accounting policy.

Double-entry bookkeeping and the preparation of financial statements are classification activities of accounting practice.

Description: Preparation and analysis of financial statements.

They check authenticity of financial statements.

Historically, the format of financial statements has varied from one country to another.