Sentence examples for internal control weaknesses from inspiring English sources
The audit firm, Clifton Gunderson, referred to "serious internal control weaknesses" in its report.
The company will have to answer questions regarding its accounting, which its regulator has said shows "internal control weaknesses".
The order cited "internal control weaknesses including the incomplete identification of high-risk customers in multiple areas of the bank".
A report last month by the agency overseeing the companies said that they pose "significant supervisory concerns" and that Freddie Mac suffers "internal control weaknesses".
In this study, the relationship between municipal elections and internal control weaknesses is examined.
These findings should be informative to both auditors and management when confronted with a range of IT and non-IT internal control weaknesses following the initial identification and disclosure of multiple material weaknesses as required by SOX.
We estimate internal control weakness and accrual quality separately; then to test research hypothesis correlation coefficients was measured.
According to prior research in companies with high internal control weakness, will present reduced financial information quality.
This paper investigates the relation between internal control weakness and accruals quality using data obtained from 200 companies listed on Tehran stock exchange between 2008 and 2013.
We further find that perceived effectiveness of remediation, financial misstatement risk attributed to the unresolved internal control weakness, and management credibility fully mediate the relation between company remediation strategies and investing judgments.
