Sentence examples for material weaknesses from inspiring English sources

The board also identified material weaknesses in the company's financial reporting controls.

The town's auditors in 1992 found five "material weaknesses" in the budget and made 99 other recommendations.

"We wanted a delay due to a change of audit approach and due to material weaknesses identified," he said.

"Jeff discussed management letter comments and that they were material weaknesses in internal accounting controls," the notes said.

The company has delayed filing its annual report twice after identifying material weaknesses in its financial reporting controls.

Last July, American Apparel's accounting firm, Deloitte & Touche, resigned, citing "material weaknesses in internal control over financial reporting".

By the firm's assessment, that constituted a "material weakness".

It restated quarterly results last year after disclosing a "material weakness" in its internal accounting controls.

The Veritas Software Corporation restated three years of results yesterday and said its accountant had found "material weakness" in its internal controls.

A new president for tax matters and more accounting staff are to be hired to fix "a material weakness in internal controls," the company said.

Newcastle had suffered a "material weakness" in internal controls two years earlier and received a "financial health grade" of D from the independent investment research firm Morningstar.