On Friday, SEC Chief Accountant Paul Munter released a public statement in which he expressed concerns about the risk assessment process of both auditors and management. As a possible harbinger of ...
Software company Qualtrics disclosed the discovery of a material weakness in its internal control over financial reporting (ICFR) for the 2022 fiscal year. The weakness concerned “management’s risk ...
On March 30, 2023, the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”), an organization comprising five private-sector organizations with the goal of helping companies ...
CareCloud, Inc., a healthcare technology provider, announced potential changes to its audit arrangements due to an upcoming requirement for an Internal Control over Financial Reporting (ICFR) ...
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