Category Archives: Internal Controls (ICFR – SOX 404)

The Audit Analytics Internal Controls database covers all SEC registrants who have disclosed their assessments of internal controls over financial reporting.

PCAOB Audit Committee Dialogue

Posted on May 18, 2015 by

The PCAOB’s May 2015 release of its Audit Committee Dialogue provides audit committee members of publicly traded companies with insight into concerns that have consistently arisen in discussions between audit committees and auditors over the past few years. In addition, the … Continue reading →

Genworth Financial: Fewer Adjustments, But Controls Still Ineffective

Posted on May 1, 2015 by

As we discussed in our previous blog, the remediation of control deficiencies can be a lengthy and costly process. The case of Genworth Financials (NYSE: GNW) is no exception. Its most recent quarterly report, filed on Wednesday, April 29, states that its … Continue reading →

Exploring the Disclosure of Cybersecurity

Posted on April 10, 2015 by

The SEC has been concerned with cybersecurity disclosures for many years. In 2011, guidance was issued to clarify public companies’ responsibility to disclose cybersecurity issues. The guidance requires public companies to disclose cybersecurity as a Risk Factor for companies that … Continue reading →

Genworth Financial Cites Inadequate Controls

Posted on March 4, 2015 by

Reporting requirements may sometimes seem to be set in stone, but they do in fact change from time to time. Usually, when a regulator changes a requirement, it also imposes a deadline for the implementation of the change. The companies are … Continue reading →