SEOUL _ South Korea's financial watchdog warned companies Monday to bolster internal control systems and vowed widespread inquiries after Daewoo Securities Co . revealed that one of its traders had hacked into its systems and used a client's account to buy almost 25.8 billion won ( $ 21.4 million ) of shares over the Internet.
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SEOUL _ South Korea's financial watchdog warned companies Monday to bolster internal control systems and vowed widespread inquiries after Daewoo Securities Co . revealed that one of its traders had hacked into its systems and used a client's account to buy almost 25 . 8 billion won ( $ 21 . 4 million ) of shares over the Internet.
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A Single Audit encompasses an examination of a recipient s financial records, financial statements, federal award transactions and expenditures, the general management of its operations, internal control systems, and federal assistance it received during the audit period ( the time period of recipient operations examined in the Single Audit, which is usually covers a natural or fiscal year ).
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The objective of Section 404 is to provide meaningful disclosure to investors about the effectiveness of a company s internal controls systems, without creating unnecessary compliance burdens or wasting shareholder resources . Based on the 2007 guidance, SEC and PCAOB directed a significant reduction in costs associated with SOX 404 compliance, by focusing efforts on higher-risk areas and reducing efforts in lower-risk areas.
How to say internal control system in Hindi and what is the meaning of internal control system in Hindi? internal control system Hindi meaning, translation, pronunciation, synonyms and example sentences are provided by Hindlish.com.
