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Then he employs an elegantly simple financial reporting system to keep track of performance.
Management controls were tightened and a computerized financial reporting system was installed.
Ensure the integrity of the corporations accounting and financial reporting systems, including their independent audit.
Their accounting is rather more standardized than ours, so it's helpful to use their financial reporting system."
What other unpleasant surprises were lurking out there, he demanded, masked by an imprecise financial reporting system?
Our financial reporting system - which is supposed to inform investors about the health of companies - has in many respects devolved into a numbers game.
SOX 404 compliance costs represent a tax on inefficiency, encouraging companies to centralize and automate their financial reporting systems.
Haphazard or inadequate financial reporting systems at City Hall made those problems worse, according to the bond-rating agencies that follow municipal finances.
The Joint Undertaking is in a start-up phase and had not yet fully established its internal control and financial reporting systems by the end of 2009.
Those who can't "have given up on the financial reporting system," said Paul R. Brown, an accounting professor at New York University.
"The numbers look wonderful," said Albert J. Meyer, an accountant and investment analyst, about Coca-Cola's financial reporting system.
Working with both private and public sector experts, the committee made several actionable recommendations to improve the U.S. financial reporting system, many of which have been implemented.
Interpublic is undertaking a lengthy list of operational improvements to tighten financial reporting systems and get information faster, Mr. Coughlin said.
Mr. Dimmling could persuade executives around the world to cooperate on joint financial reporting systems, like the one he finished that last weekend for Marsh Inc.
Hawker also reported that it had breached banking covenants and had failed to file its 10-K for 2011 on time because of problems with its internal financial reporting systems.
EIA-28, Financial Reporting System - Section 205(h) of the DOE Organization Act.
"It seems clear that there were numerous failures, inadequacies and breakdowns in the multilayered system designed to protect the integrity of the financial reporting system at WorldCom," the report says.
The rules were changed, the institute says, partly as a response to concerns that "civil liability suits and revelations of fraudulent financial reporting have prompted questions about the integrity of financial reporting systems."
Even prior to Enron, we had been working to improve and modernize our corporate disclosure and financial reporting system to make disclosures and financial reports more meaningful and intelligible to average investors.
However, what concerns me the most is that the Joint Undertaking had not yet fully established its internal control and financial reporting systems, which jeopardises transparency in the spending of money coming from European taxpayers.
ABB's ultimate control of the purse strings was driven home to Combustion executives when hundreds of them were given a crash course in Abacus, ABB's financial reporting system.
"We show them how to turn the data they already have into the information they can use to better manage such things as financial reporting systems, making competitive analyses and finding the costs of advertising and sales-promotions budgets."
In 1986 he became the brewing division's chief financial officer (CFO), where he came to the attention of Grand Met's chairman Allen Sheppard after he reformed the financial reporting system.
As an accountant they must have knowledge of the latest accounting standards and procedures, be proficient in many different Financial Reporting Systems being used, and be able to provide recommendations that will strengthen internal controls.
The U.S. Securities and Exchange Commission continues to explore whether to incorporate international financial reporting standards (IFRS) into the U.S. financial reporting system.