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Stock impact report

FEI and CCR Release Insights to Help Navigate Internal Controls Efforts Around Business Combinations

Cisco Systems, Inc. (CSCO) 
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: PR Web
MORRISTOWN, N.J. (PRWEB) December 09, 2019 Financial Executives International (FEI), the association of choice for CFOs, Controllers, and other senior-level finance executives, and the Committee on Corporate Reporting (CCR), a technical committee of FEI, today released a new guide in the ICFR: Insights, Issues, and Practices series that addresses internal control considerations for business combinations. The guide is intended to provide useful, relevant information that will help companies focus internal control efforts related to business combinations on areas that present risks of material misstatement. CCR has observed that, due to the complexity surrounding business combinations, many preparers expend significant effort in designing controls and developing documentation to operate an effective system of internal control at the time of a business combination and post-acquisition. The objective of this preparer-led effort is to provide a high-level overview on how to design and ope Show less Read more
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