Financial And Accounting Controls: Industry Sound Practices For Financial Institutions

0 Comments Published by claudia January 22nd, 2007 in SOX, Section 404, North America, paper Tags: , , , , , .

The Federal Reserve Bank of New York has issued a paper describing a number of sound practices for financial and accounting controls at financial institutions. Weaknesses in these controls can contribute to inaccurate or incomplete financial reporting and potentially result in legal fees and fines, significant reputational damage and a loss of business.

pdf: Financial And Accounting Controls: Industry Sound Practices For Financial Institutions

Votes | Average: 0 out of 5 Votes | Average: 0 out of 5 Votes | Average: 0 out of 5 Votes | Average: 0 out of 5 Votes | Average: 0 out of 5 (No Ratings Yet)
Loading ... Loading ...
 E-Mail This Post/Page EMail This Print This Post

Search

About

You are currently browsing the SOX Center weblog archives for bank of new york.

- Sponsored by -

Categories

Highest Rated Entries

  • Committee on Capital Markets Regulation Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5 (5 out of 5)
  • AsiaInfo Assists China Mobile to Comply With the Sarbanes-Oxley Act Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5 (5 out of 5)
  • Follow up to the High Tech Industries Conference for Financial Professional, 22th 2006 Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5 (5 out of 5)
  • SOX Automation, Inc is the new sponsor of the SOX-Center.com blog Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5 (5 out of 5)
  • California Board of Accountancy Presents a Free Forum Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5 (5 out of 5)
  • Morningstar: Oxley Sees Changes In Sarbanes-Oxley In Near Future Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5 (5 out of 5)
  • Sarbanes-Oxley does not apply outside the U.S. Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5 (5 out of 5)
  • SOX Automation News: NASPP 14 annual Conference in Las Vegas, Oct 10-13, 2006 Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5 (5 out of 5)
  • Wall Street firms asked to detail Sarbanes-Oxley's impact Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5 (5 out of 5)
  • EU Says US Moves Ease Dispute Over Sarbanes-Oxley Act Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5Average: 5 out of 5 (5 out of 5)

    • Most Rated Entries

  • Anti-Sox Clause maybe included in NYSE-Euronext Merger Deal - 6 Votes
  • Interesting Report: 92 % of Public Companies’ Revenue Processes at Risk for Compliance Failures and Restatements - 3 Votes
  • SOX focus on Big4Guy.com this week - 3 Votes
  • U.S. competitiveness is at risk, says report - 3 Votes
  • Can the government protect the LSE from Sarbox? - 3 Votes
  • SEC offers Further Relief for Smaller Companies - 2 Votes
  • Committee on Capital Markets Regulation - 2 Votes
  • California Board of Accountancy Presents a Free Forum - 2 Votes
  • High Tech Industries Conference for Financial Professionals at Sept. 22th 2006 - 2 Votes
  • Sarbanes-Oxley does not apply outside the U.S. - 2 Votes

    • Most Viewed Entries

  • California Board of Accountancy Presents a Free Forum - 298,429 Views
  • Board Proposes Revised Auditing Standard on Internal Control over Financial Reporting - 205,824 Views
  • Japan insurer Millea quits Nasdaq, U.S. accounting - 14,373 Views
  • SEC: No Help Needed from Congress - 8,510 Views
  • Sarbanes-Oxley law has been a pretty clean sweep - 8,377 Views
  • Oxley says reforms' effects overblown - 7,443 Views
  • Congress Flexes Its Regulatory Muscles - 7,406 Views
  • House Votes to Give Small Companies More Time on Sarbanes-Oxley - 7,367 Views
  • CFOs and controllers at U.S. subsidiaries of Japanese firms begin implementing the Japanese version of Sarbanes-Oxley. - 7,350 Views
  • Follow PCAOB meeting about Sarbanes-Oxley-Act via webcast - 7,290 Views

    • Most Emailed Entries

  • CFO to Pay $51M for Fraud, Sarbox Breach - 4 Emails
  • Board Proposes Revised Auditing Standard on Internal Control over Financial Reporting - 4 Emails
  • SEC offers Further Relief for Smaller Companies - 1 Emails
  • Interesting Report: 92 % of Public Companies’ Revenue Processes at Risk for Compliance Failures and Restatements - 1 Emails
  • Committee on Capital Markets Regulation - 1 Emails
  • California Board of Accountancy Presents a Free Forum - 1 Emails
  • Follow PCAOB meeting about Sarbanes-Oxley-Act via webcast - 1 Emails
  • NYSE chief attacks Aim - 1 Emails
  • Sarbanes-Oxley Charges in Conn. Case Worry Corporate Defense Lawyers - 1 Emails
  • Compliance stifles outsourcing - 1 Emails

    • Syndicate