English Language WordTools.ai BETA

Phrases with «material weaknesses»

The phrase "material weaknesses" refers to significant problems or flaws in a system or organization that could have a negative impact on its financial reporting and overall operations. These weaknesses may result in errors, inaccuracies, or even fraud, and need to be identified and addressed to ensure proper functioning and reliable financial information. Full definition

Sentences with «material weaknesses»

  • MetLife cut Hele's total 2017 compensation by 6.4 percent, to $ 5.3 million from $ 5.7 million, a change that reflected the insurer's «performance in managing financial matters, including material weaknesses in internal control over financial reporting,» the company said in an April 26 proxy statement.. (cnbc.com)
  • Q406 operational metrics increased 99.9 % in malicious code defense, a reduction to 1 % in incident handling, reduction in SOX controls by 50 %, successful management of the SOX control effort in 2004 when material weaknesses were threatened (October) to 0 deficiencies total (December 2006). (jobhero.com)
  • The SEC has examined fees and expenses at 112 firms and found «violations of law or material weaknesses in controls» in more than half of them. (finalternatives.com)
  • (see all sentences)

See also

a b c d e f g h i j k l m n o p q r s t u v w x y z