Sentences with phrase «accounting irregularities need»

«The compliance bar for companies to go public is much higher than in previous years, so things like pending litigation and accounting irregularities need to be clean,» says David Zilberman, partner at venture capital firm Comcast Ventures.

Not exact matches

On day 7, Drinker Biddle proved there were no accounting irregularities in a presentation to the company's CEO, its board of directors, and the outside auditor — eliminating the need to conduct a costly independent financial audit.

In deciding whether to disclose the findings, companies will need to take into account (i) Consob's power to request companies to provide documents or information — including documents or information relating to the internal review --(see question 4 above), (ii) the auditors» duty to report irregularities to Consob (see question 7 above), and (iii) the issuers» general obligation to disclose inside information to the public.

Accounting irregularities in the past three years at both Fannie Mae and Freddie Mac leave little doubt about the need for change.