Sentences with phrase «financial control system»

Designed and implemented financial control system to ensure cost savings initiatives were attained.

When needed, specific capacity development is provided to project partners in order to ensure good quality of their administrative and financial control system.

Within two years of retaining Bain, Guinness had sold off 150 companies, imposed one of the tightest financial control systems in Britain, and revitalized Guinness stout.

Monitoring and planning for the institution's financial position and financial control systems is normally undertaken by a finance committee.

Monitoring of the institution's financial position and financial control systems is normally undertaken by a finance committee.

Not exact matches

Those who provide core services such as customer relationship management, financial systems, human resources, payroll, etc. should be closely managed, and adoption of unapproved services needs to be controlled.

Treasury's Office of Foreign Assets Control added six individuals and 10 companies and other entities to its sanctions list, saying they have helped people previously penalized for North Korea's weapons development, facilitated North Korea's energy sector and enabled entities to bypass sanctions to get access to the U.S. and international financial system.

NZ is the acronym for a separate operation called Nitro Zeus, which gave the US access into Iran's air defense systems so it could not shoot down planes, its command - and - control systems so communications would go dead, and infrastructure like the power grid, transportation, and financial systems.

I hope that this new system will give me more control over my money and help me take my financial planning to a new level.

There were no training programs, no financial controls, no systems for monitoring costs.

Many of the steps involved — including creating an independent board, upgrading financial reporting systems and controls, exploring growth through internal operations, and fine - tuning your company's strategy — are the same ones required to build a successful company.

Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).

Rob Brierley, chief financial officer of Phoenix Controls, a Newton, Mass., manufacturer of precision air - flow systems: Keep comprehensive records for at least 7 to 10 years.

Through a system of interlocking memberships on the boards of companies he had reorganized or influenced, Morgan and his banking house achieved a top - heavy concentration of control over some of the nation's leading corporations and financial institutions.

China has been trying to get its unruly financial sector under control, worried that asset bubbles and its enormous unofficial — or «shadow» — banking system could threaten its economy, the world's second largest after the United States».

Both governments, with ambitions to create state - sponsored cryptocurrencies, are looking to take advantage of the promise that Bitcoin introduced to the world financial system: a new kind of money and financial infrastructure, outside the control of any central authority, particularly the United States.

China withstood the Asian financial crisis in 1997 and 1998 and the global financial crisis in 2008 and 2009 in part because its financial system depended on highly stable household and corporate deposits parked mainly at four huge, government - controlled banks.

Management has the primary responsibility for the financial statements and the reporting process, including the Company's systems of internal controls.

At that time, there were wide - ranging controls on the financial system.

-- He'd try to use the Fed's control of the guts of the financial system to help lower - and middle - class Americans.

But there was also a fear that change could lead to a loss of control over the financial system.

The deregulation of the financial system in the 1980s, and the floating of the exchange rate and abolition of exchange controls in 1983, were pivotal.

In particular, we must perform system and process evaluation and testing of our internal control over financial reporting to allow management and, to the extent that we are no longer an «emerging growth company» as defined in the JOBS Act, our independent registered public accounting firm to report on the effectiveness of our internal control over financial reporting, as required by Section 404 of the Sarbanes - Oxley Act.

If we fail to maintain an effective system of internal control over financial reporting, we may not be able to accurately report our financial results or prevent fraud.

We have seen similar innovation and disruption in other fields but in banking it has been difficult as large financial institutions have controlled the system for a long time without giving up control.

The U.S. derivatives regulator will hold two meetings to discuss the procedure and operational controls for listing and trading digital currency futures, it said on Thursday, amid rising concerns over the risks bitcoin poses to the financial system.

As the indicator in Chart 4 suggests, even as the Fed has recently raised interest rates under their control, monetary conditions remain a long way from being sufficiently «tight» to restrict financial system liquidity and putting the economic expansion at risk.

We supervise state chartered banks that choose to be members of the Federal Reserve System, trust companies, data processing centers that service state member banks, and bank and financial holding companies, which control one or more commercial banks.

Bitcoin is a new modern - day payment system that puts the control into the community and not the banks and financial institutions.

So when you go to financial repression rather than us pulling our money out of the system and hoarding it, they would force us to use an electronic currency which they can control.

Instead, regional stability will depend on China's success at reducing systemic risks to its financial system — which it aims to accomplish primarily by controlling the pace of credit expansion (see Figure 1) and by gradually deleveraging its state - owned enterprises, or SOEs.

Money and banking textbooks typically portray the Act as modernizing the financial system «to correct certain serious shortcomings in the National Bank Act: to provide an elastic currency, efficient clearing, centralized reserves, readily available credit for banks, and unified control of the banking system.»

«It leverages state control of the financial system to channel low - cost capital to domestic industries — and to resource - rich foreign nations whose oil and minerals China needs to maintain rapid growth.»

The only conclusion we can draw from this is that something has blown up in the global financial system which caused unpredictable instability in — and loss of control over — the Fed's manipulation mechanisms.

People living in such countries have been failed by their centralized, national financial systems that are controlled by the government.

OED staff formulate the agency's budget, supervise the allocation and use of agency resources, promote management controls and financial integrity, and develop and maintain the agency's automated information systems.

Cryptocurrencies threaten to disrupt the West's economic power by decentralizing the operation of the financial system outside sovereign states» control.

During a panel on the future of money and banking we discussed how the financial system is rapidly losing control of its own product, i.e. money, in the same way that the music industry has lost control of its product.

Three: the concessions which the G7 is considering now in order to maintain its overall control over the global financial system threatened by the withdrawing of eastern, southern and south east Asian countries from financial globalisation and the possibilities for other countries such as Russia, some countries of Latin America, Africa and western Asia to move in that direction.

@myweightinwords: Lack of birth control, lack of education, failure of birth control, health issues, financial constraints and lack of support systems cause abortion.

Lack of birth control, lack of education, failure of birth control, health issues, financial constraints and lack of support systems cause abortion.

«Second, the systems of financial oversight and control for the management of the patrimony of the Order were either too weak or were compromised, thus limiting their effectiveness to guarantee responsible, transparent management.

Ten business and financial corporations control the three major television and radio networks (NBC, CBS, ABC), 34 subsidiary television stations, 201 cable TV systems, 62 radio stations, 20 record companies, 59 magazines including Time and Newsweek, 58 newspapers including the New York Times, the Washington Post, the Wall Street Journal, and the Los Angeles Times, 41 book publishers, and various motion picture companies like Columbia Pictures and Twentieth - Century Fox.

Prospective consultants are required to have a sound, general working knowledge of organic systems, including quality control and practices, conversion periods, national and international standards, basic financial implications, grant aid and support schemes, business practice and environmental management.

DiNapoli, whose office oversees local finances, is reportedly considering a more comprehensive system of state response, including an early - warning system to head off emerging crises and the creation of a state - level financial control board.

A former board member of the Rockefeller Institute of Government, Faso also served for three years as a member of the Control Board that worked to fix the financial and managerial issues of the City of Buffalo and its school system.

A civic coalition seeking to improve how Albany governs is asking incumbents and candidates for state office this year to pledge publicly to back strict fiscal controls on state spending, stronger ethics and financial disclosure regulations, and a nonpartisan system for drawing legislative and Congressional districts.

There are two basic, structural problems with their NHS: it is too massive and centrally controlled; and because of that centralised system, we have a second basic problem, that the financial incentives all pull in the wrong direction.

According to the Financial Action Task Force on Money Laundering (FATF), an independent inter-governmental body that develops and promotes policies to protect the global financial system against money laundering and terrorist financing, the term beneficial owner refers to the natural person (s) who ultimately owns or controls a legal entity and / or the natural person on whose behalf a transaction is being cFinancial Action Task Force on Money Laundering (FATF), an independent inter-governmental body that develops and promotes policies to protect the global financial system against money laundering and terrorist financing, the term beneficial owner refers to the natural person (s) who ultimately owns or controls a legal entity and / or the natural person on whose behalf a transaction is being cfinancial system against money laundering and terrorist financing, the term beneficial owner refers to the natural person (s) who ultimately owns or controls a legal entity and / or the natural person on whose behalf a transaction is being conducted.

Javvad Malik, security advocate at AlienVault, told SC that organisations dealing with industrial control systems may not be as savvy to scams as financial services, so it could be that the success rate of targeted emails is higher.