No Accounting Issues Clause Samples
The "No Accounting Issues" clause serves to affirm that the agreement or transaction will not result in any adverse accounting consequences for the parties involved. Typically, this clause requires each party to confirm that entering into the contract will not trigger negative impacts on their financial statements, such as the need to restate earnings, recognize unexpected liabilities, or violate accounting standards. By including this provision, the parties aim to prevent unforeseen financial reporting problems and ensure that the transaction does not compromise their compliance with accounting regulations or internal policies.
No Accounting Issues. The Company has not received any notice, oral or written, from its Board of Directors or Audit Committee stating that it is reviewing or investigating, and neither the Company’s independent auditors nor its internal auditors have recommended that the Board of Directors or Audit Committee review or investigate, (i) adding to, deleting, changing the application of, or changing the Company’s disclosure with respect to, any of the Company’s material accounting policies; or (ii) any matter which could result in a restatement of the Company’s financial statements for any annual or interim period during the current or prior two fiscal years.
No Accounting Issues. The Company has not received any notice, oral or written, from its Board of Directors stating that it is reviewing or investigating, and neither the Company’s independent auditors nor its internal auditors have recommended that the Board of Directors review or investigate, (i) adding to, deleting, changing the application of, or changing the Company’s disclosure with respect to, any of the Company’s material accounting policies; or (ii) any matter which could result in a restatement of the Company’s financial statements for any annual or interim period during the current or prior two fiscal years.
No Accounting Issues. Except as otherwise disclosed in the Registration Statement, the Company has not received any notice, oral or written, from its board of directors or audit committee stating that it is reviewing or investigating, and neither the Company’s independent auditors nor its internal auditors have recommended that the board of directors or audit committee review or investigate, (i) additions, deletions, changes to the application of, or modifications to the Company’s disclosure with respect to, any of the Company’s material accounting policies; (ii) any matter which could result in a restatement of the Company’s financial statements for any annual or interim period during the current or prior two fiscal years; or (iii) any Internal Controls event, including, without limitation, events related to internal control failure, internal control weakness, and findings from control testing and evaluation.
No Accounting Issues. The Company has not received any notice, oral or written, from its board of directors or audit committee stating that it is reviewing or investigating, and neither the Company’s independent auditors nor its internal auditors have recommended that the board of directors or audit committee review or investigate, (i) adding to, deleting, changing the application of, or changing the Company’s disclosure with respect to, any of the Company’s material accounting policies; (ii) any matter which could result in a restatement of the Company’s financial statements for any annual or interim period during the current or prior two fiscal years; or (iii) any Internal Control event.