Internal Control Report definition

Internal Control Report means a Type II Service Organizational Control (SOC) report (based on the SSAE 16 or ISAE 3402 model) or any successor report thereto.
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Internal Control Report means a Type II Service Organizational Control (SOC) report (based on the SSAE 18 Attestation Standards: Clarification and Recodification or ISAE 3402 model) or any successor report thereto;
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Internal Control Report means a report of management that describes management’s assessment of the effectiveness of an issuer’s internal control over financial reporting;
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Examples of Internal Control Report in a sentence

  • In order to secure reliability of financial reporting, the Company shall establish an internal control system aiming at effective and proper submission of the Internal Control Report based on the Financial Instruments and Exchange Act, continuously evaluate the system’s proper function and make necessary revisions.

  • For details of the Company’s internal control, please refer to the 2008 Internal Control Report of ZTE Corporation published simultaneously with this report.

  • Auditors express their opinion on these statements as to whether such statements represent meaningful financial information about the company for the period.The FIEA also requires listed companies to prepare an Internal Control Report and to have it audited.

  • The Management Risk and Internal Control Area performs the Internal Control Report which shows the current situation of the Group at the time of the risks and controls analysis, which allows updating the Risk and Control Map.

  • If the Custody Rule applies, you must obtain an Internal Control Report from your Related Person.

  • Auditors express their opinion on these statements as to whether such statements represent meaningful financial information on the company for the period.The FIEA also requires listed companies to prepare an Internal Control Report and to have it audited.

  • Reserved for the Internal Controls Checklist and Case Summary and Internal Control Report.

  • OSC’s most recent Internal Control Report (2015) has been provided separately as Attachment I.

  • It was moved, seconded, and the Moss Adams’ Internal Control Report and Recommendations wereunanimously approved as presented.

  • On an annual basis, the Chief Audit Executive issues an Internal Control Report indicating procedures performed by Internal Audit in evaluating the internal control system of the Company that includes its policies, procedures, processes as well as an attestation that a sound internal audit, control, compliance system is in place and working effectively.


More Definitions of Internal Control Report

Internal Control Report means a Type II Service Organizational Control (SOC) report (based on the SSAE 18 or ISAE 3402 model) or any successor report thereto or an ISO 27001 Certification Report (if applicable).
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Internal Control Report means the internal control report issued by the Internal Control Consultant on 20 June 2023 in respect of their recommendations to the Company regarding the internal control systems of the Company; Jumbo Top means Jumbo Top Group Limited, a company incorporated in the BVI with limited liability on 21 April 2006 and a substantial shareholder of the Company; Lead Ahead means Lead Ahead Limited, a company incorporated in the BVI with limited liability on 23 January 2006 and a Controlling Shareholder of the Company; Li Ning Co means Li Ning Company Limited, a company incorporated in the Cayman Islands with limited liability on 26 February 2004 and an associated company of the Company, the issued shares of which are listed on the Main Board of the Stock Exchange (stock code: 2331); LionRock means LionRock Capital Partners QiLe Limited, a company incorporated in the BVI with limited liability and a wholly owned subsidiary of the Company;
Sample 1

Related to Internal Control Report

  • Internal control means a process effected by an entity's governing board, management, and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in the following categories:

  • Internal control over financial reporting means a process effected by an insurer’s board of directors, management and other personnel designed to provide reasonable assurance regarding the reliability of the financial statements, i.e., those items specified in Section 5(B)(2) through 5(B)(7) of this regulation and includes those policies and procedures that:

  • Internal Controls has the meaning set forth in Section 4.07(d).

  • Internal Control Event means a material weakness in, or fraud that involves management or other employees who have a significant role in, the Company’s internal controls over financial reporting, in each case as described in the Securities Laws.

  • Financial Report means the annual financial report prepared under Chapter 2M of the Corporations Act for the Company and its controlled entities;

  • Financial Reports means the Annual Financial Statements and the Interim Accounts.

  • Audited financial report means and includes those items specified in Section 5 of this regulation.

  • Call Report means the Call Report(s) (as defined in Section 4102(4) of the SBJA) of the IDI Subsidiary(ies); and (b) if there are multiple IDI Subsidiaries, all references herein or in any document executed or delivered in connection herewith (including the Certificate of Designation, the Initial Supplemental Report and all Quarterly Supplemental Reports) to any data reported in a Call Report shall refer to the aggregate of such data across the Call Reports for all such IDI Subsidiaries.

  • Collateral Reports means the reports with respect to the Collateral referred to in Annex F.

  • Interim controls means a set of measures designed to temporarily reduce human exposure or likely exposure to lead-based paint hazards, including specialized cleaning, repairs, maintenance, painting, temporary containment, ongoing monitoring of lead-based paint hazards or potential hazards, and the establishment and operation of management and resident education programs.

  • Financial reporting year means the latest consecutive twelve-month period for which any of the following reports used to support a financial test is prepared:

  • Collateral Report means any certificate (including any Borrowing Base Certificate), report or other document delivered by any Grantor to the Administrative Agent or any Lender with respect to the Collateral pursuant to any Loan Document.

  • Annual Report means any Annual Report provided by the Issuer pursuant to, and as described in, Sections 3 and 4 of this Disclosure Certificate.

  • Financial Records means any document or summary of information contained in a document, including electronic documents, that contains information about the financial activities or position of a person including, but not limited to, information about the assets, balance sheets, budgets, cash flow, earnings, revenue, expenditures, income, investments, losses, liabilities, payroll, profits, retained earnings, or taxes.

  • Internal combustion engine or ‘engine’ means an energy converter, other than a gas turbine, designed to transform chemical energy (input) into mechanical energy (output) with an internal combustion process; it includes, where they have been installed, the emission control system and the communication interface (hardware and messages) between the engine's electronic control unit(s) and any other powertrain or non-road mobile machinery control unit necessary to comply with Chapters II and III;

  • Internal Costs means as defined in paragraph 1.1 of Schedule 4 (Heads of Expenditure) (and shall, for the avoidance of doubt, not include any revenue costs or capital investment relating to the implementation of any project pursuant to an Annual Business Plan) and excluding Joint Committee Costs

  • Weakness means a flaw in the SOQ that increases the risk of unsuccessful Contract performance. A significant Weakness in the SOQ is a flaw that appreciably increases the risk of unsuccessful Contract performance.

  • Internal Auditor means the person employed or engaged by the Corporation to perform the internal audit function of the Corporation;

  • Compliance Statement is that certain statement in the form attached hereto as Exhibit B.

  • Rapid(ly) report(ing means within 72 hours of discovery of any cyber incident.

  • Pick Up Report means the report detailing the number of sleeping rooms per day actually used out of the Program’s room block.

  • Internal audit means an independent appraisal activity established within a state agency as a control system to examine and evaluate the adequacy and effectiveness of other internal control systems within the agency.

  • Internal Collaboration means collaborative arrangements within a group of companies or within various strategic business. units/subsidiaries/operating divisions in order to gain a strategic position whilst sharing resources, profits and losses as well as risks

  • Safeguards Monitoring Report means each report prepared and submitted by the Borrower to ADB that describes progress with implementation of and compliance with the EMP and the RP, including any corrective and preventative actions;

  • external company means a foreign company that is carrying on business, or non-profit activities, as the case may be, within the Republic, subject to section 23(2);

  • Monthly Reporting Date means the 25th day of each month after the date of this Agreement (or if any such day is not a Business Day, the next succeeding Business Day thereafter).