Skip to main content

Sarbanes-Oxley issues in Mergers and Acquisitions of Credit Departments

Compliance Key INC - Accounting and Finance Training

Overview
For many companies, Accounts Receivable is the largest or second largest asset on the balance sheet. Therefore, any weakness in the financial controls for A/R could have a serious impact on the company's financial statements. As well, since Accounts Receivable departments interact with almost every other department in the company, weak controls in A/R can lead to increased risk in other areas.This is especially true when it comes to integrating Credit Departments in Mergers and Acquisitions.This session will provide you with the tools you need in a Merger and Acquisition process to establish and maintain strong internal controls that reduce risk and protect company assets. 
In the case of public companies. with International Financial Reporting Standards (IFRS), executives remain personally responsible for their public company's merged financial statements on a consolidated basis and for the effectiveness of their internal controls. In a Merger and Acquisition, the Credit Department should overhaul its Sarbanes-Oxley controls to ensure that all the new processes are effectively controlled. In addition, Credit executives must have Company executives and auditors approve these new controls.If you are a creditor an accounting professional you need to be familiar with exactly what the new controls consist of, and what implementing these changes mean for your company.
Why should you attend this webinar?
This presentation will help you make sure your company remains compliant with SOX after a Merger and Acquisition. You will become acquainted with the latest information regarding SOX and will review how to design and implement compliant Credit controls.
Areas Covered in the Session:
  • Brief Sarbanes-Oxley overview
  • What to watch for and what controls you need in a Merger and Acquisition
  • Best practices for Credit Department reports
  • How Credit disclosure requirements can change under SOX
  • Using IFRS? Know how IFRS will affect SOX compliance
Who can Benefit:
  • Credit professionals
  • CEO/CFO
  • Board members
  • External and internal auditors
  • Compliance professionals
  • Finance professionals
  • Internal auditors

Labels:
Location: United States

Comments

Post a Comment

Popular posts from this blog

Essentials of Affirmative Action and OFCCP Compliance

Compliance Key INC  -  Human Resource Training Online                                                                  Janette Levey Frisch Janette Levey Frisch is Keynote Speaker at Compliance key Inc. She is founder of  The EmpLAWyerologist Firm, has over 20 years of legal experience, more than 10 of which she has spent in Employment Law. It was during her tenure as sole in-house counsel for a mid-size staffing company headquartered in Central New Jersey, with operations all over the continental US, that she truly developed her passion for Employment Law.   Webinar Id:   CICJE001  10.00 AM PT | 01.00 PM ET   01/09/2018  Duration: 90 mins  Overview If you are a federal contractor, having a firm grasp on the essentials ...
Post a Comment
Read more

Understanding Design Controls

Compliance Key INC  -  Medical Device Training Overview Design Controls are the processes used to design, develop, and manage medical devices that you manufacture. They are mandated by federal regulation, however, the regulations concerning design controls are vague in terms of the specific process steps required and the approaches that should be taken to achieve compliance should be developed. Knowing how the FDA both views and examines design controls is crucial to achieving compliance throughout the life of the medical devices you manufacture and is one of the most valuable compliance subject areas to explore. Noncompliance in design controls, which are consistently uncovered by the FDA during inspections and examinations, are concerned with the design control process that has been designed and applied and the documentation required to support each design control step. The specific sections of the regulations that apply to design controls include CFR 21 Part 820 Qua...
1 comment
Read more

Conducting a Software Validation of Medical Device to Meet FDA Requirements

Compliance Key INC -  Medical Device Training                                           Edwin Waldbusser Ed is Keynote Speaker at Compliance key Inc . He is retired from industry after 30 years in management of development of medical device products and development of company Quality Systems. Products included IVD devices, kidney dialysis systems and inhalation devices. QS experience includes design control, risk analysis, CAPA, software validation, supplier qualification/ control and manufacturing.   Webinar Id:  LSHCMEW007  10.00 AM PT | 01.00 PM ET  12/04/2017   Duration 90 mins  Overview This course will teach how to conduct a software validation program that will satisfy FDA requirements and produce a safe product. Software validation is much more than testing.We will explain the role of risk analysi...
Post a Comment
Read more