Internal control

Youngevity International, Inc. Provides Financial Reporting and Business Update

Retrieved on: 
Monday, March 22, 2021

We are continuing to work diligently with our accounting team and independent auditors to complete all the filings we need to become current with our financial reporting and SEC filing requirements.

Key Points: 
  • We are continuing to work diligently with our accounting team and independent auditors to complete all the filings we need to become current with our financial reporting and SEC filing requirements.
  • The challenge we faced delivering our financial statements in a timely manner was due to a revenue recognition issue related to our green coffee distribution business with a related party.
  • To that end, we intend to ramp up our efforts to strengthen internal controls and financial reporting to expedite the relisting process.
  • This impacted the timely financial filings of the of the Company's financial statements.

Bubblr Engages PubCo Reporting Solutions to Elevate Reporting Status on Path to Uplisting

Retrieved on: 
Monday, March 8, 2021

PubCo partners with management teams offering internal control assessment and implementation services as well as assisting them with complex financial reporting requirements.

Key Points: 
  • PubCo partners with management teams offering internal control assessment and implementation services as well as assisting them with complex financial reporting requirements.
  • Pubco Reporting Solutions will assist us in the preparation of financial statements that we plan to have audited by a PCOAB auditor prior to reporting with the SEC.
  • PubCo Reporting has extensive experience in assisting public companies in realizing these important objectives, and we welcome them to the Bubblr team.
  • Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.

Genesys Appoints Kelly Battles as First Independent Member of Company Operating Committee

Retrieved on: 
Wednesday, February 3, 2021

Battles joins as its first independent member and chair of its audit committee.

Key Points: 
  • Battles joins as its first independent member and chair of its audit committee.
  • As the first independent member of the Genesys operating committee and chair of the audit committee, Battles will provide oversight for the company's financial reporting, audit and systems of internal controls.
  • "It's rare to find a company with the people, culture and market opportunity that Genesys has right now," said Kelly Battles, Genesys operating committee member and audit chair.
  • Genesys, the Genesys logo, Genesys Cloud and Experience as a Service are trademarks, service marks and/or registered trademarks of Genesys.

Paycor Receives SOC 2 Type 2 Attestation

Retrieved on: 
Thursday, January 28, 2021

CINCINNATI, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Human Capital Management (HCM) company Paycor announces today the company has successfully completed its SOC 2 Type II Service Organization Control (SOC 2) examination of its SaaS products in accordance with attestation standards established by the American Institute of Certified Public Accountants (AICPA).

Key Points: 
  • CINCINNATI, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Human Capital Management (HCM) company Paycor announces today the company has successfully completed its SOC 2 Type II Service Organization Control (SOC 2) examination of its SaaS products in accordance with attestation standards established by the American Institute of Certified Public Accountants (AICPA).
  • This attestation provides further evidence in Paycors commitment to deliver the highest level of service and standards to our customers by demonstrating the necessary internal controls and processes.
  • Conducted by Grant Thornton LLP , an independent leading global professional services firm, the AICPA SOC 2 attestation is considered to be the standard for assurance surrounding data security and operational maturity.
  • Achieving SOC 2 Type II attestation gives us an opportunity to provide uniform transparency to interested parties; a glimpse behind the curtain to review the defense-in-depth controls we have in place to protect their information.

LabArchives ELN Receives SOC 2 Type II AICPA Attestation

Retrieved on: 
Tuesday, January 26, 2021

SAN MARCOS, Calif., Jan. 26, 2021 /PRNewswire-PRWeb/ --LabArchives, provider of a suite of SaaS applications dedicated to better science, today announced completion of its SOC 2 Type II audit, performed by KirkpatrickPrice .

Key Points: 
  • SAN MARCOS, Calif., Jan. 26, 2021 /PRNewswire-PRWeb/ --LabArchives, provider of a suite of SaaS applications dedicated to better science, today announced completion of its SOC 2 Type II audit, performed by KirkpatrickPrice .
  • A SOC 2 audit provides an independent, third-party validation that a service organization's information security practices meet industry standards stipulated by the AICPA .
  • The SOC 2 report delivered by KirkpatrickPrice verifies the suitability of the design and operating effectiveness of LabArchives' controls to meet the standards for these criteria.
  • The report shows LabArchives has an established framework for internal controls that facilitates accountability and a commitment to security.

New ModelOp Center Capabilities Improve Governance, Management and Monitoring of Artificial Intelligence and Machine Learning Models

Retrieved on: 
Tuesday, January 12, 2021

According to Gartner , more than 50 percent of AI models never go into production fully due to insufficient model operational processes.

Key Points: 
  • According to Gartner , more than 50 percent of AI models never go into production fully due to insufficient model operational processes.
  • ModelOp Center addresses this challenge by automating the governance, management and monitoring of post-development AI/ML models across platforms and teams, accelerating time to production, and reducing costs and business risks.
  • Associated models, which enables organizations to associate custom monitors, controls or pre/post-processing in a consistent way across groups of models.
  • ModelOp Center provides extensive and stringent governance of operational models, maintaining a production model inventory and enforcing regulatory, compliance and business controls.

AMCS is the first software company in the waste management and recycling sector to obtain SOC 1 Type II accreditation

Retrieved on: 
Tuesday, January 12, 2021

SOC 1 Type II report is an internationally recognized standard that examines internal business controls.

Key Points: 
  • SOC 1 Type II report is an internationally recognized standard that examines internal business controls.
  • The audit is focused on controls which are intended to meet the needs of the management and auditors of AMCS' customers.
  • The report, independently audited by a significant global accountancy network, validates the suitability of the design and operating effectiveness of AMCS' controls.
  • AMCS is a leader in our industry and we are proud to be the first software company in our sector to obtain the SOC I Type II accreditation.

Two Day Online Conference: SOX and Internal Controls Update 20 - July 14th-15th, 2021 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 12, 2021

The "SOX and Internal Controls Update 20" conference has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "SOX and Internal Controls Update 20" conference has been added to ResearchAndMarkets.com's offering.
  • SOX and Internal Control best practices continue to evolve.
  • Led by national accounting firm technical experts and complemented by industry panelists, the program includes a combination of lectures and interactive discussions for a deeper understanding of the topics.
  • This event will run 8:45-4:40pm (EDT) each day.

LKCS Renews Annual SOC 2 Security and Confidentiality Certification

Retrieved on: 
Wednesday, January 6, 2021

At the conclusion of the examination, a formal report including the auditor's opinion is issued to the examined organization.

Key Points: 
  • At the conclusion of the examination, a formal report including the auditor's opinion is issued to the examined organization.
  • The successful completion of this comprehensive audit demonstrates LKCS' commitment to implementing processes and controls for delivery of high-quality services to its customers.
  • According to Sid Haas, Vice President of Business Development, "LKCS focuses extensively on ensuring the absolute safety and security of our clients' confidential data.
  • The SOC 2 report includes the AICPA's predefined criteria for industry best practices regarding policies, procedures, and processes related to security, availability, and confidentiality for demonstrating a strong system of internal controls.

DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Citigroup, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, December 26, 2020

Investors have until December 29, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until December 29, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • On February 25, 2017, the Company submitted its 2016 Annual Report to the SEC.
  • In that filing, and throughout the Class Period, Citi assured investors that there were no significant deficiencies or material weaknesses in the Companys internal controls.
  • In particular, Citi assured investors that it satisfied all regulatory requirements and maintained adequate internal controls, data governance, compliance risk management, and enterprise risk management.