Internal controls over financial reporting are intended to improve the efficiency and effectiveness of a...

60.1K

Verified Solution

Question

Accounting

Internal controls over financial reporting are intended to improve the efficiency and effectiveness of a companies operations ensure that firm managers do not receive executive excessive compensation for services performed ensure that a company pays the correct amount of taxes to the IRS prevent miss statement of the companies financial statements

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students