According to a review of internal control disclosures made during the month April 2005, 58 companies disclosed material weaknesses in their internal control over financial reporting. As usual, we're making the complete list—including excerpts and the original filings—available to subscribers in the box at right.
The number of weakness disclosures was down significantly from the 116 that were made in March 2005; however, the decease was largely due to the high volume of companies filing their annual reports in March.
For year-over-year comparison, only 39 companies made similar disclosures in April 2004, which was of course prior to the effective date of ...