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Internal Controls Trump New Rules in List of Worries, KPMG Finds

Tammy Whitehouse | January 22, 2016

Even as implementation of a massive new accounting standard on revenue recognition lags, it is internal controls over financial reporting and data security that weigh heaviest on financial reporting executives, according to a recent poll by KPMG.

Of 400 financial executives who attended a recent KPMG symposium on accounting and financial reporting, only 29 percent said their companies had a clear plan for how they would implement the new ...

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