THE ASSESSMENT OF COMPANY-LEVEL CONTROLS is a critical part of complying with section 404 of Sarbanes-Oxley. The PCAOB says public companies must assess the design and operating effectiveness of these ...

The crux of the SEC’s interpretive guidance for management is a top-down, risk-based approach that puts risk first and foremost. Four key areas of opportunity can be used to reduce an organization’s ...

Far too often, companies incur unnecessary costs associated with implementing, operating and assessing internal controls, due to too great an emphasis on using canned internal control checklists and ...

Geared to young and seasoned professionals alike, “Beyond back-to-basics: Process principles and concepts” is a series of articles designed to present a straightforward approach to mastering the ...

In an August 25 statement, SEC Chief Accountant Paul Munter reminded issuers of the importance of comprehensive risk assessments to decisions regarding financial reporting and the effectiveness of ...

These networks aren’t well known by many, yet they’re responsible for controlling much in our lives. And they’re not very secure. What are the most powerful networks in the world? Those that run the ...

Just over a decade ago, an article titled, "Advanced Control Strategies Move into the Field" (Control, October 2008), highlighted three evolving trends in the process control world that would "make ...

In this Statement, The Importance of a Comprehensive Risk Assessment by Auditors and Management, SEC Chief Accountant Paul Munter cautions auditors and company managements against conducting risk ...

Data make up a crucial element in Bioprocessing 4.0. Biomanufacturers must efficiently collect, manage, and analyze this information. Compatibility between devices, data sources, and software packages ...

In this article, as in industry, advanced process control (APC) refers primarily to multi-variable control. Multivariable control means adjusting multiple single-loop controllers in unison, to meet ...