ICFR
In accounting, ICFR means internal control over financial reporting — the process designed to give reasonable assurance that the financial statements are reliable, which management of an SEC registrant must assess annually.
- Layer
- Lexicon
- Defined in
- Lexicon
- Nearby
- 4
Authority
This definition follows SEC Release 33-8238; Rule 13a-15(f).
Every citation in this system, with the text we read and the date we checked it, is in US GAAP and where these rules come from.
What it is not called
Each of these is a real word for a different thing. Using it here is what makes a product read as though it was built by someone who has not done the work.
- internal audit
Nearby in the catalog
No component names this concept outright. These are the ones in its part of the system, which is a weaker claim — but a component nothing links to is a component nobody finds.
8System & states
Family specAlso in Controls
Defined in Lexicon. This page is generated from that document, so the two cannot disagree.