Nearly a third of financial reporting executives in a new poll said internal control over financial reporting was their highest concern beyond their financial reporting responsibilities.
KPMG surveyed nearly 400 financial executives during the firm’s 25th Annual Accounting & Financial Reporting Symposium and 31 percent cited internal controls as their biggest concern. Approximately 26 percent of the respondents said they were most worried about data infiltration and IT security, a sharp contrast from a similar survey that KPMG conducted at last year’s symposium, when those concerns ranked at the bottom of the list.
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