Full Description

This powerpoint presentation presents the Louisville Water Approach to improving the reliability of financial reporting and itsfocus on objectives, risks,and controls, including the following:Risk Identification and Assessment;Risk Triggers;Pre-event and Post-event Controls; and,Control Effectiveness. Summary of the benefits of an effective program of internal control includes the following:reduces gap between intended and actual results;enhances ability to make representations aboututility performance to stakeholders;allows focus on issues of strategic importance;supports more favorable credit rating; and,enables lower cost of capital.

Product Details

Edition: Vol. - No. Published: 11/01/2008 Number of Pages: 15 File Size: 1 file , 790 KB