These procedures should be reviewed at least annually to ensure that the procedures are current.
For those departments that do not have adequate staff to support proper separation of duties, compensating controls must be established to ensure procedures are followed.
The Cash receipts window (in the Advanced Accounting Console, go to Finance This field is displayed only if the associated card authorization account uses immediate authorization, or deferred authorization with the Save CSC Prior to Authorization checkbox selected (see Save CSC Prior to Authorization for more information).
Do not retain cardholder information is enabled, i MIS saves transactions without cardholder data and shows only gateway reference number and authorization code fields.
There is a nice publication from the IRS (Pub 1771): can't seem to find where the IRS insists on using the envelope postmark for recording donations.
Audits I have been through only as for copies of the checks (since the envelope with the postmark are rarely kept).
drowns lines between filing forms and applying principles.
Should I use my common sense here above rules and regulations...
And this is why defenses to backdating sometimes get hard for me to understand.
She's saying that shareholders will naively think that the options were really granted on January 2, leaving them suspicious of springloading.
It goes without saying that they also won't realize that, in reality, it's all being done a month later.
If someone presents you with a spreadsheet of the last month's stock prices and asks you to pick the date on which you want to pretend that you granted, or were granted, several million options, might that not at least spur further inquiry?
When then-general counsel Nancy Heinen emailed Apple (AAPL) CEO Steve Jobs such a spreadsheet on January 30, 2001, she noted that it was a bad idea to choose January 2 as the grant date--even though that was the day the stock had been at its lowest--if they wanted "to avoid any perception that the Board was acting in appropriately [sic] for insiders prior to Macworld announcements." (They ultimately chose one of the next-best dates from after Macworld.) Now isn't it obvious to everyone on that email that shareholders are being misled?