Internal Control Structure to Ensure Reliable Financial Reporting
First written in FY2018. 1 of 2 entries say "Restated". Latest entry: FY2019.
46 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「To ensure the reliability of financial reporting, the Bank has established a management framework for developing and operating internal controls and evaluating their effectiveness. Based on the Internal Control Regulations for Financial Reporting and other rules approved by the Board of Directors, it has designated the Internal Control Coordination Department (Corporate Planning Department) as the department responsible for establishing a system in which internal controls over financial reporting function effectively; the Internal Control Implementation Departments (the Bank's departments and offices and its consolidated subsidiaries) as the departments responsible for overseeing procedures and conducting control activities for each business operation; and the Internal Control Evaluation Department (Audit Department) as the department responsible for evaluating the effectiveness of the development and operation of internal controls.」
The Bank continues to disclose the departments responsible for coordinating, implementing and evaluating the effectiveness of internal controls over financial reporting, as well as the related management framework. - FY2018First statedAnnual report
「To ensure the reliability of financial reporting, the Bank has established a management framework for developing and operating internal controls and evaluating their effectiveness. Based on the Internal Control Regulations for Financial Reporting and other rules approved by the Board of Directors, it has designated the Internal Control Coordination Department (Corporate Planning Department) as the department responsible for establishing a system in which internal controls over financial reporting function effectively; the Internal Control Implementation Departments (the Bank's departments and offices and its consolidated subsidiaries) as the departments responsible for overseeing procedures and conducting control activities for each business operation; and the Internal Control Evaluation Department (Audit Department) as the department responsible for evaluating the effectiveness of the development and operation of internal controls.」
The departments responsible for coordinating, implementing and evaluating the effectiveness of internal controls have been clearly defined, and a management framework for internal controls over financial reporting has been established.