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ICFR in Business & Finance Meaning

The ICFR meaning in Business & Finance terms is "Internal Control Over Financial Reporting". There are 1 related meanings of the ICFR Business & Finance abbreviation.

ICFR on Business & Finance Full Forms

  1. Internal Control Over Financial Reporting Internal control over financial reporting (ICFR) has been a business buzzword since Congress passed the Sarbanes-Oxley Act (SOX) in 2002, which requires companies to implement and monitor stringent internal controls. SOX impacts both small and large businesses. Small private companies are responsible for assessing the company's internal controls at least annually.

Frequently Asked Questions (FAQ)

  1. What does ICFR stand for Business & Finance?

    ICFR stands for Internal Control Over Financial Reporting in Business & Finance terms.

  2. What is the shortened form of Internal Control Over Financial Reporting in Business & Finance?

    The short form of "Internal Control Over Financial Reporting" is ICFR for Business & Finance.

Citation

ICFR in Business & Finance. Acronym24.com. (2021, March 17). Retrieved February 11, 2025 from https://acronym24.com/icfr-meaning-in-business-finance/

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