RE:RE:Sent an email to the companyMany co.s having delays this year. It may have something to do with new rules that require auditors to do an audit of the co's fins as well as an audit of the co's ICFR. I think a lot of these smaller co's have inadequate ICFR and must update their systems before the auditor will sign off.
ICFR stands for Internal Control over Financial Reporting. It's a set of policies and procedures that companies use to ensure the accuracy and reliability of their financial statements. ICFR is an important part of a company's financial health and integrity.