You can help expand this article with text translated from
the corresponding article in German. (October 2021) Click [show] for important translation instructions.
|
BilMoG | |
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Germany | |
| |
Enacted | 2010 |
Summary | |
Emphasizes that the supervisory board has to (1) guarantee the effectiveness internal control system of a firm, (2) check the internal audit function and (3) evaluate the risk management system |
The German Bilanzrechtsmodernisierungsgesetz (short: BilMoG) is a German accounting law reform act usually first applied in fiscal year 2010. [1] It emphasizes that the supervisory board has to (1) guarantee the effectiveness internal control system of a firm, (2) check the internal audit function and (3) evaluate the risk management system.
You can help expand this article with text translated from
the corresponding article in German. (October 2021) Click [show] for important translation instructions.
|
BilMoG | |
---|---|
Germany | |
| |
Enacted | 2010 |
Summary | |
Emphasizes that the supervisory board has to (1) guarantee the effectiveness internal control system of a firm, (2) check the internal audit function and (3) evaluate the risk management system |
The German Bilanzrechtsmodernisierungsgesetz (short: BilMoG) is a German accounting law reform act usually first applied in fiscal year 2010. [1] It emphasizes that the supervisory board has to (1) guarantee the effectiveness internal control system of a firm, (2) check the internal audit function and (3) evaluate the risk management system.