Course: Proposed Rule on Profits and Related Basis Adjustments based on this document from the Federal Register: https://www.govinfo.gov/content/pkg/FR-2024-12-02/pdf/2024-27227.pdf This document contains proposed regulations regarding previously taxed earnings and...
Farm Credit Administration Proposed Rule: Internal Control Over Financial Reporting
Discover the critical amendments proposed by the Farm Credit Administration (FCA) aimed at fortifying the safety and soundness of the Farm Credit System. This course offers an in-depth look at new requirements for annual attestation reports, enhancing internal control over financial reporting (ICFR). Learn how these changes will impact associations and banks within the System, ensuring rigorous financial accountability and transparency.
In this course you will learn the following:
* Understand the purpose and intent of the proposed rule.
* Recognize the criteria for associations required to obtain attestation reports.
* Appreciate the role of public participation in shaping the final rule.
Additional information
| Federal Register Title | Internal Control Over Financial Reporting. Document Number: 2024-27657 |
|---|---|
| Course SKU | FR-24-1039-1 |
| Why This Course Is Important | Without this course, you'll miss understanding key regulatory changes that could impact financial reporting and oversight in the agricultural finance sector, potentially leaving your organization unprepared for compliance requirements. |