https://padlet.com/anna_poole3/wu0rbvjb9dqs401m en-us 2023-05-03 07:50:14 UTC 2023-05-03 09:55:44 UTC hello@padlet.com https://padlet.com/anna_poole3/wu0rbvjb9dqs401m/wish/2576460073 Financial performance risk
1. Economic environment, including housing demand and mortgage availability. (High inflation, lower disposible income of the consumers, Brexit, Impact of war, rasing price of fuel leading to increase in overall operational costs)
2. Availability of finance and working capital
Operational Risk
1. Significant nationwide unexpected event affecting multiple locations. (Labour strikes, impact of war, Post-covid impacts)
2. Availability of raw materials, sub-contractors and suppliers
3. Construction
4. Attracting and retaining high-calibre employees
5.
Compliance and Internal Control Risk
1. Government regulation and planning policy
2. Legacy properties
Environment and Market Risk
1. Climate change 


  

]]> 2023-05-03 08:53:09 UTC https://padlet.com/anna_poole3/wu0rbvjb9dqs401m/wish/2576460073 https://padlet.com/anna_poole3/wu0rbvjb9dqs401m/wish/2576494947 C.2 states that the board should maintain sound system of internal control to safeguard shareholders' investment and company's assets' ]]> 2023-05-03 09:26:14 UTC https://padlet.com/anna_poole3/wu0rbvjb9dqs401m/wish/2576494947 https://padlet.com/anna_poole3/wu0rbvjb9dqs401m/wish/2576501904 According to Provision C.2.2 the board should carry out the assessment of principal risk and should describe and explain how they are managed or mitigated]]> 2023-05-03 09:33:12 UTC https://padlet.com/anna_poole3/wu0rbvjb9dqs401m/wish/2576501904 https://padlet.com/anna_poole3/wu0rbvjb9dqs401m/wish/2576518098 according to the uk code, the boards main role and responsibility includes;
1. Monitoring the integrity of financial statements.
2. giving formal announcement relating to financial performance. ]]> 2023-05-03 09:49:58 UTC https://padlet.com/anna_poole3/wu0rbvjb9dqs401m/wish/2576518098 https://padlet.com/anna_poole3/wu0rbvjb9dqs401m/wish/2576518408 (a) Rules Required. The Commission shall prescribe rules requiring each annual report required by section 13(a) or 15(d) of the Securities Exchange Act of 1934 to contain an internal control report, which shall--
   (1) state the responsibility of management for establishing and maintaining an adequate internal control structure and procedures for financial reporting; and
   (2) contain an assessment, as of the end of the most recent fiscal year of the issuer, of the effectiveness of the internal control structure and procedures of the issuer for financial reporting.]]> 2023-05-03 09:50:18 UTC https://padlet.com/anna_poole3/wu0rbvjb9dqs401m/wish/2576518408 https://padlet.com/anna_poole3/wu0rbvjb9dqs401m/wish/2576521322 (b) Internal Control Evaluation and Reporting. With respect to the internal control assessment required by subsection (a), each registered public accounting firm that prepares or issues the audit report for the issuer shall attest to, and report on, the assessment made by the management of the issuer. An attestation made under this subsection shall be made in accordance with standards for attestation engagements issued or adopted by the Board. Any such attestation shall not be the subject of a separate engagement.]]> 2023-05-03 09:53:21 UTC https://padlet.com/anna_poole3/wu0rbvjb9dqs401m/wish/2576521322