Planned enhancement of accounting processes and controls
Company: Cipher Mining
The claim, verbatim
Company will enhance processes to identify and apply accounting requirements, including providing enhanced access to accounting literature and increased communication with professional consultants
Source (primary)
Cipher Mining 10-K/A filed 2021-05-07 (SEC EDGAR, sec_filing)
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Quote: “we plan to enhance our processes to identify and appropriately apply applicable accounting requirements to better evaluate and understand the nuances of the complex accounting standards that apply to our financial statements. Our plans at this time include providing enhanced access to accounting literature, research materials and documents and increased communication among our personnel and third-party professionals with whom we consult regarding complex accounting applications”
How we checked this
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Additional evidence
confirms Cipher Mining 10-K/A filed 2021-05-07
Quote: “we plan to enhance our processes to identify and appropriately apply applicable accounting requirements to better evaluate and understand the nuances of the complex accounting standards that apply to our financial statements. Our plans at this time include providing enhanced access to accounting literature, research materials and documents and increased communication among our personnel and third-party professionals with whom we consult regarding complex accounting applications”