U.S. Securities and Exchange Commission and Walt Disney Company

In organizations where there seems to be an increasing focus on unethical behavior within public companies from senior managers, it is vital that organizations take in policies and processes to ensure that it is complying with the rules and regulations put in abode by the Securities and Exchange Commission. Walt Disney alliance is able to meet its inform requirements for the Security and Exchange Commission by using the following resources.The availability of technology, internal disclosure controls, internal controls over fiscal reporting, and independent accounting auditors who verify that these controls ar in arrange and working as intended. The s requires that Disney posts all Interactive Data Files. These files are inevitable to be submitted and posted pursuant to Rule 405 of Regulation S-T during the precedent 12 months. Viewing the Investor Relations tab of The Walt Disney Company corporate website shows that historic SEC filings are listed by category for a variety of required reports, including forms 10-K, 10-Q, 8-K, 11-K, S-8, 425, S-4, and proxy statements.Disney uses internal disclosure controls by their policy that all SEC filings be signed by a senior member of the management. These state are President, CFO, Managing VP and indispensable Counsel helps ensure that the filings are correct, comply with reporting requirements, and are communicated to the early(a) stakeholders in the management of Disney. These are Board of Directors and other Senior Members of the management team. In an era where CEOs and CFOs are continually organism called before US Congress to testify on the financial event within their firms, this policy adds a layer of accountability to senior management.Internal Controls over Financial Reporting. Company management explicitly acknowledges their accountability for be able to create accurate, reliable, sufficiently detailed, and timely external financial reports self-sufficient Accounting Auditors. Disney makes use of PricewaterhouseCoopers as an independent auditing firm to provide a third party analysis of their internal controls over financial reporting. In addition, PricewaterhouseCoopers own report to the Board of Directors and Shareholders of The Walt Disney Company is included in the annual Report and discusses the process by which Disneys internal controls over financial reporting are tested and audited to provide a reasonable direct of assurance that the controls are working and that external financial reports are macrocosm reported based on generally accepted accounting principles as required by U. S. Law. By following all of the procedures that Disney has put into place they can be positive that they are following the SEC rules and regulations.