The system of control over financial reporting, which is the subject of considerations contained in the monograph, is one of the signs of convergence of corporate governance standards involving the implementation of the control system over financial reporting, implemented at the beginning of the 21st century in the practice of companies in the United States into the practice of public companies in the European Union. The system covers two main areas of the company’s activity, i.e., management system and corporate governance, and its efficiency depends on the activities of individual company bodies which are involved in its functioning in various ways. The main objective of the monograph was to identify the scope of disclosures about the system of control over financial reporting presented in management board reports and corporate governance mechanisms affecting this scope in the practice of Polish and German public companies. The analysis was conducted among companies operating in an insider model of corporate governance. The research results presented in the monograph seem to be important for institutions responsible for constructing corporate governance standards (i.e., legal regulations and good practices). They can also be valuable for management boards of public companies responsible for establishing and maintaining the system of control over financial reporting. Finally, they may be important for members of supervisory boards and their committees who are responsible for monitoring the effectiveness of the control system over financial reporting.

This book is included in DOAB.