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Changes in Internal Control Over Financial Reporting
−Removed: Although we do not believe it materially affected, or is reasonably likely to materially affect, our internal control over financial reporting, our evaluation of the effectiveness of internal control over financial reporting as of June 30, 2022 excluded EVERFI as permitted by the guidance issued by the Office of the Chief Accountant of the Securities and Exchange Commission (not to extend more than one year beyond the date of the acquisition or for more than one annual reporting period).
+Added: Although we do not believe it materially affected, or is reasonably likely to materially affect, our internal control over financial reporting, our evaluation of the effectiveness of internal control over financial reporting as of September 30, 2022 excluded EVERFI as permitted by the guidance issued by the Office of the Chief Accountant of the Securities and Exchange Commission (not to extend more than one year beyond the date of the acquisition or for more than one annual reporting period).
The acquisition of EVERFI was completed on December 31, 2021.
−Removed: As of and for the quarter ended June 30, 2022, EVERFI's assets represented approximately 3% of our consolidated total assets and its revenue represented approximately 10% of our consolidated total revenue.
+Added: As of and for the quarter ended September 30, 2022, EVERFI's assets represented approximately 4% of our consolidated total assets and its revenue represented approximately 10% of our consolidated total revenue.
We are working to integrate EVERFI into our overall internal control over financial reporting processes.
−Removed: No changes in internal control over financial reporting occurred during the most recent fiscal quarter ended June 30, 2022 with respect to our operations, which have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
−Removed: Second Quarter 2022 Form 10-Q
+Added: No changes in internal control over financial reporting occurred during the most recent fiscal quarter ended September 30, 2022 with respect to our operations, which have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
+Added: Third Quarter 2022 Form 10-Q
Blackbaud, Inc.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.