2 unchanged sentences
Our management, including our President and Chief Executive Officer (principal executive officer) and our Chief Financial Officer (principal financial and accounting officer), do not expect that our disclosure controls or our internal control over financial reporting will prevent all error and all fraud.
−Removed: Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, have been detected.
+Added: Due to the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, have been detected.
These inherent limitations include the realities that judgments in decision-making can be faulty and that breakdowns can occur because of simple error or mistake.
7 unchanged sentences
Changes in Internal Control
−Removed: There were no changes in our internal control over financial reporting identified in connection with the evaluation described above that occurred during the quarter ended September 30, 2021 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
+Added: During the quarter ended March 31, 2022, we launched a new enterprise resource planning system, or ERP, to support our financial reporting.
+Added: The implementation of the ERP resulted primarily in changes to reports, interfaces, and IT dependent controls.
+Added: Therefore, we have modified the design and documentation of internal control processes and procedures relating to the new systems to enhance existing internal controls.
+Added: The system changes were undertaken as an ongoing business initiative to improve and enhance our internal control over financial reporting.
+Added: Except as described in the previous paragraph, we identified no changes in our internal control over financial reporting identified in connection with the evaluation described above that occurred during the quarter ended March 31, 2022 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
PART II – OTHER INFORMATION
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.