12 unchanged sentences
We have implemented various changes and enhancements to improve our controls related to the material weakness.
−Removed: Nevertheless, after testing, our improved controls were not considered remediated at year end 2019, so further changes will need to be implemented.
−Removed: Management expects this material weakness to be remediated by the end of 2020.
−Removed: During the fourth quarter of fiscal year 2019, we identified another material weakness in internal controls over financial reporting related to our accounting and reporting of compressor "make-ready" jobs, as well as various other compressor maintenance jobs, that were inappropriately capitalized, resulting in immaterial increases to the Company’s cost of rentals and, to a much lesser extent, depreciation expense in prior periods.
+Added: Nevertheless, after testing, our improved controls were not considered remediated at year end 2019.
+Added: Management has implemented further changes this year and expects this material weakness to be remediated by the end of 2020.
+Added: During the fourth quarter of fiscal year 2019, we identified another material weakness in internal controls over financial reporting related to our accounting and reporting of compressor "make-ready" jobs, as well as various other compressor maintenance jobs, that were inappropriately capitalized, resulting in immaterial increases to the Company’s cost of
+Added: rentals and, to a much lesser extent, depreciation expense in prior periods.
These increases in operating costs and expenses were immaterial to all prior annual and interim periods, but would have been material to the fourth quarter of 2019 if these cumulative operating costs and expenses were taken as an out-of-period adjustment.
As detailed in the Company’s consolidated financial statements in its Annual Report on Form 10-K for the year ended December 31, 2019, the Company revised its prior period financial statements to reflect these additional operating costs and expenses.
+Added: As of the end of the third quarter of 2020, Management is continuing to implement changes in our internal controls to address these issues.
+Added: We expect this material weakness to be remediated by the end of 2020.
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.