Item 9A. CONTROLS AND PROCEDURES
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Item 9A. CONTROLS AND PROCEDURES
CONTROLS AND PROCEDURES
Disclosure Controls and Procedures.
As
required
by
Rule
13a-15(b)
of
the
Securities
Exchange
Act
of
1934
(the
“Exchange
Act”), our
management,
including our Chief Executive Officer
and Chief Financial Officer,
has evaluated the effectiveness
of our disclosure
controls
and procedures
(as defined
in Rule
13a-15(e) under
the Exchange
Act).
Based on
that evaluation,
the
Chief
Executive
Officer
and
Chief
Financial
Officer
have
concluded
that
our disclosure
controls
and procedures
were effective as of the
end of the period covered by this annual report.
Management’s Report
on Internal Control Over Financial Reporting.
Our
management
is
responsible
for
establishing
and
maintaining
adequate
internal
controls
over
financial
reporting.
Our
internal
control
over
financial
reporting
is designed
to
provide
reasonable
assurance
regarding
the
reliability
of
financial
reporting
and
the
preparation
of
our
financial
statements
for
external
purposes
in
accordance with generally accepted
accounting principles.
Because
of
its
inherent
limitations,
internal
control
over
financial
reporting
may
not
prevent
or
detect
misstatements.
Also, projections
of any evaluation
of effectiveness
to future periods
are subject to
the risk that
controls
may
become inadequate
because
of changes
in conditions,
or that
the degree
of compliance
with the
policies or procedures may deteriorate.
Management has
assessed the
effectiveness
of our
internal control
over financial
reporting as
of December
31,
In making this assessment, we used the
criteria set forth by the Committee
of Sponsoring Organizations
of
the Treadway
Commission (COSO)
in
Internal Control
– Integrated
Framework (2013)
.
Based on
our assessment
we concluded
that, as
of December
31, 2022,
our internal
control
over financial
reporting is
effective
based on
those criteria.
The effectiveness
of the
Company’s
internal control
over financial
reporting as
of December
31, 2022,
has been
audited
by
PricewaterhouseCoopers
LLP,
an
independent
registered
public
accounting
firm,
as
stated
in
their
report, which appears herein.
Changes in Internal Control over
Financial Reporting.
As required
by Rule
13a-15(d) of
the Exchange
Act, our
management, including
our Chief
Executive
Officer and
Chief
Financial
Officer,
has
evaluated
our
internal
control
over
financial
reporting
to
determine
whether
any
changes occurred during
the fourth
fiscal quarter covered
by this annual
report that have
materially affected,
or
are reasonably
likely to
materially affect,
our internal control
over financial reporting.
Based on that
evaluation,
there has been no such change during the fourth
quarter.
ITEM 9B.
OTHER INFORMATION
None.
ITEM 9C.
DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT
PREVENT INSPECTIONS
None.
PART III
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