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Asana10-Q: Internal control weakness

Asana is investing significant resources to strengthen internal controls and accounting systems.

What happened

The company is actively spending to improve internal controls over financial reporting, suggesting a pain point around the complexity or adequacy of current systems.

Source

SEC EDGARMay 28, 2026

Quarterly report (Form 10-Q)

Asana 10-Q

Filing excerpt

In order to maintain and improve the effectiveness of our disclosure controls and procedures and internal control over financial reporting, we have expended, and anticipate that we will continue to expend, significant resources, including accounting-related costs and investments to strengthen our accounting systems.

sec.gov/Archives/edgar/data/1477720/000147772026000039/asan-20260430.htmRead the full source

Other signals in this filing (8)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Internal control weakness

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
04/30
Filed
May 28, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Details

CIK
1477720
Accession number
0001477720-26-000039
Metric named
Investments to strengthen accounting systems
Timeframe
Current year
Filing year
2026
Fiscal year
0
Why it matters
Compliance monitoring needed
Signal category
Risk

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
Jun 2, 2026
signal_type
sec-10q
signal_subtype
internalControlWeakness

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/657ca9d7-b710-4c7f-9ffc-7f0f330ee5c2 returns this record as JSON. POST /v1/companies/enrich returns every signal for asana.com.

{
  "signal_id": "657ca9d7-b710-4c7f-9ffc-7f0f330ee5c2",
  "signal_type": "sec-10q",
  "signal_subtype": "internalControlWeakness",
  "detected_at": "2026-06-02T08:18:25.982+00:00",
  "company": {
    "name": "Asana",
    "domain": "asana.com"
  },
  "data": {
    "detail": "The company is actively spending to improve internal controls over financial reporting, suggesting a pain point around the complexity or adequacy of current systems. This creates opportunities for vendors of GRC (Governance, Risk, Compliance), accounting automation, and financial reporting software.",
    "metrics": {
      "timeframe": "current_year",
      "dollar_context": "Investments to strengthen accounting systems"
    },
    "summary": "Asana is investing significant resources to strengthen internal controls and accounting systems.",
    "excerpts": "In order to maintain and improve the effectiveness of our disclosure controls and procedures and internal control over financial reporting, we have expended, and anticipate that we will continue to expend, significant resources, including accounting-related costs and investments to strengthen our accounting systems.",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1477720/000147772026000039/asan-20260430.htm",
    "filing_date": "2026-05-28",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "04/30",
    "sales_relevance": "Compliance monitoring needed",
    "signal_category": "risk"
  }
}

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