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Baker Hughes10-Q: Internal control weakness

Implementing SAP Central Finance, modifying internal controls as part of a finance transformation.

What happened

The company is undergoing a major finance systems transformation, implementing SAP cFIN, which has already required modifications to financial processes and internal controls. This creates a need for solutions to ensure compliance and process efficiency during the transition.

Source

SEC EDGARJul 27, 2026

Quarterly report (Form 10-Q)

Baker Hughes 10-Q

Filing excerpt

There has been no change in our internal controls over financial reporting during the quarter ended June 30, 2026 that has materially affected, or is reasonably likely to materially affect, our internal controls over financial reporting, except the implementation of SAP Central Finance ("cFIN") as part of the Company's finance systems transformation program.

sec.gov/Archives/edgar/data/1701605/000170160526000023/bkr-20260630.htmRead the full source

Other signals in this filing (11)

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
06/30
Filed
Jul 27, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Details

CIK
1701605
Accession number
0001701605-26-000023
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Compliance monitoring needed
Signal category
Risk

Topics and mentions

Technologies

  • SAP Central Finance

Vendors

  • SAP

Extraction

Confidence
High
Relevance
100%
Sentiment
Negative
Detected
Jul 28, 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/9e1a171a-6563-41d2-a654-50e0b183d6c4 returns this record as JSON. POST /v1/companies/enrich returns every signal for bakerhughes.com.

{
  "signal_id": "9e1a171a-6563-41d2-a654-50e0b183d6c4",
  "signal_type": "sec-10q",
  "signal_subtype": "internalControlWeakness",
  "detected_at": "2026-07-28T07:04:16.296+00:00",
  "company": {
    "name": "Baker Hughes",
    "domain": "bakerhughes.com"
  },
  "data": {
    "detail": "The company is undergoing a major finance systems transformation, implementing SAP cFIN, which has already required modifications to financial processes and internal controls. This creates a need for solutions to ensure compliance and process efficiency during the transition.",
    "metrics": {
      "timeframe": "current_quarter"
    },
    "summary": "Implementing SAP Central Finance, modifying internal controls as part of a finance transformation.",
    "excerpts": "There has been no change in our internal controls over financial reporting during the quarter ended June 30, 2026 that has materially affected, or is reasonably likely to materially affect, our internal controls over financial reporting, except the implementation of SAP Central Finance (\"cFIN\") as part of the Company's finance systems transformation program.",
    "relevance": 1,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1701605/000170160526000023/bkr-20260630.htm",
    "filing_date": "2026-07-27",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "06/30",
    "sales_relevance": "Compliance monitoring needed",
    "signal_category": "risk",
    "vendors_mentioned": [
      "SAP"
    ],
    "technologies_mentioned": [
      "SAP Central Finance"
    ]
  }
}

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