Company: CLPR
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001437749-25-003988
Chunk: 99

Company: Clipper Realty Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 9A
Chunk 99
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 report of our Independent Registered Public Accounting Firm, PKF O’Connor Davies LLP, regarding Management’s Report on Internal Control over Financial Reporting because the Company is non-accelerated filer, and rules of the Securities and Exchange Commission permit the Company to provide only Management’s Report in this Annual Report on Form 10-K.
 
Changes in Internal Control
 
There were no changes in our internal control over financial reporting identified in management’s evaluation pursuant to Rules 13a-15(d) or 15d-15(d) of the Exchange Act during the last quarter covered by this Annual Report on Form 10-K that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
 
Limitations on Effectiveness of Controls and Procedures 
 
In designing and evaluating the disclosure controls and procedures, management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives. In addition, the design of disclosure controls and procedures must reflect the fact that there are resource constraints and that management is required to apply judgment in evaluating the benefits of possible controls and procedures relative to their costs.