Company: BWAY
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001171843-25-002347
Chunk: 187

Company: Brainsway Ltd.
Filing Date: 2025-04-22
Form: 20-F
Item: Item 15
Chunk 187
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ITEM 15.   CONTROLS AND PROCEDURES
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(a)   Disclosure Controls and Procedures
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We performed an evaluation of the effectiveness of our disclosure controls and procedures that are designed to ensure that information required to be disclosed on Form 20-F and filed with the SEC is recorded, processed, summarized, and reported timely within the time period specified in the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act, is accumulated and communicated to our management, including our principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. There can be no assurance that our disclosure controls and procedures will detect or uncover all failures of persons within the company to disclose information otherwise required to be set forth in our reports. Nevertheless, our disclosure controls and procedures are designed to provide reasonable assurance of achieving the desired control objectives. Based on our evaluation, our management, including our Chief Executive Officer and Chief Financial Officer, have concluded that our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Exchange Act) as of the end of the period covered by this report are effective at such reasonable assurance level.
 

(b)   Management’s Annual Report on Internal Control over Financial Reporting
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Our management, under the supervision of our Chief Executive Officer and Chief Financial Officer, is responsible for establishing and maintaining adequate internal control over our financial reporting, as defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act. The Company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. Internal control over financial reporting includes policies and procedures that:
 

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●   pertain to the maintenance of records that in reasonable detail accurately and fairly
                       reflect our transactions and asset dispositions;                  
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●          provide reasonable assurance that transactions are recorded as necessary to permit the       
    preparation of our financial statements in accordance with generally accepted accounting principles;
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●   provide reasonable assurance that receipts and expenditures are made only in accordance
       with authorizations of our management and board of directors (as appropriate); and  
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●          provide reasonable assurance regarding the prevention or timely detection of unauthorized