●  ONEOK INC /NEW/ · FY 2021 

Controls & Procedures

Financial system stability is a foundational indicator of corporate integrity and compliance. ONEOK INC reported that its internal controls over financial reporting were effective as of December 31, 2021, affirming the robustness of its operational framework. Crucially, management noted no material weaknesses or significant deficiencies in these systems during the reporting period.

OKE L1 Synthesis
●  SYMBOLOGY.ONLINE l1 SYNTHESIS 

Oneok Inc /new Controls & Procedures Synthesis

Internal Controls and Procedures Assessment Report

Overall Assessment

Based on the provided disclosure, ONEOK INC. reports a strong control environment for the period ending December 31, 2021. Management concluded that both its disclosure controls and internal controls over financial reporting were effective. The company reported no material changes or weaknesses during this reporting period.

Management Conclusions on Control Effectiveness

Disclosure Controls and Procedures (DCP)

Management affirmed the effectiveness of the DCP as of the end of the reporting period. This conclusion was reached following an evaluation of the controls required by Rules 13a-15(b) and 15d-15(b) of the Exchange Act, signed off by both the Chief Executive Officer (Principal Executive Officer) and the Chief Financial Officer (Principal Financial Officer).

Internal Control Over Financial Reporting (ICFR)

Management concluded that its ICFR was effective as of December 31, 2021. This evaluation utilized the framework established in the Internal Control-Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission. The effectiveness finding was independently audited by PricewaterhouseCoopers LLP.

Identified Weaknesses and Changes

Material Weaknesses or Significant Deficiencies

The provided text does not identify any material weaknesses or significant deficiencies in the company's internal controls over financial reporting during this period. This absence of identified issues represents a key strength in the control environment.

Changes to Internal Controls Over Financial Reporting (ICFR)

There were no changes reported in the ICFR during the quarter ended December 31, 2021, that were deemed likely to materially affect or had materially affected the internal controls. This indicates stability and consistency in the company's control framework over time.

Noteworthy Procedures and Remediation Efforts

New Controls or Procedures Introduced

No noteworthy new controls or procedures were introduced during this reporting period as detailed in the provided document.

Remediation Efforts

Since management concluded that the ICFR was effective and reported no material weaknesses, there is no evidence of remediation efforts being required for control deficiencies in this filing.