When it comes to internal controls, much of the focus and discussion is typically around business process controls such as those within the revenue cycle and expenditures cycle. But information technology plays an equally important role because of the reliance upon systems and software applications. Read more »

There is a large body of literature, rules, and regulations regarding internal controls. This brief article does not delve into that detail. Instead, hopefully this synopsis will bridge internal control theory with some practical realities. Read more »

Newsletter Content
• Bill 198 C-SOX Update – IFRS Impact – Testing controls around IFRS transition
• CEO CFO Certification templates – updated for IFRS
• The Canadian Securities Administrators Staff Notice 52-327 – Certification Compliance Update Read more »

Newsletter Content

• Business Process Improvement
• Bill 198 C-SOX – SyncBASE CERTRACK
• IFRS – SyncBASE IFRSTRACK Read more »

International Financial Reporting Standards (IFRS) will replace Canadian generally accepted accounting principles (GAAP) for fiscal years beginning on or after January 1, 2011. Read more »

As Canadian companies transition to IFRS during 2011, CEOs and CFOs must continue to provide their control certifications throughout this period. Read more »