Evaluating the operational effectiveness of internal control over financial reporting

Learn how non-venture issuers can use the Canadian Securities Administrators’ (CSA) Companion Policy to National Instrument 52-109 to evaluate the effectiveness of internal control over financial reporting (ICFR) in their CEO and CFO certifications.

Get your downloadable electronic copy.

Download Now

When it comes to CEO and CFO certification, organizations that are non-venture issuers must include conclusions on the operating effectiveness of ICFR in their management discussion and analysis. This CPR Alert summarizes how the CSA’s Companion Policy to National Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings can help you better understand the design of ICFR, and how to evaluate its operational effectiveness.

You will learn about:

  • the objective of an ICFR evaluation
  • assessing and disclosing material weaknesses that impact ICFR
  • a range of tools to perform ICFR evaluation
  • timing and documentation considerations for the evaluation process
  • the role of the board in disclosing its evaluation of ICFR

Highlights

Our Firm Directory allows you to search for Canadian CPA firms using our interactive map as well as other criteria.

Jointly presented by CPA Canada and CPA Ontario, The ONE is the must-attend, multi-track event of the year, designed for all CPAs who want to be at the top of their game.