Financial reporting, including related internal control: Oversight for audit committees

Oversight of financial reporting is an essential responsibility of audit committees. With the amount of disclosure and filing requirements that organizations must adhere to in Canada, especially for publicly traded companies, it is an important touchstone for corporate sustainability.

In this course, you will learn about the role that audit committees serve in overseeing the financial reporting process and related internal control. This includes key knowledge and skills (from an audit committee member’s perspective) about:

• Canadian public company continuous disclosure requirements
• the COSO Internal Control – Integrated Framework
• non-GAAP measures
• environmental, social and governance (ESG) reporting
• financial reporting process of not-for-profit organizations
• other considerations, like how data analytics can be utilized in the financial reporting process

Make sure you’re equipped to take on compliance and protect the best interests of your organization.

Note: This course is part of the Audit Committee Certificate. It can be taken independently or as a part of the full program. Course content is now available!

• the fundamentals of financial reporting and how to ask probing questions
• the oversight of internal control and the alignment with the COSO Internal Control – Integrated Framework
• how to critically evaluate non-GAAP disclosures used in disclosure documents
• how to critically evaluate ESG reporting
• future trends in the financial reporting process, including not-for-profits

• CPAs who are part of or looking to serve with an audit committee
• chief executive officers
• legal advisors
• risk officers
• audit firm partners
• other professionals who work closely with audit committees