Issues Central - Cybersecurity

Canadian National Instrument 52-109 and COSO 2013: Cyber Security Risk Management

Cathy Connally Corporate Governance, Financial Compliance, Uncategorized 0 Comments

When it comes to cyber security, look no further than COSO 2013 for guidance. For companies listed on North American Stock Exchanges, cyber security is becoming an ever more important risk factor to be managed.  National Instrument 52-109, Quarterly and Annual CEO/CFO Certifications certifying officers are “responsible for establishing and maintaining disclosure controls and procedures (DC&P) and internal control over …

COSO 2013 Principle 1 & VW: Basic Ethics and Business

Cathy Connally Blog, Corporate Governance, Financial Compliance 0 Comments

COSO The Internal Control – Integrated Framework (2013) Principle 1 states “The organization demonstrates a commitment to integrity and ethical values.” As part of this principle, there is a discussion of oversight to better understand  that “Performance goals that create incentives or pressures to compromise ethical behavior”.   Most people find what VW did to be really unbelievable, mainly because they had such a …

Ignorance is not Bliss with Foreign Corrupt Practices Act Compliance

Cathy Connally Blog, Corporate Governance, Emerging Markets, Financial Compliance 0 Comments

Discussion of Foreign Corrupt Practices Act & Ignorance from Sam Carr, Managing Partner of Carrtegra, LLC. “Thanks Sam for sharing this presentation and the blog entry.” You make some great points and I totally agree that we get what we tolerate in business. Standards for honesty should not be flexible. I found the feedback from the attorneys very interesting. I wonder if …

If Your Company is Listed on the Toronto Stock Exchange, this Webcast is a Must see!

Cathy Connally Blog, Corporate Governance, Financial Compliance 0 Comments

The New COSO 2013 Internal Control Framework and the Impact on NI 52-109 CEO/CFO Quarterly and Annual Financial Statement Certifications – What Boards and Senior Management Need To Know COSO 1992 has expired. COSO Internal Control – Integrated Framework (2013) is the New COSO Framework. Find out more details and what the exposure is for TSX Listed Companies filing quarterly …