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 …