Compliance

  
Sarbanes Oxley Act/ Investor Confidence Rules

Two pieces of legislation, the Sarbanes Oxley Act in the United States and the Investor Confidence Rules in Canada, have defined the compliance requirements for internal controls over financial reporting. By now most business people are familiar with the frauds and other misdeeds in both countries which gave rise to these regulations.

Over the years the auditing profession has reduced its reliance on a detailed review of an issuer’s internal controls when providing an audit opinion on the reliability and accuracy of the financial statements. However, the new compliance standards in both countries require management of an issuer to attest to the efficacy of their control environment. Flowcharts, policies and procedures, identification of risks and testing of key controls by the issuer are required in order to provide the requisite assurance to regulators, investors, stock exchanges, analysts, rating agencies, audit committees, external auditors and other interested parties. Continue »
  

Compliance

We have been implementing the Investor Confidence Rules (alternatively known as National Instrument 52-109) for Canadian public companies since 2005.

Learn more »

Project Management

Outsourcing Information Technology audits and Enterprise Risk Management programs for public and private enterprises are the two most common demands for our project management services.

Learn more »

Accounting Standards

We have the expertise and experience to converge Generally Accepted Accounting Principles to either International Financial Reporting Standards or Private Enterprise GAAP for Canadian enterprises.

Learn more »

Extensible Business Reporting Language (XBRL)

Replacing SEDAR (System for Electronic Document Analysis and Retrieval) with XBRL for Canadian public companies is underway on a voluntary basis.

Learn more »