Doug Wilkinson and Christopher O Connor

On Friday, March 10, it can only be imagined that countless managers and CIOs of Canadian public companies breathed a sigh of relief. That day the Canadian Securities Administrators (CSA) announced its intention to propose an alternative approach to reporting on internal control over financial reporting.n

Proposed changes to reporting on internal control may have a significant impact on the CIO. To ensure the CEO, CFO and board can complete their sign-offs, CIOs will need to work with management to implement a robust certification process. This article provides an outline of how to go about doing it.