As organizations revisit their priorities, compliance with NI 52-109 and for some, SOX, are areas that cannot be ignored.
Over the past few weeks we have seen an unprecedented level of disruption to our normal lives and day-to-day processes as result of COVID-19 (commonly referred to as the coronavirus). With remote work, workforce disruptions, and a diverted focus to customer and employee safety, commercial viability, and the possibility of a global recession–there are numerous opportunities for internal controls to be shortcut or circumvented.
As organizations revisit their priorities, compliance with Canadian National Instrument 52-109, Certification of Disclosure in Issuers' Annual and Interim Filings and, for some, Sarbanes-Oxley 404 (SOX) and an appropriate internal control environment are not areas that can be deferred or ignored.
© 2020 KPMG LLP, an Ontario limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.