corporate governance, boards, directors, Sarbanes, SOX, Canada Sarbanes Oxley, certification, internal controls, ICFR, auditors, CEO, CFO, Bill 198

The Canadian response to the Sarbanes-Oxley Act (SOX) has been introduced in a piecemeal fashion over the past several years. It consists of various pronouncements issued by Canada’s 13 provincial securities regulators, and the requirements are still evolving. The most recent is the CSA notice issued in March 2006, which proposed some significant changes dealing with reporting on internal control over financial reporting. But savvy directors know that meeting the minimum requirements is not enough. To truly reap the rewards of their compliance investment, they must move beyond mere compliance to focus on competitiveness and creating shareholder value.

An overview of the corporate governance landscape in Canada

Governance regulations are wide-ranging and ever-evolving, making it a challenge for companies, their executives and boards of directors to stay up to date. Here’s an overview of the four phases of certification for Canadian reporting issuers.

Why go beyond compliance
Is your company deriving the maximum benefits for your compliance efforts? In this podcast, Jim Goodfellow discusses the upside to moving beyond compliance.

Executive compensation disclosure
Heightened regulatory requirements have led to new guidelines for disclosing executive pay packages. Get up-to-date and understand the "bigger picture."

How does compliance affect you?
Compliance affects all reporting issuers, corporate directors and audit committees, CEOs and CFOs, venture issuers, and capital markets overall.

CSA release: Certification proposals
Read up on the CSA's Proposed National Instrument 52-109, Certification of Disclosure in Issuers' Annual and Interim Filings.

Recently issued standards
Staying abreast of numerous standards is challenging for companies. Consult our single source of reference for current and future standards.

Deloitte's perspective on CSA 52-313
The CSA's Notice 52-313 represents a significant change regarding reporting on internal control over financial reporting (ICFR). Discover the implications.

Audit committees

Resources for audit committees
• Audit Committee Effectiveness: How Does Your Committee Measure Up?
• Annual certificate for CEOs and CFOs
• CEO/CFO Certification News
• Corporate Governance

The Directors' Series
The series, geared toward directors, audit committee members and executives, will resume in September 2007. Stay tuned for updates or listen to past sessions.


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