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Inside Internal Controls

News and discussion on implementing risk management

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2012

Season’s greetings and holiday break

The team at First Reference Inc. and Inside Internal Controls blog wishes everyone a very Happy Holiday Season and all the best for the New Year!

 

Privacy practices for developing mobile applications (apps)

mobile-apps

Privacy practices, and all things mobile, are both hot topics these days. This is in part because mobile devices and apps are fun, cool, provide value, and are on the rise. They are used by professionals of all types, and people of most any age, including our youth. This however feeds the assumption that technology in general, including mobile devices and apps, is threatening the privacy rights of individuals.

 

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The holiday party – Beware of the embarrassing photograph!

When it comes to holiday parties, it is not unusual for people to let their guard down. Before you know it, there is a video or photograph on YouTube or the social networks of someone at a party dressed in a reindeer costume, mooning the camera, while trying to juggle a shot glass of tequila on their red nose.

 

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Hiring foreign workers – Know the risks

A Canadian mining company is at the centre of a foreign worker hiring case, with both sides in a heated debate over whether or not any attempts were made to hire Canadian workers prior to employing over 200 foreign workers at the Murray River mine near Tumbler Ridge, British Columbia. HD Mining International Ltd. overseas manager Michael Xiao says the firm completed an exhaustive effort to recruit skillful Canadian workers.

 

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Taking matters into your own hands: dissolving before the government does it for you

Readers will know that the new Canada Not-for-Profit Corporations Act came into effect in 2011, bringing the regulation of not-for-profits into line with modern corporate legislation. This carries with it the onus to apply for continuance under the new Act by October 2014, or be dissolved.

 

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How to ensure you meet CRA requirements for charitable registration

The Canada Revenue Agency has published a succinct summary of the general requirements that an organization requires to qualify as a charity (charitable organization, private foundation, or public foundation). The seven general requirements are set out below:

 

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Protecting sensitive data against the insider threat with data masking

With an overabundance of information being stored or created in electronic format, and various tools for turning data (i.e., personally identifiable information, intellectual property, credit card) into cash, goods, and other services, the risks of doing business have increased. We are hearing more and more about attacks where the target is sensitive data, and the perpetrators are those with elevated levels of trust and access within the business.

 

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The Facebook bullying case Part 3 – Too late for Amanda Todd but not too late for us

cyber-bullying

A recent decision of the Supreme Court of Canada has sent a message to all victims of cyberbullying– the Canadian courts can help you!

 

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The control of the personal data ecosystem belongs to the individual

A recent release from the Information and Privacy Commissioner of Ontario on the Personal Data Ecosystem praises organizations taking initiatives to integrate the socio-economic benefits of personal information while maintaining privacy and confidentiality. The Commissioner, Dr. Cavoukian, also co-authored a paper with researchers from the United States and the United Kingdom that delineates the systems […]

 

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Implicit bias in the workplace studies: The HR implications

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We like to think we are all fair and objective. However, implicit bias is apparent in everyone, regardless of if you accept it or not. An Implicit Association Test by Project Implicit at Harvard University reminds us that while people don’t often speak their minds, we might actually not even know our minds. Are we purposely hiding something from others, or are we implicitly hiding something from ourselves? When it comes to strategic recruitment, implicit bias plays a big role.

 

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COBIT evolves as technology does

CobiT 5 was released in 2012. It takes a higher-level governance approach, focusing on stakeholders and their needs. It incorporates the internal control focus of earlier versions of CobiT but goes beyond them.

 

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Private member’s Bill proposes an extension for the use of tax receipts

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Most Canadians are aware of the effect that RRSP contributions have on their taxes, and are aware of the deadline for making contributions each year. This is mostly due to the educational efforts of the banks and others that ‘sell’ RRSPs make each year – as the March 1st (or February 29th as the case may be) deadline approaches. The run for RRSPs each year illustrate that when Canadians understand the incentive system they are quite prepared to alter their behaviour to take advantage of it.

 

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How well is your IT department positioned for the future?

Ideally your IT processes are effective and efficient, and the department itself is viewed favourably by its customers, employees, and management. If at all possible, your IT department is positioned well enough to meet future needs and you have a good grasp on what you are doing to develop opportunities to answer present and future challenges.

 

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Providing tax-free shares to forgo employment rights

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Interesting employment law developments are happening in the UK. Beginning in April 2013, British employees will be offered a new option in employment contracts, where they may own shares in the company they work for and in exchange, will forgo certain workers’ rights.

 

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What do I need to know about Canada’s new anti-spam legislation?

Canada’s anti-spam legislation is expected to be declared in force in 2013. It will regulate most forms of commercial electronic messages sent to Canadians, including email, text messages and messages sent through social media. Under the anti-spam legislation, either express or implied consent is required before sending commercial electronic messages. In addition, the message must comply with prescribed information disclosures, and a mechanism to unsubscribe must be provided.

 

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