Records Management and Retention
January 8, 2020 Apolone Gentles, JD, CPA,CGA, FCCA, Bsc (Hons) Accounting Systems and Controls, Business and Legal Issues, Corporate Administration and Legal Matters, Corporate Governance, Finance and Accounting, Fraud and Corruption, Leadership and Management, Records Management and Retention,
Organizations at risk of anti-bribery and anti-corruption (ABAC) violations should implement risk-based ABAC compliance programs.
ABAC, accounting, anti-bribery, anti-corruption, books and records, bribery, Bribery Act 2010, continuous improvement, corruption, Corruption of Foreign Public Officials Act (CFPOA), Foreign Corrupt Practices Act (FCPA), Internal Controls
December 24, 2019 Yosie Saint-Cyr, LL.B., Managing Editor Accounts payable and receivable, Budgeting and Auditing, Business and Legal Issues, Finance and Accounting, IT, Privacy and Security, Leadership and Management, Records Management and Retention, Sales, Marketing and Operations,
This year on the Inside Internal Controls blog, we’ve been covering some of the hot topics in internal controls, governance, information technology, not-for-profit and business management, among others. The top 10 most-read Inside Internal Controls posts for 2019 include
top 10
November 12, 2019 Occasional Contributors Accounting Systems and Controls, Accounts payable and receivable, Board of Directors, Process and Responsibilities, Budgeting and Auditing, Business and Legal Issues, Charities, Corporate Administration, Corporate Administration and Legal Matters, Finance and Accounting, Financial Compliance / Planning / Management, Financial Management, Not for Profit, Records Management and Retention, Sales, Marketing and Operations,
A recent Tax Court of Canada (“TCC”) decision, Promised Land Ministries v. The Queen[1], serves as a reminder to charities of the importance of maintaining proper books and records.
books and records, failing to maintain complete and accurate receipts, financial statements, good governance, internal audits, qualified donee status, record keeping requirements, tax receipting privileges
November 5, 2019 Occasional Contributors Accounting Systems and Controls, Business and Legal Issues, Corporate Administration, Corporate Governance, Finance and Accounting, Financial Compliance / Planning / Management, Leadership and Management, Records Management and Retention,
Beginning on a date to be announced, privately-held B.C. Business Corporations Act (“BCA”) companies will be required to maintain a “transparency register” of “significant individuals”, being individuals who:
BC transparency register, Business Corporations Act, Canada Business Corporations Act, Code of ethics, individuals with significant control ISCs, ISC register, transparency
September 27, 2019 McCarthy Tétrault LLP Accounting Systems and Controls, Business and Legal Issues, Corporate Governance, Cyberlaw, Internet Law, E-Commerce, Finance and Accounting, Financial Compliance / Planning / Management, Fraud and Corruption, IT, Privacy and Security, Network, Systems and Data Security, Privacy Compliance and Management, Records Management and Retention,
FATF issues guidance on virtual assets
Anti-money laundering, FATF, Financial Action Task Forc, Internal Controls, virtual assests, virtual currency
September 13, 2019 McCarthy Tétrault LLP Accounting Systems and Controls, Business and Legal Issues, Finance and Accounting, Fraud and Corruption, IT, Privacy and Security, Network, Systems and Data Security, Privacy Compliance and Management, Records Management and Retention,
On July 10, 2019, final amending regulations were issued amending each of the existing regulations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act.
cross-border currency transfers, electronic funds transfers, foreign money services businesses, money laundering, prepaid cards, Proceeds of Crime (Money Laundering) and Terrorist Financing Act, virtual currency
August 28, 2019 Fred Stewart, Copywriter and researcher Accounting Systems and Controls, Accounts payable and receivable, Budgeting and Auditing, Corporate Administration, Corporate Governance, Finance and Accounting, Financial Compliance / Planning / Management, Records Management and Retention, Uncategorized,
The importance of finance and accounting controls goes far beyond complying with legal requirements. In fact, revenue cycle controls are perhaps the most important component of an organization’s overall internal control framework! Not only are revenue cycle controls an organization’s strongest defense against fraud and loss, they help ensure that decisions are made based on […]
August 14, 2019 Drache Aptowitzer LLP Board of Directors, Process and Responsibilities, Business and Legal Issues, Corporate Administration and Legal Matters, Corporate Governance, Not for Profit, Records Management and Retention,
As lawyers, we are often contacted when a dispute arises amongst members of an association. Inevitably, the dispute will devolve into a review of the legality of the actions of one or both sides
board of directors, books and records, corporate memory, corporations, dispute, education of directors, maintaining Corporation, member disputes, not–for–profit
June 26, 2019 Yosie Saint-Cyr, LL.B., Managing Editor Accounting Systems and Controls, Business and Legal Issues, Corporate Administration, Corporate Governance, E-Commerce, Finance and Accounting, Fraud and Corruption, Government Budget, Throne Speech and Plans, Insurance, Payroll and Personnel Management, Records Management and Retention, Sales, Marketing and Operations
Effective June 8, 2019, the Ontario government launched the Financial Services Regulatory Authority of Ontario (FSRA), which is a new independent and self-funded regulator of financial services and pensions that is intended to help reduce regulatory burden, among other things.
Deposit Insurance Corporation of Ontario, Financial Services Commission of Ontario, Financial Services Regulatory Authority of Ontario, self-funded regulator of financial services and pensions, Stronger Fairer Ontario Act (Budget Measures) 2017
June 11, 2019 Occasional Contributors Business and Legal Issues, Corporate Administration, Environmental Issues, Finance and Accounting, Government Budget, Throne Speech and Plans, Insurance, Leadership and Management, Records Management and Retention, Sales, Marketing and Operations
The new Environmental Emergency Regulations apply to a responsible person that owns or has the charge, management or control of any of the 249 listed hazardous substances located at any fixed land-based facility in Canada.
environmental emergency plan, Environmental Emergency Regulations, environmental matters, hazardous substances
January 16, 2019 Drache Aptowitzer LLP Accounting Systems and Controls, Business and Legal Issues, Corporate Administration, Finance and Accounting, Financial Compliance / Planning / Management, Records Management and Retention
One of the most common questions asked by the lay taxpayer is for how long they need to keep their tax records. And while there is a legislated answer for this, one wonders whether it is ever safe to destroy records.
digital records, record keeping, record keeping requirements, record retention, records
November 29, 2018 Ethics &Compliance Matters ™, Navex Global ® Business and Legal Issues, Corporate Administration, Corporate Governance, Finance and Accounting, Financial Compliance / Planning / Management, IT, Privacy and Security, Privacy Compliance and Management, Records Management and Retention
Experience has shown us time and again that, of all the elements contributing to effective investigations, investigators consistently dedicate insufficient time and effort in a few critical areas; four to be exact.
company policies, investigations, workplace investigations
November 7, 2018 Apolone Gentles, JD, CPA,CGA, FCCA, Bsc (Hons) Accounting Systems and Controls, Business and Legal Issues, Finance and Accounting, Fraud and Corruption, Payroll and Personnel Management, Records Management and Retention
Payroll reports, if properly designed, prepared, distributed and reviewed, assist with more than just cost control—they can help to significantly improve several internal controls. Very simply put, internal controls include the activities, processes, policies and procedures which an organization implements to ensure that it meets its objectives.
accommodation, accruals, Apolone Gentles, attendance management, fraud, Internal Controls, Payroll, payroll reports
October 1, 2018 Apolone Gentles, JD, CPA,CGA, FCCA, Bsc (Hons) Corporate Administration, Corporate Administration and Legal Matters, Corporate Governance, Cyberlaw, Internet Law, E-Commerce, Finance and Accounting, Financial Compliance / Planning / Management, Fraud and Corruption, IT, Privacy and Security, Network, Systems and Data Security, Privacy Compliance and Management, Records Management and Retention, Sales, Marketing and Operations, Social Media/Social Networking, Web design and Management
British Airways’ experience described in this article underscores that cybersecurity is important, and Canadian entities preparing for mandatory security breach reporting and notification coming into force soon can take lessons from British Airways’ response to a security breach.
Apolone Gentles, British Airways security breach, Cybersecurity, European Union, GDPR, General Data Protection Regulation, OPC, Personal Information Protection and Electronic Documents Act, PIPEDA, privacy, Privacy Commissioner, security-breach
April 20, 2018 McCarthy Tétrault LLP Finance and Accounting, Financial Compliance / Planning / Management, Payroll and Personnel Management, Records Management and Retention
To avoid claims and payments for unpaid overtime, employers should consider methods to control overtime costs such as establishing overtime policies, overtime agreements, or averaging agreements, if permitted by applicable legislation.
averaging agreements, class action lawsuit, employee relations, employment standards, overtime, overtime agreements, overtime class actions, overtime legislation, settlements, statutory overtime provisions
