Publication
La Cour suprême du Canada tranche : les cadres ne pourront se syndiquer au Québec
Le 19 avril dernier, la Cour suprême du Canada a rendu une décision fort attendue en matière de syndicalisation des cadres.
Publication | October 2016
In 1992, the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) published its Internal Control—Integrated Framework, (the “COSO Framework” or the “Framework”), a set of guidelines designed to assist companies in evaluating the effectiveness of their internal control systems. Since that time, the Framework has gained broad international acceptance and is viewed as a leading template for designing, implementing, and assessing corporate internal controls. In fact, when the SEC adopted rules under Section 404 of the Sarbanes-Oxley Act (“SOX”) requiring companies to include in their annual reports a certification by management regarding the effectiveness of their internal controls, it announced that the Framework “satisfies our criteria.”1 Accordingly, both the SEC and shareholder plaintiffs have seized on evidence that management failed to abide by the Framework or made a false certification of compliance with the Framework in SOX-mandated reports. These private suits and administrative enforcement actions have cast in stark relief the importance of management’s understanding of, and compliance with, the Framework.
On September 28, 2016, COSO released a standalone Fraud Risk Management Guide. The Guide is intended to supplement the Framework and announce best practices for organizations seeking to assess fraud risks in accordance with Principle 8 of the Framework, which provides that “[t]he organization considers the potential for fraud in assessing risks to the achievement of objectives.” Considering the weight accorded to the Framework by the SEC, the courts, and private civil litigants, companies are well advised to familiarize themselves with the Guide and ensure that both their fraud-risk-management practices and their SOX certifications relating to internal controls comport with this new guidance.
Read the full article: COSOs new fraud risk management guidelines What companies need to know
Publication
Le 19 avril dernier, la Cour suprême du Canada a rendu une décision fort attendue en matière de syndicalisation des cadres.
Publication
Le budget 2024 propose d’élargir la portée de certains pouvoirs permettant à l’ARC de demander des renseignements aux contribuables tout en prévoyant de nouvelles conséquences pour les contribuables contrevenants.
Publication
L'impôt minimum de remplacement (IMR) est un impôt sur le revenu additionnel prévu dans la Loi de l’impôt sur le revenu (Canada) (la « Loi ») auquel sont assujettis les particuliers et certaines fiducies qui pourraient autrement avoir recours à certaines déductions et exemptions et à certains crédits pour réduire leur impôt sur le revenu fédéral canadien régulier.
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