"27 Goodmans partners among the leading Canadian lawyers." - Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada
Goodmans Publications

Canadian Securities Administrators Decide not to Require Internal Control Audit Opinions from External Auditors


Area Corporate Finance and Securities


The Canadian Securities Administrators (the “CSA”) have issued a notice which provides market participants with an update as to the status of the CSA’s earlier proposals with respect to internal control reporting requirements.  The most important change is that the CSA no longer proposes to require internal control audit opinions from external auditors concerning management’s assessment of the effectiveness of internal control over financial reporting.

Download PDF