Companion Policy to National Instrument 52-109 Certification of Disclosure in Issuers' Annual and Interim Filings
Part 6 Design of DC&P and ICFR
Section 6.13

Maintaining Design

Following their initial development and implementation of DC&P and ICFR, and prior to certifying design each quarter, certifying officers should consider:

(a) whether the issuer faces any new risks and whether each design continues to provide a sufficient basis for the representations about reasonable assurance required in paragraph 5 of the certificates;

(b) the scope and quality of ongoing monitoring of DC&P and ICFR, including the extent, nature and frequency of reporting the results from the ongoing monitoring of DC&P and ICFR to the appropriate levels of management;

(c) the work of the issuer’s internal audit function;

(d) communication, if any, with the issuer’s external auditors; and

(e) the incidence of weaknesses in DC&P or material weaknesses in ICFR that have been identified at any time during the financial year.