Companion Policy to National Instrument 52-109 Certification of Disclosure in Issuers' Annual and Interim Filings
Part 7 Evaluating Operating Effectiveness oOf DC&P and ICFR
Section 7.8

Walkthroughs

A walkthrough is a process of tracing a transaction from origination, through the issuer’s information systems, to the issuer’s financial reports. A walkthrough can assist certifying officers to confirm that:

(a) they understand the components of ICFR, including those components relating to the prevention or detection of fraud;

(b) they understand how transactions are processed;

(c) they have identified all points in the process at which misstatements related to each relevant financial statement assertion could occur; and

(d) the components of ICFR have been implemented.