Paragraph 7 of Form 52-109F1 and paragraph 6 of Form 52-109F2 require an issuer to disclose any change in the issuer’s ICFR that has materially affected, or is reasonably likely to materially affect, the issuer’s ICFR. A material change in ICFR might occur regardless of whether the change is being made to remediate a material weakness (e.g., a change from a manual payroll system to an automated payroll system). A change in an issuer’s ICFR that was made to remediate a material weakness would generally be considered a material change in an issuer’s ICFR.
