First Reference Talks

Discussions on Human Resources, Employment Law, Payroll and Internal Controls

Apolone Gentles, JD, CPA,CGA, FCCA, Bsc (Hons)

By | 4 Minutes Read

A $900M error, poor system design, and failed internal controls

A $900M error, poor system design, and failed internal controls intersected in a recent court case decided in New York. Citibank, in its role as administrator for loans that a group of lenders, or syndicate, had made to Revlon, was responsible for coordinating between lenders and Revlon.

By | 4 Minutes Read

COVID-19 vaccines: Encourage, not mandate

The best advice to employers may be to encourage, not mandate, COVID-19 vaccines. Workplace vaccination is a matter of compliance (with health and safety and other legal requirements to keep workplaces safe) and risk management (mitigating the risk that outbreaks could disrupt business continuity).

By | 2 Minutes Read

Apply for property tax rebates

Apply for property tax rebates if your organization is a qualifying charity or other not-for-profit. In addition to COVID-specific government relief which may be available, municipal property tax rebates may be a valuable source of cashflow as not-for-profits navigate the impact of COVID-19 on revenues.

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Established in 1995, First Reference provides organizations with practical and authoritative resources to help ensure compliance with constantly changing Canadian legislation and best practice

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