First Reference Talks

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

Finance and Accounting

By | 3 Minutes Read

Job rotations and vacations as internal controls

Job rotations and vacations continue to be effective internal controls. A September 30, 2020 article in the Scotsman newspaper (the Article) was a recent reminder of this fact. The article explains that embezzlements, which had gone on for more than eight years, began to unravel and were ultimately discovered after the embezzler’s manager announced plans to rotate staff to give them broader experiences.

By | 2 Minutes Read

Let’s talk about assumptions and risk

When we make a decision, we normally make a number of assumptions about what we expect to happen. My view of risk management, or should I say risk management that adds value and helps an organization succeed rather than just avoid failure, is all about what might happen.

By | 4 Minutes Read

Hengyun: A Quebec Court relieves a tenant of rent obligations for pandemic-related reasons, but what does the ruling actually mean?

On July 13, 2020, the Superior Court of Quebec rendered a decision in Hengyun International Investment Commerce Inc. v. 9368-7614 Québec Inc., 2020 QCCS 2251 in which it held that a tenant was relieved from its obligation to pay rent under its lease for a gym for the months of March, April, May and part of June 2020.

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