First Reference Talks

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

Internal Controls

By | 4 Minutes Read

A tale of two (risk) cities

Let me tell you a story because it is the time of year for fables. A Scottish company (Dundee Ltd) is growing rapidly after only a couple of years in existence and needs to find a supplier that has the capacity to scale up to meet increasing demand.

By | 3 Minutes Read

The future of internal auditing

Bruce Turner, “an active company director and audit committee chair”, was recently interviewed on this topic. You can see the full interview at CERM Risk Insights and there is also an article in Future of Professions.

By | 4 Minutes Read

Vendor master file blunders caused a $2.7M loss

Vendor master file blunders caused a $2.7M loss for a company whose insurer refused to cover most of the loss. At the root of the loss was the company's inadequate response to a phishing email. A few simple best practices could have prevented the loss.

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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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