ICFR audit and monitoring framework for FedNor.
FedNor requires an independent accounting or audit firm to assess the design and operating effectiveness of its Internal Controls over Financial Management (ICFM) and Internal Controls over Financial Reporting (ICFR), and to provide recommendations for improvement. The engagement also includes developing a sustainable, risk-based internal monitoring framework aligned with Treasury Board of Canada Secretariat requirements and the COSO Internal Control – Integrated Framework. The work aims to provide independent assurance over FedNor's financial control environment, support management's financial reporting responsibilities, and establish an ongoing monitoring approach to reduce long-term reliance on external providers. The contract is part of a standing offer stream for financial and accounting services.