CFO PARTNER software product builds on legacy of COMPLIANCE PARTNER(R) and COMPLIANCE PLAYBOOK(R) products to provide an affordable and easy-to-implement financial controls and testing framework for companies listed on global capital markets.
TORONTO and NEW YORK, June 1 /CNW/ - Issues Central, Inc. announced the launch today of its latest financial compliance product, CFO PARTNER, for companies that must document and test financial controls to be compliant with legislation such as the Sarbanes-Oxley Act of 2002 (SOX 404) and National Instrument 52-109: Certification of Issuer's Annual and Interim Filings (NI 52-109). Canada has the unique distinction of being the first country to certify internal controls as well as transition to IFRS.
CFO PARTNER builds on the market success and functionality of two earlier financial compliance products created by Issues Central, Inc.: the COMPLIANCE PLAYBOOK(R) for SOX 404 and COMPLIANCE PARTNER(R) for NI 52-109.
"Our new CFO PARTNER solution streamlines the documentation of internal controls over financial reporting and disclosure controls plus the related testing for control effectiveness," said Charley Best, Vice President of Issues Central, Inc. "Existing customers using COMPLIANCE PARTNER(R) or COMPLIANCE PLAYBOOK(R) will be upgraded at no extra cost and have the same easy-to-use features and compliance content they currently enjoy, but will be able to access additional compliance content for International Financial Reporting Standards (IFRS) plus enhanced reporting with CFO PARTNER."
The CFO PARTNER software product(http://cfopartner.ca/pages/products.htm) provides libraries of customizable financial controls, narratives and testing procedures using the COSO framework plus extensive reporting and automatic flowcharting. The product can be deployed as a single user or multi-user system and comes with training and support programs.
"We introduced COMPLIANCE PLAYBOOK(R) to the U.S. market in 2003, and in partnership with Carswell, a division of Thomson Reuters, we brought COMPLIANCE PARTNER(R) to the Canadian market in 2005. We are proud of the success of those products. In 2010 a new era of financial compliance requirements is dawning including the need to address the worldwide adoption of IFRS plus enhanced corporate governance. CFO PARTNER provides a unified product platform, to both existing customers as well as new customers, to meet the needs of CFOs, Controllers and Internal Audit departments."
To learn more about CFO PARTNER visit www.cfopartner.ca
About Issues Central, Inc.
Issues Central, Inc. (ICI) is a developer of financial compliance, reporting and governance solutions for publicly-traded companies. In addition to CFO PARTNER, ICI products include IFRS PARTNER(http://ifrspartner.com/) for converting from GAAP-to-IFRS. The company is privately-held and has offices in Toronto, New York, Calgary and Vancouver.
COMPLIANCE PARTNER(R) is a trademark of Carswell, a division of Thomson Reuters Canada Limited.
SOURCE ISSUES CENTRAL, INC.
For further information: For further information: Charley Best, Vice President, Issues Central, Inc., 1-800-410-6681 ext. 112, firstname.lastname@example.org