Risk & Compliance >> Bill C-198
Service Description:
With the advent of Bill C-198, Canadian public companies (whose stock is traded on Canadian exchanges) find the investment in technology centric controls, such as General Computing Controls (GCC), to become a “must have” from an audit and compliance perspective.
Service Scope:
The Manta Group’s Bill C-198 offering takes into account organizations priorities and demands and leverages compliance requirements to provide the platform for technology centric organization to improve the quality and reliability of its services which is the ultimate intention of Bill C-198 . Unlike traditional service organizations approach to treat Bill C-198 as an external demand that needs to be attended to on regular basis, the Manta Group uses a risk-based model to correlate the investment in controls with organizations’ tolerance for risk in an informed, transparent and documented environment.
Subject Matter Expertise:
- The Manta Group has extensive experience in designing, documenting, implementing and testing ITGCC’s using COBIT.
- Our consultants have at least 5 years experience in developing and implementing the COBIT framework to meet audit requirements. Our experience level for ITGCC’s as it relates to financial reporting compliance exceeds 3 years.
Service Brief:
Customer Requirement – Design, document, implement, test and verify controls required to meet Bill C-198 compliance requirements.
Manta Solution – The Manta Group deployed a team of consultants to anlayze and document the current control environment. Using a risk based approach a desired state was designed, documented and implemented to meet the minimal requirements for C-198 compliance. Manta’s expertise was essential in driving business value for the customer. Service improvements were realized along with a clearer understanding of the strengths and weaknesses of the IT organization.
