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From the Preface: This study serves four principal purposes. First, it gathered information from Canada's largest companies, allowing for a depiction of "state-of-the-art" internal control in the Canadian environment...Second, this study provides a major database based on the examination of three management levels' responses to questions and through the grouping of responses by industry classification, size of company and whether companies are within regulated industries. Third, the survey of the three management levels examined the roles and internal control responsiblities of individuals within the organization...Fourth, computerized information systems represent the most significant recent technological change within firms...This study inquires whether this change has been fully dealt with by the corporations and the two groups of auditors.

From the Foreword: Although much has been written recently on Zero-Base Budgeting, the Society's Accounting Principles and Practices Committee is of the view that there is a need for a practical guide that can be used by managers as a "how to" manual for implementation of this concept. As such, this study will cover such topics as: (i) the implications of implementing ZBB in any organization, (ii) the basic procedures, forms and organizational roles that must be considered if a ZBB system is adopted, and (iii) how various organizations have modified the ZBB concepts to give effect to their own special requirements.

From the Foreword: Managers of companies with international dealings, either in the form of selling or buying goods to and from other countries, or the possession of assets in other countries must manage their foreign exchange exposure. In this study, the aulthors survey Canadian companies to determine the practice and extent of company policies in such areas as: a) the centrailization of foreign exchange risk programs, b) executives' responsibility, c) managerial tasks associated with the exchange risk management function, d) perceived trends, problems encountered and attitudes expressed toward the exchange risk management function. In addition to reporting the practices of Canadian corporations the authors provide a brief historical background of currency exchange, an explanation of management techniques for reducing or coverning exchange risk, a discussion of the internal and external measurement criteria and financial reporting systems and thieir own opinions of the best method to manage foreign exchange exposure.