Finance & Accounting PolicyPro®

From policy to sign-off

Co-marketed with

Finance and Accounting PolicyPro is co-marketed by CPA Canada and First Reference Inc.
Meet your finance, accounting, corporate governance, marketing and operations obligations with dwonloadable model polices

The leading source for up-to-date model policies based on Canadian compliance and best practice.

Choose the classic print manual or the comprehensive online platform that automates policy management.

Choose which PolicyPro is right for you

Do you require only finance policies and prefer a print manual with downloadable Microsoft Word® versions of each policy? Select PolicyPro Classic

In addition to finance policies, do you require policy templates for IT, accessibility, HR and non-profits and an automated method to distribute policies and ensure employee sign-off? Select PolicyProPlus®

Check out the features
available with each PolicyPro

PolicyPro Classic

Finance & Accounting PolicyPro:
Online policy templates and print manuals

Try it free for 30 days


From policy to sign-off:
The complete policy management service

Try it free for 30 days

$ 995 /year (+ S&H)

$ 1,990 /year



Two-volume print manual with finance and governance model policies updated regularly

Online versions of all policies, forms, checklists and commentary regularly updated for changes in compliance and best practice

Add policies for IT, accessibility, non-profits and HR for each province (Note: no print manual)

Commentary by subject-matter experts outlines needs and considerations for each policy

Finance & Accounting PolicyPro policies cross-referenced to leading control frameworks: COSO and PEG

Ask the Editor for queries about content or to suggest new policies

Bi-weekly newsletter informs you of revised and new policies and why they're important

Use or revise existing quizzes or create new ones to ensure employees read and understand each policy

Draft, update and archive policies and forms with professional document management functionality

Use multiple manuals and distribution lists for different departments and employee groups

Track employees' completion of assigned policies for internal and external audits using easy management reports

In-context help and technical support

Each employee has their own online account for reading policies, completing quizzes and a report to track progress

Secure and centralized document storage with access from any location or device

Try it for free today!

Get PolicyPro Classic

Best offer:
Platform and content

* The PolicyProPlus Platform is also available without policy databases for $1,495 per year.

Finance & Accounting PolicyPro Model Policies

Volume I – Finance & Accounting

The Revenue Cycle

  • Point of Sale Revenues
  • Customer Order Processing
  • Sales Contracts
  • Extending Credit
  • Sales Commissions
  • Warranties and Guaranties
  • Customer Refunds
  • Customer Refunds – Retail
  • Overdue Accounts and Bad Debts
  • Overdue Accounts and Bad Debts – Statement
  • Revenue Recognition
  • Accounting for Retail Sales Promotions
  • Sales Taxes
  • Management Reporting

The Purchasing Cycle

  • Expense Authorization
  • Petty Cash
  • Company Credit Cards
  • Expense Advances and Expense Allowances
  • Travel Guidelines
  • Purchase Orders
  • Supplier Records and Management
  • Purchase Contracts
  • Receipt of Purchased Goods and Services
  • Payment for Purchased Goods and Services
  • Supplier Refunds and Discounts
  • Recognition of Costs
  • Sales Tax Paid or Payable
  • Management Reporting

Inventory and Costing

  • Raw Materials Inventory
  • Work in Process Inventory
  • Finished Goods Inventory
  • Inventory Count
  • Costing
  • Management Reporting


  • Employee Records
  • Employee Benefits
  • Salaries, Wages and Overtime
  • Commissions
  • Bonuses
  • Pension Plan (Group RRSP)
  • Recognition of Costs
  • Management Reporting

Banking and Treasury

  • Bank Accounts
  • Cash Receipts
  • Returned Items
  • Cheque Issuance
  • Investing Excess Funds
  • Loans to Employees
  • Loans and Borrowing
  • Foreign Currencies and Foreign Exchange Management
  • Cash Management
  • Financial Instruments

Fixed Assets

  • Fixed Asset Acquisition and Records
  • Security of Fixed Assets
  • Amortization
  • Fixed Asset Inventory
  • Disposal Of Fixed Assets

Accounting and Reporting

  • Use of Generally Accepted Accounting Principles
  • Management and Financial Reporting
  • Financial Disclosure and Notes
  • Accounting Controls
  • General Accounting Procedures
  • Spreadsheets
  • Income Taxes
  • IFRS – International Financial Reporting Standards

Volume II – Corporate Governance


  • Board structure and mandate
  • Role, rights and responsibilities of stakeholders
  • Role, rights and responsibilities of directors
  • Role, rights and responsibilities of executive officers
  • Board of directors meetings
  • Shareholders meetings
  • Board committees
  • Relationship with Internal Auditors
  • Relationship with External Auditors
  • Ethics and business conduct
  • Confidentiality and privacy
  • Governance in a not-for-profit organization

Strategy and Planning

  • Strategic planning
  • Business planning
  • Budgets and forecasts
  • Succession planning

General Management

  • Policy development and document control
  • Quality management
  • Management reports and review
  • Public relations
  • Delegation of authorities and authorization procedures
  • Records management and retention

Legal and Regulatory

  • Monitoring Laws and Regulations
  • Contract administration
  • Patents
  • Copyrights and trademarks
  • Litigation

Risk Management

  • Risk Assessment
  • Risk management
  • Business recovery planning
  • Insurance
  • Physical security

Internal Controls

  • Responsibility for internal control
  • Internal control processes
  • Internal Control Implementation
  • Internal Control Monitoring

Volume III – Operations & Marketing

Design and Development

  • Product Development
  • Design and Development Plan
  • Design Input
  • Design Output
  • Design Review
  • Design Verification
  • Design Validation
  • Design Transfer
  • Design Change

Storage and Delivery

  • Receiving
  • Inspection and Testing
  • Inspection, Measurement and Test Equipment
  • Storage
  • Handling
  • Packaging
  • Delivery

Non-conforming Product

  • Control of Non-conforming Product
  • Corrective Action
  • Preventive Action
  • Complaint Handling


  • Product Identification and Traceability
  • Production Scheduling
  • Process Control
  • Production Equipment Maintenance
  • Audits
  • Training

Environmental Management

  • Environmental Protection
  • Hazardous Material Management
  • Recycling
  • Energy Conservation
  • Sustainability
  • Emissions Trading

Sales and Marketing

  • Plans, Research and Strategy
  • Advertising and Direct Marketing
  • Product Identifiers
  • Corporate Image and Communication Standards
  • Corporate Website
  • Sales Training
  • Customer Relationship Management
  • Trade Shows
  • Customer Satisfaction Survey
  • Requests for Quotation
  • Sales Leads
  • Do-Not-Call Registry


  • Warranty Service
  • Customer Service Management
  • Service and Technical Support

Document and Data Control

  • Document Development
  • Document Distribution
  • Document Revision
  • Temporary Changes to Documents
  • Contract Revision

Print ISSN 1709-7029  |  Online ISSN 1923-8908  |  ISBN 978-0-9735149-8-8

Authors and Editors


Jeffrey D. Sherman, Bcomm, MBA, CIM, FCPA, FCA, has had over 20 years of executive management experience. He is a former director or CFO of several public companies. His extensive knowledge and experience includes corporate governance, risk management, accounting and finance, restructuring and start-up enterprises.

Mr. Sherman has lectured and conducted seminars for many organizations and was an adjunct professor at York University for 15 years. He is a popular course director and course author for many organizations, including The Chartered Professional Accountants of Canada (CPA Canada) and other provincial institutes of chartered professional accountants and law societies, and has written many books and articles on finance and accounting.

Co-marketed with

Finance and Accounting PolicyPro is co-marketed by CPA Canada and First Reference

Content Editor

Apolone Gentles, JD, CPA, CGA, FCCA, is an Ontario lawyer and editor with over 20 years of business experience.

Ms. Gentles has held senior leadership roles in non-profit organizations, leading finance, human resources, information technology and facilities teams. She has also held senior roles in audit and assurance at a "Big Four" audit firm. Apolone has also lectured in auditing, economics and business at post-secondary schools.

Managing Editor

Yosie Saint-Cyr, LLB, was called to the Quebec bar in 1988 and is a member in good standing. She practised business, employment and labour law until 1999 before becoming Managing Editor at First Reference.

Yosie is responsible for the high-quality, up-to-date content for employment law services and the Internal Controls Library. She is currently enrolled in the Osgoode Professional LLM degree program.