RE:Form 52-109F1 Delay caused because mgmt does not want to report material weakness in MD&A so they are fixing it first before auditor signs off?
5.2 ICFR – material weakness relating to design: The issuer has disclosed in its annual MD&A for each material weakness relating to design existing at the financial year end
(a) a description of the material weakness;
(b) the impact of the material weakness on the issuer's financial reporting and its ICFR; and
(c) the issuer's current plans, if any, or any actions already undertaken, for remediating the material weakness.
5.3 Limitation on scope of design: The issuer has disclosed in its annual MD&A
(a) the fact that the issuer's other certifying officer(s) and I have limited the scope of our design of DC&P and ICFR to exclude controls, policies and procedures of
(i) a proportionately consolidated entity in which the issuer has an interest;
(ii) a special purpose entity in which the issuer has an interest; or
(iii) a business that the issuer acquired not more than 365 days before the issuer's financial year end; and
(b) summary financial information about the proportionately consolidated entity, special purpose entity or business that the issuer acquired that has been proportionately consolidated or consolidated in the issuer's financial statements.
https://www.osc.ca/en/securities-law/instruments-rules-policies/5/52-109/unofficial-consolidation-form-52-109f1-certification-annual-filings-full-certificate