Frank Martens is a director in PwC’s Risk Assurance Services practice. He provides governance, risk management and internal control related services to a wide range of public and private companies.
Frank was the Project Lead Director on the PwC team working with COSO to update the Internal Control — Integrated Framework (Updated Framework). He was also a principal contributor to the Illustrative Tools for Assessing Effectiveness of a System of Internal Control and Internal Control over External Financial Reporting: A Compendium of Approaches and Examples. Frank has presented across North America and on global webcasts on the Updated Framework.
In addition to working on the Updated Framework, Frank was a principal contributor to the 2006 Internal Control over Financial Reporting — Guidance for Smaller Public Companies, the 2004 Enterprise Risk Management — Integrated Framework, and co-author of COSO’s Understanding and Communicating Risk which explores risk appetite as envisioned in the Enterprise Risk Management — Integrated Framework. Frank also contributed several other articles on risk and control to both Canadian and US Accounting publications.
Frank is a Chartered Accountant with over 25 years of experience. His clients include large and small public and private companies, public sector entities, and not for profit organizations. He has helped organizations seeking to implement and enhance their risk management and internal control capabilities in the energy, health care, higher education, mining, oil and gas, software, and tourism sectors. He has worked with many boards seeking to assess and improve the governance aspects of ERM and internal control and has worked hands-on with many internal audit functions in developing risk-based audit plans, conducting audits, and board reporting.