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The government-wide COA is to be used by all departments and agencies of the federal government included in the Government of Canada Reporting Entity. The departments and agencies to which the COA apply are those organizations listed in Schedules I, I.1 and II of the Financial Administration Act.
- Chapter 4
4.1 Introduction. This chapter provides an explanation of...
- Chapter 4
- Overview
- HisTory of SecTion Ps 1300
- PubLic sector AcCountIng discussion Group meetings
This Section defines the scope of the government reporting entity in terms of the organizations whose financial affairs and resources would be included in government financial statements and establishes standards on how to account for and disclose those organizations in government financial statements. It also es...
Note: The above summary does not include details of consequential amendments made as the result of other projects.
The government-wide chart of accounts is a framework that explains how departments and agencies should identify, collect and report financial transactions to consistently satisfy the government’s corporate information requirements.
May 1, 2023 · Departmental Financial Statements should include all government components the deputy head (DH) is accountable for as the accounting officer of the department. This is different from a reporting entity that is based on a ministerial portfolio.
The government reporting entity (GRE) is comprised of the organizations that are controlled by the government, which include the Province’s departments and public service units (General Revenue Fund), government business enterprises (GBEs), other
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Government Reporting Entity – should comprise government components and those organizations that are controlled by the government. Governmental unit – is a government component, government not-for-profit organization or other government organization.
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Who is a government reporting entity?
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What is the reporting entity of the government of Canada?
What is a reporting entity?
What is the scope of a government reporting entity?
What is a government reporting entity (GRE)?
The reporting entity of the Government of Canada includes all of the government organizations which comprise the legal entity of the government as well as other organizations, including Crown corporations, which are separate legal entities but are controlled by the government.