Please choose between the following three options for navigation.
• know the typical legislative authorities and provisions defining how governments receive, disburse and manage public funds• explain the elements of governance and decision-making in public sector environments, including how government staff work and communicate with elected officials and their staff, federal members of Parliament, members of provincial parliaments and city councillors• understand government stakeholders, including the public, and their expectations of accountability, transparency, value for money and the sustainability of taxpayer-funded spending
• explain the government planning and budgeting process, which culminates in an annual budget• describe the steps in the government planning and budgeting process
• understand the difference between operating and capital budgets, and between funding for operations versus funding for capital• ability to prepare a budget component for a program, division or other small segment that will be rolled up into the overall budget
• understand public sector accounting as a basis of government financial reporting and the role of sovereign governments in that process• explain and prepare, or support the preparation of, the statements, notes, schedules and other components of a typical set of public accounts• evaluate which government agencies, government business enterprises and other government organizations are part of the Government Reporting Entity (GRE)• evaluate whether an organization needs to be consolidated with its host ministry or department and perform consolidations where indicated• apply public sector GAAP measures to government transactions.• explain and account for all government revenues, including taxes, transfers and non-tax revenue• describe the different types of government transfer payments
• use financial analysis of program-specific financial reports and annual financial statements to assess the financial strength of agencies and not-for-profit organizations delivering government programs• compare and contrast performance measurement in government, not-for-profit and for-profit organizations
• describe the concept of public sector auditing and the accountability relationship with the public• assess financial control and related risks associated with government program delivery, including third- party organizations such as agencies• identify process weaknesses and recommend appropriate financial and internal controls to address identified weaknesses• apply internal audit procedures to assess value for money in government program delivery• understand the types of internal and external audits most frequently encountered in a public sector context• explain the methodology applied in these engagements including value-for-money audits (versus audits that focus on fair presentation)
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January 9, 2017
Canada is celebrating its 150th anniversary. We’re celebrating you, Canadian CPAs. Tell us why you’re proud to be a Canadian CPA. Then watch for our big celebration in July.
March 1, 2017
Gain practical organizational insights and learn from industry experts at this annual event for not-for-profit financial leaders.