Status & Emerging Issues - PowerPoint PPT Presentation

status emerging issues n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Status & Emerging Issues PowerPoint Presentation
Download Presentation
Status & Emerging Issues

play fullscreen
1 / 7
Download Presentation
Status & Emerging Issues
95 Views
agrata
Download Presentation

Status & Emerging Issues

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

  1. Status & Emerging Issues Presented by Marion Jarrell

  2. Capital Asset Valuation Project • DSB’s have updated a majority of their records • Still a few records outstanding • Non-permanent structures (Portables) • 45 DSBs have locked, 17 SAs have locked • 27 DSBs remaining, 8 SAs remaining • OAGO did interim audit and found some data problems – currently doing data cleansing • Target Completion: end of March

  3. Upload of Info to Province • Extract info from EFIS and uploaded • Statement of Financial Position • Schedule 20 • March Inter-entity reports • Account reconciliation, adjustments and elimination entries entered • OAGO beginning audit on March 1st.

  4. March Reports • A similar process will be used for the March Report information • Upload from EFIS • Account reconciliation, adjustments and elimination entries entered • TIMELINES ARE CRITICAL to meet provincial accounts.

  5. What will it look like? • Province will report Net Expenses and Net Assets of the Broader Public Sector with a supporting schedule for school boards. • “Net Expenses” will be • DSB PSAB expenditures • Adjusted for capital assets • Less: Local Taxation & Other Revenues

  6. Question & Answer Period