Sources of Non-Respendable Revenue 2013-2014
Sources of Non-Respendable Revenue ($ millions) Program 2011–12 Actual 2012–13 Actual 2013–14 Planned Revenue Actual Conference Services Shared cost agreement – Reimbursement received from the provincial government 1.1 1.1 1.1 1.0 Revenues earned on behalf of Government (1.1) (1.1) (1.1) (1.0) Total Non-Respendable Revenue – – – –
by Mario Giasson
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Internal Audits and Evaluations 2013-14
Internal Audits and Evaluations 1. Name of Internal Audit 2. Internal Audit Type 3. Status 4. Completion Date Financial Forecasting in Large and Small Departments Horizontal Done June 2014 Protection of Personal Information in Small Departments Horizontal Done June 2014 Compliance with the Directive on Internal Support Services in Large and Small Departments Horizontal Started 2014-15
by Mario Giasson
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Unaudited Financial Statements 2013-14
For the Year Ended March 31, 2014 Canadian Intergovernmental Conference Secretariat Statement of Management Responsibility Including Internal Control over Financial Reporting Responsibility for the integrity and objectivity of the accompanying financial statements for the year ended March 31, 2014, and all information contained in these statements rests with the management of the Canadian Intergovernmental conference Secretariat (CICS) These financial statements have been prepared by management using the Government’s accounting policies, which are based on Canadian public sector accounting standards. Management is responsible for the integrity and objectivity of the information in these financial statements. Some of the information in the financial statements is based on management’s best estimates and judgment, and gives due consideration to materiality. To fulfill its accounting and reporting responsibilities, management maintains a set of accounts that provides a centralized record of the CICS’s financial transactions. Financial information submitted in the preparation of the Public Accounts of Canada, and included in the CICS’s Departmental Performance Report, is consistent with these financial statements. Management is also responsible for maintaining an effective system of internal control over financial reporting (ICFR) designed to provide reasonable assurance that financial information is reliable, that assets are safeguarded and that transactions are properly authorized and recorded in accordance with the Financial Administration Act and other applicable legislation, regulations, authorities and policies. Management seeks to ensure the objectivity and integrity of data in its financial statements through careful selection, training and development of qualified staff; through organizational arrangements that provide appropriate divisions of responsibility; through communication programs aimed at ensuring that regulations, policies, standards, and managerial authorities are understood throughout the CICS’s and through conducting an annual risk-based assessment of the effectiveness of the system of ICFR. The system of ICFR is designed to mitigate risks to a reasonable level based on an on-going process to identify key risks, to assess effectiveness of associated key controls, and to make any necessary adjustments. The CICS is subject to periodic Core Control Audits performed by the Office of the Comptroller General and uses the results of such audits to comply with the Treasury Board Policy on Internal Control. A Core Control Audit was performed in 2011-12 by the Office of the Comptroller General of Canada (OCG). The Audit Report and related Management Action Plan are posted on the departmental web site at respectively Core Control Audit of the Canadian Intergovernmental Conference Secretariat and CICS Management Action Plan. The financial statements of the CICS have not been audited. André M. McArdle, Secretary Ottawa, Canada September 9th, 2014 Brian J. Berry FCPA, FCMA, Assistant Secretary and Chief Financial Officer Ottawa, Canada September 9th, 2014 Canadian Intergovernmental Conference Secretariat Statement of Financial Position (Unaudited) As at March 31 (in dollars) 2014 2013 Liabilities Accounts payable and accrued liabilities (note 4) $ 759,943 $ 440,848 Vacation pay and compensatory leave 83,987 103,159 Employee future benefits (note 5) 95,262 143,544 Total liabilities 939,192 687,552 Financial assets Due from Consolidated Revenue Fund 581,411 267,634 Accounts receivable and advances (note 6) 765,790 316,098 […]
by Mario Giasson
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