Quarterly Financial Report for CICS for the Quarter Ending June 30, 2014
Statement outlining results, risks and significant changes in operations, personnel and program 1. Introduction This quarterly report has been prepared by management as required by section 65.1 of the Financial Administration Act and in the form and manner prescribed by the Treasury Board Accounting Standard 1.3. This report should be read in conjunction with the 2014-15 Main Estimates (and as applicable – Supplementary Estimates and previous quarterly reports for the current year) as well as Canada’s Economic Action Plan 2012 (Budget 2012). The mandate of the Canadian Intergovernmental Conference Secretariat (CICS) is to support federal, provincial and territorial governments by planning, conducting, and the serving of senior level intergovernmental conferences held across Canada. The primary objective of CICS is to relieve client departments in virtually every major sector of intergovernmental activity of the numerous technical and administrative tasks associated with multilateral conferences, thereby enabling conference participants to concentrate on the substantive policy issues. CICS provides continuous, effective, impartial administrative services to these meetings. This quarterly report has not been subject to an external audit or review. Basis of Presentation This quarterly report has been prepared by management using an expenditure basis of accounting. The accompanying Statement of Authorities includes the department’s spending authorities granted by Parliament and those used by the department consistent with the 2014-15 Main Estimates and Supplementary Estimates. This quarterly report has been prepared using a special purpose financial framework designed to meet financial information needs with respect to the use of spending authorities. The authority of Parliament is required before moneys can be spent by the Government. Approvals are given in the form of annually approved limits through appropriation acts or through legislation in the form of statutory spending authority for specific purposes. As part of the departmental performance reporting process, CICS prepares its annual departmental financial statements on a full accrual basis in accordance with Treasury Board accounting policies, which are based on Canadian generally accepted accounting principles for the public sector. However, the spending authorities voted by Parliament remain on an expenditure basis. 2. Highlights of fiscal quarter and fiscal year to date (YTD) results 2.1 Statement of Authorities CICS’ authorities available for 2014-15 (lower by some $79 thousand from 2013-14) reflects the Secretariat’s total reduction for the authority measures announced in Budget 2012. 2.2 Statement of Department Budgetary Expenditures by Standard Object Total budgetary expenditures recorded in the first quarter were some $222 thousand (20%) lower than in the first quarter, 2013-14. The primary reason for the overall decrease in expenditures results from the absolute savings arising from Budget 2012, Efficiencies are being achieved through increased use of virtual and tele conferencing and leveraging of new information technologies to fulfill our mandate. The increase of some $67,000 in other subsidies and payments from 2013-14 is primarily due to a one-time transition payment of $63,438 for implementing salary payment in arrears by the Government of Canada. 3. Risks and Uncertainties Our program mandate is to provide administrative services for the planning and conduct of […]
by Mario Giasson
Read more »
Departmental Performance Report For the period ending March 31, 2014
View as: The Honourable Denis Lebel Minister of Infrastructure, Communities and Intergovernmental Affairs; Minister of the Economic Development Agency of Canada for the Regions of Quebec; and President of the Queen’s Privy Council for Canada Table of Contents Foreword Minister’s Message Section I: Organizational Expenditure Overview Organizational Profile Organizational Context Actual Expenditures Alignment of Spending With the Whole-of-Government Framework Departmental Spending Trend Estimates by Vote Section II: Analysis of Programs by Strategic Outcome Strategic Outcome. Program 1.1: Conference Services Internal Services Section III: Supplementary Information Financial Statements Highlight Financial Statements Supplementary Information Tables Tax Expenditures and Evaluations Section IV: Organizational Contact Information Appendix: Definitions Endnotes Foreword Departmental Performance Reports are part of the Estimates family of documents. Estimates documents support appropriation acts, which specify the amounts and broad purposes for which funds can be spent by the government. The Estimates document family has three parts. Part I (Government Expenditure Plan) provides an overview of federal spending. Part II (Main Estimates) lists the financial resources required by individual departments, agencies and Crown corporations for the upcoming fiscal year. Part III (Departmental Expenditure Plans) consists of two documents. Reports on Plans and Priorities (RPPs) are expenditure plans for each appropriated department and agency (excluding Crown corporations). They describe departmental priorities, strategic outcomes, programs, expected results and associated resource requirements, covering a three-year period beginning with the year indicated in the title of the report. Departmental Performance Reports (DPRs) are individual department and agency accounts of actual performance, for the most recently completed fiscal year, against the plans, priorities and expected results set out in their respective RPPs. DPRs inform parliamentarians and Canadians of the results achieved by government organizations for Canadians. Additionally, Supplementary Estimates documents present information on spending requirements that were either not sufficiently developed in time for inclusion in the Main Estimates or were subsequently refined to account for developments in particular programs and services. The financial information in DPRs is drawn directly from authorities presented in the Main Estimates and the planned spending information in RPPs. The financial information in DPRs is also consistent with information in the Public Accounts of Canada. The Public Accounts of Canada include the Government of Canada Consolidated Statement of Financial Position, the Consolidated Statement of Operations and Accumulated Deficit, the Consolidated Statement of Change in Net Debt, and the Consolidated Statement of Cash Flow, as well as details of financial operations segregated by ministerial portfolio for a given fiscal year. For the DPR, two types of financial information are drawn from the Public Accounts of Canada: authorities available for use by an appropriated organization for the fiscal year, and authorities used for that same fiscal year. The latter corresponds to actual spending as presented in the DPR. The Treasury Board Policy on Management, Resources and Results Structures further strengthens the alignment of the performance information presented in DPRs, other Estimates documents and the Public Accounts of Canada. The policy establishes the Program Alignment Architecture of appropriated organizations as the structure against which financial and […]
by Mario Giasson
Read more »