| Table of Contents |
| Inside Cover |
| Letter of Transmittal |
| Foreword |
| Entire Report on the Audit of the Financial Statements of the Province (686 KB) |
| Chapter |
|
Part |
Page |
| 1 |
Reflections of the Auditor General |
|
1 |
| 2 |
PublicAccounts |
|
|
|
Introduction |
2.1 |
7 |
|
What are the Public Accounts? |
2.2 |
7 |
|
Who Prepares Them? |
2.3 |
7 |
|
Why are they Prepared? |
2.4 |
7 |
|
What are the Public Accounts “Volumes”? |
2.5 |
8 |
|
What Statements are Included and what do they Show? |
2.6 |
9 |
|
What Accounting Policies does Government Follow? |
2.7 |
11 |
|
Who Audits the Public Accounts? |
2.8 |
12 |
|
Why are they Audited? |
2.9 |
12 |
|
What does the Auditor’s Report Show? |
2.10 |
13 |
|
How do our Financial Statements Compare toother Jurisdictions? |
2.11 |
14 |
| 3 |
Financial Condition of the Province |
|
|
|
Introduction |
3.1 |
15 |
|
Key Balances in the Public Accounts |
3.2 |
15 |
|
The Financial Condition of the Province |
3.3 |
17 |
|
Financial Indicators – Interpreting the Financial Information |
3.4 |
21 |
| 4 |
Comments on Selected Financial Information |
|
|
|
Retirement Benefits – Pensions |
4.1 |
37 |
|
Retirement Benefits – Other than Pensions |
4.2 |
45 |
|
Debt |
4.3 |
48 |
| 5 |
Comments on Government’s Financial Reporting |
|
|
|
Introduction |
5.1 |
59 |
|
Reporting under the Transparency and Accountability Act |
5.2 |
59 |
|
Internal Audit |
5.3 |
61 |
|
Government Reporting Entity |
5.4 |
62 |
|
Environmental Liabilities |
5.5 |
62 |
|
Periodic Financial Statements |
5.6 |
64 |
|
Basis of Accounting for Federal Revenues |
5.7 |
65 |
