All Resources

Municipal financial reporting requirements

Description

Section 276 of the Municipal Government Act (MGA) requires every municipality to prepare its annual financial statements in accordance with the generally accepted accounting principles for... More ≫

Description

Section 276 of the Municipal Government Act (MGA) requires every municipality to prepare its annual financial statements in accordance with the generally accepted accounting principles for municipal governments recommended by the Canadian Institution of Chartered Accountants (CICA), and in accordance with any modification of the principles or supplementary requirements established by the Minister of Municipal Affairs.

Tags