TPFR Information Sessions for School Board Finance Managers and External Auditors

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TPFR Information Sessions for School Board
Finance Managers and External Auditors
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Welcome Introductions

• Presenters
• Marion Jarrell Project Manager,
• Anthony Yeung Accounting Issues Lead
• Doreen Lamarche Capital Assets Lead
• Janet Allen KPMG
• Reporting Entity Team members (List attached)
• Workgroup Members (List attached)

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Reporting Entity Team

• Marion Jarrell Project Manager
• [phone] or [phone]
• Anthony Yeung [phone]
• Doreen Lamarche [phone] Ext 113
• Andrew Yang [phone]
• Nadya Bekker [phone]
• Marie Li Manager, Financial Reporting Unit
• [phone]

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Workgroup Members

• Anna Chan, York Catholic DSB
• Paul McMahon, Halton Catholic DSB
• Jane Palmer, Ottawa-Carleton Catholic DSB
• Larry Reich, Niagara Catholic DSB
• Beverly Webb, Rainbow DSB
• Erica Pennell, Algonquin Lakeshore Catholic DSB
• Jackie Porter, York Catholic DSB

• Janet Allan, KPMG
• Paula Jesty, Deloitte Touche
• Alain Gélinas, CSD du Grand Nord de l'Ontario
• Craig Snider, TDSB
• Nelson Tam, Internal Audit, Min of Education
• Bill Pelow, Ministry of Finance
• Jamie Gunn, Grand Erie DSB
• Charles Brousseau, BSB, Min of Education

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How far have we come?

• Started about a year ago!
• Proposals to OAGO (Apr 2005)
• Capital Assets
• Different Fiscal Year End Issues
• Weve come a long way!

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Capital Assets

• Contracted with ORC and Appraisers
• EDU CAP Website Buildings, Land Portables
  information
• Capitalization Threshold Survey
• Capital Tangible Assets Mini-Guide Policy
  Document
• 5 month Capital Assets Activity reports
• Specified Procedures Report
• Responses to CICA on Statement of Principal on
  TCA and on the Exposure Draft on the Application
  of Section 3150 to Local Governments

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Different Fiscal Year-End

• March 2005 Inter-entity Balances Report
• Sch 20 5 Month Revenue Expenses
• Specified Procedures Report
• Uploaded data into provincial accounting system

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Other

• OASBO Workshop June 2005
• ICAO Meetings
• Information Sessions in Sept 2005

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Thank you for your efforts!
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Next Steps and Todays Agenda

• 7 month (Sept March) Reporting
• Specified Procedures Reports
• 7 month Capital Asset Reporting
• Updates/Information
• Financial Aspects of the Capital Planning Website
• What will this information look like in the
  Provinces public accounts
• Questions Answers