TPFR Information Sessions for School Board Finance Managers and External Auditors

Welcome & Introductions Presenters

Marion Jarrell – Project Manager, Anthony Yeung – Accounting Issues LeadDoreen Lamarche – Capital Assets LeadJanet Allen – KPMG

Reporting Entity Team members (List attached)

Workgroup Members (List attached)

Reporting Entity Team Marion Jarrell – Project Manager

(416) 325-2057 or (519) 865-0044 Anthony Yeung (416) 325-8527 Doreen Lamarche (613) 225-9210 Ext 113 Andrew Yang (416) 325-4212 Nadya Bekker (416) 327-9061

Marie Li – Manager, Financial Reporting Unit

(416) 326-0201

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

How far have we come?

Started about a year ago!

Proposals to OAGO (Apr 2005) Capital Assets Different Fiscal Year End Issues

We’ve come a long way!

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

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

Other

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

Thank you for your efforts!

Next Steps and Today’s 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 Province’s public accounts

Questions & Answers