Boards of education are accountable to residents of the school division and to the Minister of Education for the effective and affordable delivery of education services. There are various accountability mechanisms including annual reports and independent audits. Financial reporting information includes year-end financial reporting requirements, guidelines, resources, and financial statement templates.
Financial Reporting Manual
This manual helps boards of education in meeting their accountability requirements. This document is primarily concerned with the audited financial statements, management information, and other year end reporting requirements that are part of this accountability mechanism.
Financial Statements Checklist
This checklist helps school division to ensure that their financial statements have been prepared considering all recommendations and guidelines contained in the Ministry of Education Financial Reporting Manual.
Consolidated Financial Statements
School divisions should use these forms and samples in the preparation of their consolidated financial statements.
Non-Consolidated Financial Statements
School divisions should use these forms and samples in the preparation of their Non-Consolidated financial statements.
Annual Report Financial Overview Template and Graphs
School divisions should use this template in the preparation of their Annual Report Financial Overview.