Accounting for Common Services in the Government of Canada: Mirage or Oasis?

Article Abstract:

There are several accounting techniques used in the Canadian government in accounting for the provision of services. Since the 1960s items such as the cost of accommodation, superannuation are reflected in memorandum entries, attached to estimates. In another department, market conditions are simulated as a client has to pay for services out of its budget. The revolving fund which charges for services at current rates is another technique. These techniques were considered for the Department of Public Works (DPW). The technique requiring departments to pay for services out of their appropriations seemed the most advantageous. However, in 1978, a report noted several arguments against this technique, as well as several advantages. Revenue dependency is still the concept on which the technique should be based with each department charged rent on its space, and depreciation charged on a sinking-fund basis. This appears artificial. The proposals appear to come short of comparison with the private sector. Revenue dependency is not reality in the DPW. Accounting needs to reflect reality.

Canada, Government spending policy

---

Mega-task in a megacity: busy times for new Toronto's first CFO

Article Abstract:

Chartered accountant Wand Liczyk became the first CFO of the megacity of Toronto upon the election of North York Mayor Mel Lastman as mayor of the megacity. Liczyk worked for Lastman as North York city treasurer. Liczyk is finding her role as the first CFO challenging, forcing her to assume a multifaceted role to enable the fledgling megacity balance its budget and in the process, find improvement in its delivery of basic services. Liczyk's first challenge is to come up with C$ 6.5 bil within two months, while having to cope with the megacity's $164 mil deficit.

Local Government, Officials and employees, Practice, Accountants, Public employees, Government employees, Toronto, Ontario, Liczyk, Wanda

---

Governments are different

Article Abstract:

Issues are presented concerning the transparency of decision making within different forms of government. The variation in accountability of governments and the presentation of their accounts is discussed.

Government, Decision-making, Decision making, Management, Economic aspects, Government liability

Similar abstracts:

• Abstracts: Perceptions of banking services in the wake of bank mergers: an empirical study. Service on which you can bank
• Abstracts: Consumer education programs for mature consumers. The effectiveness of credit-card regulation for vulnerable consumers
• Abstracts: Equity and repurchase intention following service failure. The art of service recovery: fact or fiction?
• Abstracts: Effective Risk Management. Risk: liability or opportunity? Risk: identify, assess, act
• Abstracts: A plea for economic research to improve market efficiency: response to Joseph Coffey. Universities and agricultural biotechnology patent production

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.