Unit 1: Governance and Decision-Making Processes
• Explain the typical legislative authorities and provisions defining how governments receive, disburse and manage public funds.
• Explain the elements of governance and decision-making in public sector environments, including how government staff work and communicate with elected officials and their staff, including federal members of Parliament, members of provincial parliaments and city councillors.
• Understand government stakeholders, including the public, and their expectations of accountability, transparency, value for money and sustainability of taxpayer-funded spending.
• CPA Canada Public Sector Accounting Handbook: Introduction to Public Sector Accounting Standards
• Financial Administration Act
• City of Corner Brook Act
• Fiscal Transparency and Accountability Act
• Values and Ethics Code for the Public Sector
• Public Sector Governance – A Guide to the Principles of Good Practice
• 20 Questions About Government Financial Reporting - PSAB
Unit 2: The Planning and Budgeting Process
• Explain the government planning and budgeting process culminating in its annual budget.
• Describe the steps in the government planning and budgeting process.
• An Overview of the Canadian Budget Process, Parliamentary Centre
• Ontario Ministry of Finance – Introduction to the 2017-2018 Estimates
Unit 3: Government Operating and Capital Budgets
• Understand the difference between operating and capital budgets, and between funding for operations versus funding for capital.
• Prepare a budget component for a program, division or other small segment that will be rolled up into the overall budget.
• City of Vancouver 2011-2021 Capital Strategic Outlook
• Measuring the Full Cost of Government Service, Government Finance Officers Association
• Treasure Board of Canada Secretariat: Guidelines on Costing
Unit 4: Public Sector Accounting and Reporting
• Understand public sector accounting as a basis of government financial reporting and the role of sovereign governments in that regard.
• Explain and prepare, or support the preparation of, the statements, notes, schedules and other components of a typical set of Public Accounts.
• Evaluate which government agencies, government business enterprises and other government organizations are part of the Government Reporting Entity (GRE).
• Evaluate whether an organization needs to be consolidated with its host ministry or department and perform consolidations where indicated.
• Apply public sector GAAP to government transactions.
• Explain and account for all government revenues, including taxes, transfers and non-tax revenue.
• Describe the different types of government transfer payments.
• CPA Canada Public Sector Accounting Handbook: Public Sector Accounting Standards/Concepts & Principles
• Public Accounts of Canada 2017, Volume 1 – Summary Report and Consolidated Financial Statements
• CPA Canada Public Sector Accounting Handbook: PS1100, PS1200
• 20 Questions About the Government Reporting Entity
• CPA Canada Public Sector Accounting Handbook: PS1300
• CPA Canada Public Sector Accounting Handbook: PS2500, PS2510
• CPA Canada Public Sector Accounting Handbook: PS2100-PS2700
• CPA Canada Public Sector Accounting Handbook: PS 3060, PS 3070, PS3230, PS3250, PS 3255
• CPA Canada Public Sector Accounting Handbook: PS 3410, PS3510
Unit 5: Decision Support
• Use financial analysis of program-specific financial reports and annual financial statements to assess the financial strength of agencies and not-for-profit organizations delivering government programs.
• Compare and contrast performance measurement in government, not-for-profit and for-profit organizations.
• CPA Canada Public Sector Accounting Handbook: PS4200-PS4220
• Ontario Youth Apprenticeship Program (OYAP): Audit and Accountability Requirements for Recipients
• The Conestoga College Institute of Technology and Advanced Learning 2015 Financial Statements
• CPA Canada Public Sector Accounting Handbook: PS1100
• CPA Canada Public Sector Accounting Handbook: Statements of Recommended Practice
Unit 6: Auditing
• Describe the concept of public sector auditing and the accountability relationship with the public.
• Assess financial, control and related risks associated with government program delivery, including third-party organizations such as agencies.
• Identify process weaknesses and recommend appropriate financial and internal controls to address identified weaknesses.
• Apply internal audit procedures to assess value for money in government program delivery.
• Understand the types of internal and external audits most frequently encountered in a public-sector context.
• Explain the methodology applied in these engagements including value-for-money audits (versus audits that focus on fair presentation).
• CPA Canada Public Sector Accounting Handbook: Assurance: CAS 315
• Auditor General Act
• Canadian Auditing Standards CAS 610: Using the Work of Internal Auditors, Application and Other Explanatory Material: A1 Definition of Internal Audit Function
• Internal Audit Manual, Indigenous and Northern Affairs Canada
• Report of the Auditor General to the House of Commons, Chapter 2, Governance of Small Federal Entities
• Value-for-Money Audit Manual, Office of the Auditor General of Canada, 2000