Audit of the interdepartmental settlements process : final report / Internal Audit and Evaluation Bureau.: BT66-62/2013E-PDF
"An interdepartmental settlement (IS (interdepartmental settlement)) is a financial transaction that occurs between two federal government departments and agencies. It is a non-cash transaction—no cash is exchanged. Using a processing mechanism unique to the Government of Canada, a financial entry is created so that departments can transfer incurred costs between one another or collect revenue from one another. The associated financial entries are then recorded in each department’s financial system and reflected in their financial statements and in the Public Accounts of Canada. IS (interdepartmental settlement) transactions have a significant impact on the Treasury Board of Canada Secretariat’s (the Secretariat’s) financial statements, given the high dollar value associated with these transactions"--Executive summary, p. 2.
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.853275&sl=0
| Department/Agency | Canada. Treasury Board. Internal Audit and Evaluation Bureau. |
|---|---|
| Title | Audit of the interdepartmental settlements process : final report / Internal Audit and Evaluation Bureau. |
| Publication type | Monograph |
| Language | [English] |
| Other language editions | [French] |
| Format | Electronic |
| Electronic document | |
| Note(s) | "Published: 2013-00-22." "Approved July 24, 2013"--p. 1. Title from caption. Issued also in HTML format. Issued also in French under title: Audit du processus des règlements interministériels : rapport final. |
| Publishing information | Ottawa : Treasury Board of Canada, Secretariat, 2013. |
| Description | 27 p. |
| ISBN | 978-0-660-25664-1 |
| Catalogue number |
|
| Subject terms | Federal government Transfer payments Audit |