Canadian Journal of Administrative Sciences - Revue Canadienne des Sciences de l'Administration
Call for Papers
Special Issue: Government Accounting, Auditing and Accountability: a Canadian Perspective
Guest Editor: Ron Baker, Associate Professor (Accounting) University of Guelph
Aims and Scope
Government accounting and reporting protects the public interest by helping to hold governments accountable and to manage public money (Chan 2003). In 2018, The Public Sector Accounting Board of Canada released its Statement of Concepts for a revised conceptual framework for the Canadian public sector. The document presents public sector accounting concepts, principles, guidelines, objectives and definitions. This document is the culmination of a considerable amount of work done by the Board and its predecessors since the formation of the committee in 1981 to develop government accounting standards. Prior to this, governments in Canada followed their own, often diverse, practices (Baker and Rennie, 2018). In the 1970s, the Auditor General could not provide an opinion on the financial statements of the federal government of Canada due to a lack of standards (ibid). A commentary on the 2017-2018 financial audits, however, noted that the Federal Government’s financial statements had received the 20th clean audit in a row (Office of the Auditor General, 2018). Read More