March 2023
Proposed Changes to the 2023 Financial Information Return

2023-03-10 3:19:47 PM

CATEGORIES: Finance

The Ministry of Municipal Affairs and Housing (MMAH) is updating the 2023 Financial Information Return (FIR) to reflect recent Public Sector Accounting Standard Changes, among other changes.

Changes are proposed to Schedules 10, 51, 53, 54B and 70, and two new Statements are proposed.

Questions to consider when reviewing the proposed changes to the 2023 FIR include:

  • Have the proposed PSAB-related changes adequately captured the changes reflected in the new PSAB standards?
  • Are there any PSAB-related changes that you feel were missed, including changes in FIR schedules not included in the draft 2023 FIR?
  • What are your thoughts on the proposed non-PSAB related changes, specifically, streamlining Schedule 51 Tangible Capital Assets.
  • Are there any suggested changes (either PSAB-related changes or non-PSAB-related improvements) that the Ministry should consider for the 2023 FIR?
The Ministry is inviting interesting parties to provide feedback on proposed changes by April 30, 2023 to FIR.MAH@ontario.ca or by completing a short survey.

Draft 2023 Financial Information Return
Survey re Proposes Changes to the 2023 FIR
2023 FIR Proposed Changes Questions & Answers
 


 


Comments
Blog post currently doesn't have any comments.