Section PS 1201 - Financial Statement Presentation
January 01, 2021
This publication gives a high-level overview of Section PS 1201, Financial Statement Presentation, in the CPA Canada Public Sector Accounting Handbook.
The publication provides guidance on the structure and layout of financial statements prepared under PSAS. Items include:
- general reporting principles
- components of the financial statements
- reporting financial position
- reporting changes in financial position
- reporting legislative control and financial accountability.
There is also specific guidance on what should be included in each component of the financial statements.
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