Directive on Accounting Standards: GC 2400 Subsequent Events
States the Government of Canada's accounting policies for subsequent events.
Date modified: 2023-05-01
Hierarchy
Note to reader
This document is part of the Appendix A of the Directive on Accounting Standards.
A. Primary PSAS reference
- PS 2400 Subsequent events
B. Effective date
C. Government of Canada Consolidated Financial Statements
- For the purposes of the Government of Canada Consolidated Financial Statements, the completion date as identified in PS 2400.09A is defined as the date on which the financial statements are approved by the signatories.
- Further direction is provided annually to departments in the Year-End Call Letter issued by the Office of the Comptroller General of Canada: Departmental Financial Reporting Requirements related to the Public Accounts for the fiscal year ending - March 31, 20XX.
D. Departmental Financial Statements
- For the purposes of Departmental Financial Statements, the completion date as identified in PS 2400.09A is defined as the date on which the financial statements are approved by the Deputy Head and Chief Financial Officer.