Directive on Accounting Standards: GC 2700 Segment Disclosures
States the Government of Canada's accounting policies for segment disclosures.
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 2700 Segment disclosures
B. Effective date
C. Government of Canada Consolidated Financial Statements
- As permitted by PS 2700.30, inter‑segment transfers are measured at the exchange amount.
- For the purposes of the Government of Canada consolidated financial statements, the government has determined that segmented information should be based on the ministry structure. This structure groups the activities of departments and agencies, Crown Corporations and other entities for which a Minister is responsible (PS 2700.07).
D. Departmental Financial Statements
- For Departmental Financial Statements, segmented information should be based on the Departmental Results Framework (PS 2700.07).