ONTARIO regulation 277/02

made under the

Municipal Act, 2001

Made: September 26, 2002
Filed: September 27, 2002
Printed in The Ontario Gazette: October 12, 2002

Standards ¾ Financial Statements

Criteria for preparing statements

1. A municipality shall, for each fiscal year, prepare annual financial statements for the municipality in accordance with generally accepted accounting principles for local governments as recommended, from time to time, by the Public Sector Accounting Board of the Canadian Institute of Chartered Accountants.

Commencement

2. This Regulation comes into force on January 1, 2003.

41/02