Financial Statement Disclosures

By Stephanie Porter, Tim Duhamel

Financial statement disclosures provide information about a municipality’s financial operations.  Learn how they are a key component of transparency in the municipal environment!

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Course Content

  1. Financial statement disclosures – what they are, why they are prepared and what level of detail should be included in your note disclosures
  2. Financial disclosures in depth review
  3. Financial disclosure requirements – disclosure checklist
  4. Annual vs. Interim disclosures
  5. Financial statement best practices – sample note disclosures provided
  6. Financial disclosures and the audit
  7. How full disclosure affects financial reporting
  8. No need to reinvent the wheel – sample note disclosures from other municipalities will be provided

Course Info


Price:$175.00

PD Credits: 1.5

Category: Reporting

Updated: May 27, 2020

Duration: 1:34:01


Course Synopsis

Financial Statement Disclosures

About the Author

Stephanie Porter is a Chartered Professional Accountant (CPA, CA) and

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About the Author

Tim Duhamel is the founder and President of Bloom Centre of

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About the Author

About the Author

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About the Author

About the Author

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Course Description

Financial statements and note disclosures are designed to provide information to stakeholders.  Learn about financial statement disclosure, what they are, why they are prepared and what level of detail should be included in your note disclosures.

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Learning Outcomes

  • Learn how to leverage disclosures to streamline financial statement preparation

  • In depth review of all financial statement disclosures required for municipalities under Public Sector Accounting Standards and the Municipal Government Act

  • Supplementary checklist of disclosures required by Public Sector Accounting Standards and the Municipal Government Act

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Who Should Attend?

A unique professional development experience that has benefit for all municipal staff, including small, medium and large municipalities!

Elected officials, municipal executives, and financial officers should have a strong understanding of disclosures and their purpose.

BLOOM can customize courses for your needs.

Some topics include:

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