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!

Register Today!

In Alberta (GFOA)

Outside Alberta

Course Content

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

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

Stephanie Porter is a Chartered Professional Accountant (CPA, CA) and external auditor with Metrix Group LLP.
She has a passion for education and is a course developer and instructor for the University of Alberta in addition to her work at Bloom.
She is the lead Associate of curriculum development and instruction for Bloom’s reporting and audit stream.

Tim Duhamel is the founder and President of Bloom Centre of Municipal Education.
He is a municipal veteran whose career has spanned over 21 years.
His passion is creating educational material and conducting lectures for municipal professionals. He has lectured as far away as Kiev, Ukraine for the Federation of Canadian Municipalities.

About the Author

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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.

Read More/Less

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.
Also covered: financial statement best practices, financial disclosure requirements, annual vs. interim disclosures, how full disclosure affects financial reporting, and understanding how auditors approach their work.

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

Read More/Less

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
- An overview of the disclosures in a condensed form of interim financial statements that are provided to Council and the public
- Learn how to ensure you are providing the right information to support decision making
- Learn how to utilize your financial statement disclosures to streamline the audit process
- Understand the importance of robust financial statement disclosures on the reporting and accountability cycle
- Disclosure example – sample note disclosures from other municipalities will be provided

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.

Who Should Attend?

Register Today!

In Alberta (GFOA)

Outside Alberta

BLOOM can customize courses for your needs.

Some topics include:

Financial Planning & Management
- Municipal risk and opportunity reviews
- Financial condition assessments
- Budget process reviews and development
- Priority based budgeting
- Program and service costing
- Operating budget forecasting and financial solution development
- Asset management
- Capital budget development and prioritization
- Capital plan development and prioritization
- Capital plan funding strategies (debt, grants, reserves, operating budget)
- Long term financial plan development
- Municipal price inflation (MPI) development
- User fee and permit reviews
- Development levy plans
- Grant research and application support

Strategic Business Planning
- Strategic plan facilitation and development
- Business plan facilitation and development
- Situational consulting and strategy development
- Facility project plans and feasibility studies

Education & Mentorship
- CAO mentorship and education
- Finance officer mentorship and education
- Council orientation and education
- Environmental education
- Communication and writing mentorship

Project & Change Management
- Project plans
- Change management plans and facilitation
- Services reviews

Advocacy
- Representation and negotiations
- Intermunicipal agreement reviews, frameworks and facilitation
- Intermunicipal negotiations

Communications
- Communication plans and strategies
- Facility sponsorship packages
- Narrative process development (budgets, strategic plans, business plans)
- Business plan writing
- Budget communication support
- Media releases
- Media strategy
- Newsletter development
- Public survey development
- Business case development

Environment
- Environmental education
- Environmental communication plans and strategies
- Climate change adaptation plan development
- Environmental strategic planning
- Environmental grant research and support

Questions? Get in touch…

Financial Statement Disclosures

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

Register Today!

Course Content

Course Info

Price:$175.00

PD Credits: 1.5

Category: Reporting

Updated: May 27, 2020

Duration: 1:34:01

Course Synopsis

About the Author

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

external auditor with Metrix Group LLP.

She has a passion for education and is a course developer and instructor for the University of Alberta in addition to her work at Bloom.

She is the lead Associate of curriculum development and instruction for Bloom’s reporting and audit stream.

About the Author

Tim Duhamel is the founder and President of Bloom Centre of

Municipal Education.

He is a municipal veteran whose career has spanned over 21 years.

His passion is creating educational material and conducting lectures for municipal professionals. He has lectured as far away as Kiev, Ukraine for the Federation of Canadian Municipalities.

About the Author

Tim Duhamel is the founder and President of Bloom Centre of Municipal Education.

He is a municipal veteran whose career has spanned over 21 years.

His passion is creating educational material and conducting lectures for municipal professionals. He has lectured as far away as Kiev, Ukraine for the Federation of Canadian Municipalities.

About the Author

Stephanie Porter is a Chartered Professional Accountant (CPA, CA) and external auditor with Metrix Group LLP.

She has a passion for education and is a course developer and instructor for the University of Alberta in addition to her work at Bloom.

She is the lead Associate of curriculum development and instruction for Bloom’s reporting and audit stream.

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.

Also covered: financial statement best practices, financial disclosure requirements, annual vs. interim disclosures, how full disclosure affects financial reporting, and understanding how auditors approach their work.

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

An overview of the disclosures in a condensed form of interim financial statements that are provided to Council and the public

Learn how to ensure you are providing the right information to support decision making

Learn how to utilize your financial statement disclosures to streamline the audit process

Understand the importance of robust financial statement disclosures on the reporting and accountability cycle

Disclosure example – sample note disclosures from other municipalities will be provided

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.

Register Today!

BLOOM can customize courses for your needs.

Some topics include:

Questions? Get in touch…