Expenditures
Employees pay are what type of expense
What are wages/salaries/payroll
The most liquid type of asset
What is cash
Annual audit due date
When is July 29
The funds from provincial casinos
Who is the Ontario First Nations Limited Partnership
A report that explains the in's and out's of cash
What is a Cashflow Statement
The fees paid for education
What are tuition fees
When an individuals owes funds, what is the account type
What is Accounts Receivable
When is April 01st to March 31st
A funder of home construction
Who is CMHC - Canada Mortgage & Housing Corporation
Who is the Chief and who is the Executive Director
What is training
This cash that has a specific purpose
What is restricted cash (funds)
An audit firm senior employee
Who is a Partner at the audit firm
The name of funding program of ISC funds over a 5 or 10 year period
What is an NRF grant (new relationship fund)
The note that includes amortization
What is Tangible Capital Assets
Purchases and use of a service/product that is expensed up to 12 months
What are Prepaid Expenses
An asset that may be leased or purchased, usually for a 5 year period
What are vehicles
When expenditures exceed revenue
What is a deficit
What is accrual accounting
The document that contains Financial Assets and Financial Liabilities
What is a Statement of Financial Position
An equipment purchase over $10,000 is not expensed, but ....
What is capitalized
These infrastructure builds are for community members to reside in
What is a house
Official examination of accounts - (origin of a Latin word)
What is an Audit
Funds are received March 31st and utilized in the next fiscal year
What is deferred revenue
The name of report that contains the auditors opinion
What is an Auditors report