害羞草研究所

Skip to content

B.C. auditor general cites 2 害羞草研究所榮ignificant errors害羞草研究所 in government害羞草研究所檚 final accounts

Pickup says revenues this year were understated by $7.67 billion
web1_20240823190856-e03ce433d9ddaf51152736de54cb184c1dbfae1b3f84a8f0afa53f7f7488b9aa
Auditor General Michael Pickup speaks at the legislature in Victoria, B.C., on March 19. British Columbia害羞草研究所檚 auditor general says he found two significant errors in the New Democrat government害羞草研究所檚 year-end financial statements. THE CANADIAN PRESS/Chad Hipolito

The office of British Columbia害羞草研究所檚 auditor general says he found two 害羞草研究所渟ignificant errors害羞草研究所 in the New Democrat government害羞草研究所檚 year-end public financial statements, but the Ministry of Finance says it害羞草研究所檚 been advised to continue using what it says are long-standing accounting practices.

Michael Pickup says in a statement the errors could mislead users of the financial statements, but does not suggest wrongdoing.

Finance Minister Katrine Conroy released the government害羞草研究所檚 audited financial statements Thursday for last fiscal year, which peg the province害羞草研究所檚 deficit at $5.035 billion, lower than a previous forecast of $5.9 billion.

Pickup, who was not available for further comment, says in the statement one error involves how the government reports money from the federal government and other sources, and the second relates to the province understating contractual obligations.

Pickup, whose office has previously stated similar concerns, says revenues this year were understated by $7.67 billion and liabilities overstated by the same amount, while contractual obligations that are part of long-term contracts were understated by $5.7 billion.

The Ministry of Finance says in a statement it will continue to work with the Office of the Auditor General on future financial statements.

害羞草研究所淭he auditor general has identified two points of reservation, both of which continue from the prior years,害羞草研究所 said the statement.

害羞草研究所淭he ministry reviews these recommendations each year and has taken the comptroller general害羞草研究所檚 advice not to make any changes to the long-standing practices in these areas.害羞草研究所

The Canadian Press

Breaking News You Need To Know

Sign up for free account today and start receiving our exclusive newsletters.

Sign Up with google Sign Up with facebook

This site is protected by reCAPTCHA and the Google and apply.

Reset your password

This site is protected by reCAPTCHA and the Google and apply.

A link has been emailed to you - check your inbox.



Don't have an account? Click here to sign up




(or

害羞草研究所

) document.head.appendChild(flippScript); window.flippxp = window.flippxp || {run: []}; window.flippxp.run.push(function() { window.flippxp.registerSlot("#flipp-ux-slot-ssdaw212", "Black Press Media Standard", 1281409, [312035]); }); }