March
Project
Local Revenue Standards - First Draft
Background
All First Nations that choose to raise local revenues under the First Nations Fiscal Management Act (FMA) must account for, and report on, their local revenues, separately from other moneys.
Details
- Created the first draft of Financial Reporting Standards under section 55(1)(d) of the First Nations Fiscal Management Act (FMA) to support First Nations in the reporting of local revenues.
Deliverable
- 1st Draft of Local Revenue Standards