Financial Statements for the Year Ended March 31, 2023: Canada Border Services Agency
Table of contents
- Statement of management responsibility including internal control over financial reporting
- Canada Border Services Agency: Agency Activities
- Statement of financial position (unaudited) as at March 31
- Statement of operations and departmental net financial position (unaudited) for the year ended March 31
- Statement of change in departmental net debt (unaudited) for the year ended March 31
- Statement of cash flows (unaudited) for the year ended March 31
- Notes to the financial statements (unaudited) for the year ended March 31
- 1. Authority and objectives
- 2. Summary of significant accounting policies
- 3. Parliamentary authorities
- 4. Accounts payable and accrued liabilities
- 5. Environmental liabilities
- 6. Deposit accounts
- 7. Employee future benefits
- 8. Accounts receivable and advances
- 9. Tangible capital assets
- 10. Contractual obligations
- 11. Contingent liabilities
- 12. Related party transactions
- 13. Segmented information
- Canada Border Services Agency: Administered activities
- Statement of administered assets and liabilities (unaudited)
- Statement of administered revenues (unaudited)
- Statement of administered cash flows (unaudited)
- Notes to the financial statements (unaudited) for the year ended March 31: Administered activities
- 1. Authority and objectives: Administered activities
- 2. Summary of significant accounting policies: Administered activities
- 3. Accounts receivable: External parties
- 4. Accounts payable: Provinces
- 5. Deposit accounts: Administered activities
- 6. Net amount due to the Consolidated Revenue Fund of the Government of Canada
- 7. Contingent liabilities
- 8. Excise taxes
- 9. Related party transactions
- Annex to the statement of management responsibility including internal control over financial reporting fiscal year 2022 to 2023
Statement of management responsibility including internal control over financial reporting
Responsibility for the integrity and objectivity of the accompanying financial statements for the year ended , and all information contained in these statements rests with the management of the Canada Border Services Agency (CBSA). These financial statements have been prepared by management using the Government's accounting policies, which are based on Canadian public sector accounting standards.
Management is responsible for the integrity and objectivity of the information in these financial statements. Some of the information in the financial statements is based on management's best estimates and judgment, and gives due consideration to materiality. To fulfill its accounting and reporting responsibilities, management maintains a set of accounts that provides a centralized record of the CBSA's financial transactions. Financial information submitted in the preparation of the Public Accounts of Canada, and included in the CBSA's Departmental Performance Report, is consistent with these financial statements.
Management is also responsible for maintaining an effective system of internal control over financial reporting (ICFR) designed to provide reasonable assurance that financial information is reliable, that assets are safeguarded and that transactions are properly authorized and recorded in accordance with the Financial Administration Act and other applicable legislation, regulations, authorities and policies.
Management seeks to ensure the objectivity and integrity of data in its financial statements through careful selection, training, and development of qualified staff; through organizational arrangements that provide appropriate divisions of responsibility; through communication programs aimed at ensuring that regulations, policies, standards, and managerial authorities are understood throughout the CBSA and through conducting an annual risk-based assessment of the effectiveness of the system of ICFR.
The system of ICFR is designed to mitigate risks to a reasonable level based on an on-going process to identify key risks, to assess effectiveness of associated key controls, and to make any necessary adjustments.
A risk-based assessment of the system of ICFR for the year ended was completed in accordance with the Treasury Board Policy on Financial Management and the results and action plans are summarized in the annex.
The effectiveness and adequacy of the CBSA's system of internal controls is reviewed by the work of internal audit staff, who conduct periodic audits of different areas of CBSA's operations, and by the Departmental Audit Committee, which oversees management's responsibilities for maintaining adequate control systems and the quality of financial reporting, and which recommends the financial statements to the President of the CBSA.
The financial statements of the CBSA have not been audited.
Erin O'Gorman, President
Ottawa, Canada
Jonathan Moor, Chief Financial Officer
Ottawa, Canada
Canada Border Services Agency (Agency Activities)
| 2023 | 2022 | |
|---|---|---|
| Liabilities | ||
| Accounts payable and accrued liabilities (note 4) | 278,449 | 257,006 |
| Vacation pay and compensatory leave | 108,525 | 111,350 |
| Deposit accounts (note 6) | 33,085 | 33,722 |
| Environmental liabilities (note 5) | 700 | 376 |
| Provision for claims and litigation (note 11) | 2,411 | 4,905 |
| Employee future benefits (note 7) | 38,629 | 43,876 |
| Total liabilities | 461,799 | 451,235 |
| Financial assets | ||
| Due from Consolidated Revenue Fund | 251,952 | 239,365 |
| Accounts receivable and advances (note 8) | 39,606 | 28,786 |
| Total gross financial assets | 291,558 | 268,151 |
| Financial assets held on behalf of Government | ||
| Accounts receivable and advances (note 8) | (4,448) | (2,724) |
| Total financial assets held on behalf of Government | (4,448) | (2,724) |
| Total net financial assets | 287,110 | 265,427 |
| Departmental net debt | 174,689 | 185,808 |
| Non-financial assets | ||
| Tangible capital assets (note 9) | 1,130,155 | 1,075,645 |
| Total non-financial assets | 1,130,155 | 1,075,645 |
| Departmental net financial position | 955,466 | 889,837 |
|
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Erin O'Gorman, President
Ottawa, Canada
Jonathan Moor, Chief Financial Officer
Ottawa, Canada
| 2023 planned results | 2023 | 2022 | |
|---|---|---|---|
| Expenses | |||
| Border management | 1,706,091 | 1,770,194 | 1,746,933 |
| Internal services | 453,131 | 610,818 | 563,499 |
| Border enforcement | 346,406 | 374,098 | 325,622 |
| Total expenses | 2,505,628 | 2,755,110 | 2,636,054 |
| Revenues | |||
| Sales of goods and services | 25,180 | 29,260 | 19,079 |
| Miscellaneous revenues | 1,596 | 3,287 | 1,986 |
| Revenues earned on behalf of Government | (2,746) | (5,456) | (3,275) |
| Total revenues | 24,030 | 27,091 | 17,790 |
| Net cost of operations before government funding and transfers | 2,481,598 | 2,728,019 | 2,618,264 |
| Government funding and transfers | |||
| Net cash provided by Government | 2,574,092 | 2,391,064 | |
| Services provided without charge by other government departments (note 12) | 206,969 | 213,049 | |
| Change in due from Consolidated Revenue Fund | 12,587 | 85,122 | |
| Net cost of operations after government funding and transfers | (65,629) | (70,971) | |
| Departmental net financial position: Beginning of year | 889,837 | 818,866 | |
| Departmental net financial position: End of year | 955,466 | 889,837 | |
|
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| 2023 | 2022 | |
|---|---|---|
| Net cost of operations after government funding and transfers | (65,629) | (70,971) |
| Change due to tangible capital assets | ||
| Acquisition of tangible capital assets | 174,085 | 146,370 |
| Amortization of tangible capital assets | (111,645) | (106,173) |
| Proceeds from disposal of tangible capital assets | (1,018) | (728) |
| Net loss on disposal of tangible capital assets | (6,800) | (1,864) |
| Adjustments to tangible capital assets | (112) | 1,549 |
| Total change due to tangible capital assets | 54,510 | 39,154 |
| Net decrease in departmental net debt | (11,119) | (31,817) |
| Departmental net debt: Beginning of year | 185,808 | 217,625 |
| Departmental net debt: End of year | 174,689 | 185,808 |
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| 2023 | 2022 | |
|---|---|---|
| Operating activities | ||
| Net cost of operations before government funding and transfers | 2,728,019 | 2,618,264 |
| Non-cash items | ||
| Services provided without charge by other government departments (note 12) | (206,969) | (213,049) |
| Amortization of tangible capital assets | (111,645) | (106,173) |
| Net loss on disposal of tangible capital assets | (6,800) | (1,864) |
| Adjustments to tangible capital assets | (112) | 1,549 |
| Variations in statement of financial position | ||
| Increase (decrease) in accounts receivable and advances | 9,096 | (2,156) |
| Increase in liabilities | (10,564) | (51,149) |
| Cash used in operating activities | 2,401,025 | 2,245,422 |
| Capital investing activities | ||
| Acquisition of tangible capital assets | 174,085 | 146,370 |
| Proceeds from disposal of tangible capital assets | (1,018) | (728) |
| Cash used in capital investing activities | 173,067 | 145,642 |
| Net cash provided by Government of Canada | 2,574,092 | 2,391,064 |
|
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Notes to the financial statements (unaudited) for the year ended March 31
1. Authority and objectives
The Canada Border Services Agency (CBSA) provides integrated border services that support national security priorities and facilitate the free flow of people and goods. The Canada Border Services Agency Act received royal assent on . The CBSA is a departmental corporation named in Schedule II of the Financial Administration Act and reports to Parliament through the Minister of Public Safety. The CBSA is funded through authorities from the Government of Canada.
The CBSA is responsible for the administration and enforcement of the following acts or portions of these acts: the Customs Act, the Customs Tariff, the Excise Act, the Excise Tax Act, the Citizenship Act, the Immigration and Refugee Protection Act, as well as other acts on behalf of other federal departments and provinces.
For financial reporting purposes, the activities of the CBSA have been divided into two sets of financial statements: Agency Activities and Administered Activities. The Agency Activities financial statements include those operational revenues and expenses which are managed by the CBSA and utilized in operating the organization. The Administered Activities financial statements report on tax and non-tax revenues, assets and liabilities administered on behalf of the federal, provincial and territorial governments. One reason for the distinction between Agency Activities and Administered Activities is to facilitate the assessment of the administrative efficiency of the CBSA in achieving its mandate.
In delivering efficient and effective border management that contributes to the security and prosperity of Canada, the CBSA operates under the following core responsibilities:
(a) Border management: The Canada Border Services Agency assesses risk to identify threats, manages the free flow of admissible travellers and commercial goods into, through and out of Canada, and manages non-compliance.
(b) Border enforcement: The Canada Border Services Agency contributes to Canada's security by supporting the immigration and refugee system when determining a person's admissibility to Canada, taking the appropriate immigration enforcement actions when necessary, and supporting the prosecution of persons who violate our laws.
(c) Internal services: Internal support services are groups of related activities and resources that are administered to support the needs of programs and other corporate obligations of an organization. Internal Services include only those activities and resources that apply across an organization and not to those provided specifically to a program.
2. Summary of significant accounting policies
These financial statements are prepared using the department's accounting policies stated below, which are based on Canadian public sector accounting standards. The presentation and results using the stated accounting policies do not result in any significant differences from Canadian public sector accounting standards.
Significant accounting policies are as follows:
(a) Parliamentary authorities: The Department is financed by the Government of Canada through Parliamentary authorities. Financial reporting of authorities provided to the Department do not parallel financial reporting according to generally accepted accounting principles since authorities are primarily based on cash flow requirements. Consequently, items recognized in the Statement of Operations and Departmental Net Financial Position and in the Statement of Financial Position are not necessarily the same as those provided through authorities from Parliament. Note 3 provides a reconciliation between the bases of reporting.
The planned results amounts in the "Expenses" and "Revenues" sections of the Statement of Operations and Departmental Net Financial Position are the amounts reported in the Future-oriented Statement of Operations included in the 2022 to 2023 Departmental Plan. Planned results are not presented in the "Government funding and transfers" section of the Statement of Operations and Departmental Net Financial Position and in the Statement of Change in Departmental Net Debt because these amounts were not included in the 2022 to 2023 Departmental Plan.
(b) Net cash provided by Government: The Department operates within the Consolidated Revenue Fund (CRF), which is administered by the Receiver General for Canada. All cash received by the Department is deposited to the CRF, and all cash disbursements made by the Department are paid from the CRF. The net cash provided by Government is the difference between all cash receipts and all cash disbursements, including transactions between departments of the Government.
(c) Amounts due from or to the CRF: These amounts are the result of timing differences at year-end between when a transaction affects authorities and when it is processed through the CRF. Amounts due from the CRF represent the net amount of cash that the Department is entitled to draw from the CRF without further authorities to discharge its liabilities.
d) Revenues: Revenues from regulatory fees are recognized based on the services provided in the year.
Miscellaneous revenues are recognized in the period the event giving rise to the revenues occurred. Revenues that are non-respendable are not available to discharge the Department's liabilities.
While the President of the CBSA is expected to maintain accounting control, the President has no authority regarding the disposition of non-respendable revenues. As a result, non-respendable revenues are considered to be earned on behalf of the Government of Canada and are therefore presented as a reduction of the entity's gross revenues.
(e) Expenses: Expenses are recorded on an accrual basis:
Vacation pay and compensatory leave are accrued as the benefits are earned by employees under their respective terms of employment.
Services provided without charge by other government departments for accommodation, employer contributions to the health and dental insurance plans, legal services and workers' compensation are recorded as operating expenses at their carrying value.
(f) Employee future benefits:
- i. Pension benefits: Eligible employees participate in the Public Service Pension Plan, a multiemployer pension plan administered by the Government. The Department's contributions to the Plan are charged to expenses in the year incurred and represent the total departmental obligation to the Plan. The Department's responsibility with regard to the Plan is limited to its contributions. Actuarial surpluses or deficiencies are recognized in the financial statements of the Government of Canada, as the Plan's sponsor.
- ii. Severance benefits: The accumulation of severance benefits for voluntary departures ceased for applicable employee groups. The remaining obligation for employees who did not withdraw benefits is calculated using information derived from the results of the actuarially determined liability for employee severance benefits for the Government as a whole.
(g) Accounts receivable and advances: Accounts receivable and advances are initially recorded at cost. When necessary, an allowance for valuation is recorded to reduce the carrying value of accounts receivable and advances to amounts that approximate their net recoverable value.
(h) Non-financial assets: The costs of acquiring land, buildings, equipment and other capital property are capitalized as tangible capital assets and, except for land, are amortized to expense over the estimated useful lives of the assets, as described in Note 9. All tangible capital assets and leasehold improvements having an initial cost of $10,000 or more are recorded at their acquisition cost. Tangible capital assets do not include immovable assets located on reserves as defined in the Indian Act, works of art, museum collection and Crown land to which no acquisition cost is attributable; and intangible assets.
(i) Contingent liabilities: Contingent liabilities are potential liabilities which may become actual liabilities when one or more future events occur or fail to occur. If the future event is likely to occur or fail to occur, and a reasonable estimate of the loss can be made, a provision is accrued and an expense recorded to other expenses. If the likelihood is not determinable or an amount cannot be reasonably estimated, the contingency is disclosed in the notes to the financial statements.
j) Environmental liabilities: An environmental liability for the remediation of contaminated sites is recognized when all the following criteria are satisfied: an environmental standard exists, contamination exceeds the environmental standard, the Government is directly responsible or accepts responsibility, it is expected that future economic benefits will be given up and a reasonable estimate of the amount can be made. The liability reflects the Government's best estimate of the amount required to remediate the sites to the current minimum standard for its use prior to contamination.
The recorded liabilities are adjusted each year, as required, for inflation, new obligations, changes in management estimates and actual costs incurred.
If the likelihood of the Government's responsibility is not determinable, a contingent liability is disclosed in the notes to the consolidated statements.
(k) Measurement uncertainty: The preparation of these financial statements requires management to make estimates and assumptions that affect the reported and disclosed amounts of assets, liabilities, revenues and expenses reported in the financial statements and accompanying notes at March 31. The estimates are based on facts and circumstances, historical experience, general economic conditions and reflect the Government's best estimate of the related amount at the end of the reporting period. The most significant items where estimates are used are contingent liabilities, environmental liabilities, the liability for employee future benefits, the allowance for doubtful accounts and the useful life of tangible capital assets. Actual results could significantly differ from those estimated. Management's estimates are reviewed periodically and, as adjustments become necessary, they are recorded in the financial statements in the year they become known.
(l) Related party transactions, other than inter-entity transactions, are recorded at the exchange amount.
Inter-entity transactions are transactions between commonly controlled entities. Inter-entity transactions, other than restructuring transactions, are recorded on a gross basis and are measured at the carrying amount, except for the following:
- i. Services provided on a recovery basis are recognized as revenues and expenses on a gross basis and measured at the exchange amount.
- ii. Certain services received on a without charge basis are recorded for departmental financial statement purposes at the carrying amount.
3. Parliamentary authorities
The Department receives most of its funding through annual parliamentary authorities. Items recognized in the Statement of Operations and Departmental Net Financial Position and the Statement of Financial Position in one year may be funded through parliamentary authorities in prior, current or future years. Accordingly, the Department has different net results of operations for the year on a government funding basis than on an accrual accounting basis. The differences are reconciled in the following tables:
| 2023 | 2022 | |
|---|---|---|
| Net cost of operations before government funding and transfers | 2,728,019 | 2,618,264 |
| Adjustments for items affecting net cost of operations but not affecting authorities: | ||
| Services provided without charge by other government departments | (206,969) | (213,049) |
| Amortization of tangible capital assets | (111,645) | (106,173) |
| Refund and adjustments to prior years' expenditures | 6,842 | 4,496 |
| Net loss on disposal of tangible capital assets | (6,800) | (1,864) |
| Decrease in employee future benefits | 5,247 | 4,661 |
| Decrease in vacation pay and compensatory leave | 2,825 | 7,534 |
| (Increase) decrease in environmental liabilities | (186) | 1,069 |
| Decrease in claims and litigation | 2,494 | 17,897 |
| Increase in accrued liabilities not charged to authorities | (5,627) | (99) |
| Bad debt expense | 544 | 61 |
| Other | 6,731 | 279 |
| Total items affecting net cost of operations but not affecting authorities | (306,544) | (285,188) |
| Adjustments for items not affecting net cost of operations but affecting authorities: | ||
| Acquisition of tangible capital assets | 174,085 | 146,370 |
| Proceeds from disposal of tangible capital assets | (1,018) | (728) |
| Total items not affecting net cost of operations but affecting authorities | 173,067 | 145,642 |
| Current year authorities used | 2,594,542 | 2,478,718 |
| 2023 | 2022 | |
|---|---|---|
| Authorities provided: | ||
| Vote 1: Operating expenditures | 2,350,987 | 2,368,461 |
| Vote 5: Capital expenditures | 266,885 | 253,190 |
| Statutory and other amounts | 241,787 | 227,874 |
| Less: | ||
| Authorities available for future years | (147,657) | (178,643) |
| Lapsed: Operating | (72,143) | (126,212) |
| Lapsed: Capital | (45,317) | (65,952) |
| Current year authorities used | 2,594,542 | 2,478,718 |
4. Accounts payable and accrued liabilities
| 2023 | 2022 | |
|---|---|---|
| Accounts payable: Other government departments and agencies | 52,987 | 61,654 |
| Accounts payable: External parties | 49,829 | 60,231 |
| Total accounts payable | 102,816 | 121,885 |
| Accrued liabilities | 175,633 | 135,121 |
| Total accounts payable and accrued liabilities | 278,449 | 257,006 |
5. Environmental liabilities
Remediation of contaminated sites
The Government's "Federal Approach to Contaminated Sites" sets out a framework for management of contaminated sites using a risk-based approach. Under this approach the Government has inventoried the contaminated sites identified on federal lands, allowing them to be classified, managed and recorded in a consistent manner. This systematic approach aides in the identification of the high risk sites in order to allocate limited resources to those sites which pose the highest risk to human health and the environment.
The Department has identified 5 sites (5 sites in 2022) where contamination may exist and assessment, remediation and monitoring may be required. Of these, the Department has assessed 4 sites (4 sites in 2022) where action is required and for which a gross liability of $562 thousand ($376 thousand in 2022) has been recorded. This liability estimate has been determined based on site assessments performed by environmental experts.
In addition, there is 1 site that has not been assessed by environmental experts (0 sites in 2022) for which the department has estimated and recorded a liability of $138 thousand (Nil in 2022).
These two estimates combined, totaling $700 thousand ($376 thousand in 2022), represents management's best estimate of the costs required to remediate sites to the current minimum standard for its use prior to contamination, based on information available at the financial statement date.
The following table presents the total estimated amounts of these liabilities by nature and source as at and :
| Nature and source | Number of sites 2023 | Estimated liability 2023Footnote 4 | Number of sites 2022 | Estimated liability 2022Footnote 4 |
|---|---|---|---|---|
| Fuel related practicesFootnote 1 | 3 | 472 | 3 | 366 |
| Landfill / Waste sites Footnote 2 | 1 | 138 | 0 | 0 |
| Office/Commercial/Industrial OperationsFootnote 3 | 1 | 90 | 1 | 10 |
| Totals | 5 | 700 | 4 | 376 |
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The Department's ongoing efforts to assess contaminated sites may result in additional environmental liabilities.
6. Deposit accounts
The Immigration guarantee fund serves to record amounts collected and held, pending final disposition either by refund to the original depositor or forfeiture to the Crown, pursuant to the provisions of the Immigration and Refugee Protection Act.
The General security deposits account serves to record general security deposits from transportation companies in accordance with the provisions of the Immigration and Refugee Protection Act.
The following table presents details on the deposit accounts:
| Opening balance | Deposits | Refunds | Forfeitures | Closing balance | |
|---|---|---|---|---|---|
| Immigration guarantee fund | 25,545 | 6,299 | (5,230) | (1,555) | 25,059 |
| General security deposits | 8,177 | – | (151) | – | 8,026 |
| Total deposit accounts | 33,722 | 6,299 | (5,381) | (1,555) | 33,085 |
7. Employee future benefits
(a) Pension benefits
The Department's employees participate in the Public Service Pension Plan (the "Plan"), which is sponsored and administered by the Government of Canada. Pension benefits accrue up to a maximum period of 35 years at a rate of 2 percent per year of pensionable service, times the average of the best five consecutive years of earnings. The benefits are integrated with Canada/Québec Pension Plan benefits and they are indexed to inflation.
Both the employees and the Department contribute to the cost of the Plan. Due to the amendment of the Public Service Superannuation Act following the implementation of provisions related to Economic Action Plan 2012, employee contributors have been divided into two groups – Group 1 relates to existing plan members as of and Group 2 relates to members joining the Plan as of . Each group has a distinct contribution rate.
The 2022 to 2023 expense amounts to $157,192 thousand ($153,345 thousand in 2021 to 2022). For Group 1 members, the expense represents approximately 1.02 times (1.01 times in 2021 to 2022) the employee contributions and, for Group 2 members, approximately 1.00 times (1.00 times in 2021 to 2022) the employee contributions.
The Department's responsibility with regard to the Plan is limited to its contributions. Actuarial surpluses or deficiencies are recognized in the Consolidated Financial Statements of the Government of Canada, as the Plan's sponsor.
(b) Severance benefits
Severance benefits provided to the Department's employees were previously based on an employee's eligibility, years of service and salary at termination of employment. However, since 2011 the accumulation of severance benefits for voluntary departures progressively ceased for substantially all employees. Employees subject to these changes were given the option to be paid the full or partial value of benefits earned to date or collect the full or remaining value of benefits upon departure from the public service. By , substantially all settlements for immediate cash out were completed. Severance benefits are unfunded and, consequently, the outstanding obligation will be paid from future authorities.
The changes in obligations during the year were as follows:
| 2023 | 2022 | |
|---|---|---|
| Accrued benefit obligation, beginning of year | 43,876 | 48,537 |
| Expense for the year | (2,030) | (2,084) |
| Benefits paid during the year | (3,217) | (2,577) |
| Accrued benefit obligation, end of year | 38,629 | 43,876 |
8. Accounts receivable and advances
The following table presents details of the accounts receivable and advances:
| 2023 | 2022 | |
|---|---|---|
| Receivables: Other government departments and agencies | 24,412 | 16,097 |
| Receivables: External parties | 3,304 | 3,291 |
| Employee advances and other receivables | 13,065 | 11,265 |
| 40,781 | 30,653 | |
| Allowance for doubtful accounts | (1,175) | (1,867) |
| Gross accounts receivable | 39,606 | 28,786 |
| Accounts receivable held on behalf of Government | (4,448) | (2,724) |
| Net accounts receivable | 35,158 | 26,062 |
9. Tangible capital assets
Amortization of tangible capital assets is done on a straight-line basis over the estimated useful life of the asset as follows:
| Asset class | Amortization period |
|---|---|
| Buildings | 30 years |
| Works and infrastructure | 40 years |
| Machinery and equipment | 10 years |
| Informatics hardware | 5 years |
| Informatics software | |
| Purchased software | 3 years |
| In-house developed software | 7 years |
| Vehicles | |
| Motor vehicles | 5 years |
| Ships and boats | 10 years |
| Leasehold improvements | Over the useful life of the improvement or lease term, whichever is shorter |
| Assets under construction | Once in service, in accordance with asset type |
Assets under construction are recorded in the applicable asset class in the year they are put into service and are not amortized until they are put into service.
The following table presents details of the tangible capital assets (in thousands of dollars):
| Cost | Accumulated amortization | 2023 | 2022 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Capital asset class | Opening balance | Acquisitions | Adjustments | Disposals and write-offs | Closing balance | Opening balance | Amortization | Adjustments | Disposals and write-offs | Closing balance | Net book value | Net book value |
| Land | 9,157 | – | 944 | – | 10,101 | – | – | – | – | – | 10,101 | 9,157 |
| Buildings | 602,921 | 188 | 65,715 | – | 668,824 | 254,841 | 19,971 | – | – | 274,812 | 394,012 | 348,080 |
| Leasehold improvements | 51,312 | – | 3,639 | – | 54,951 | 41,165 | 3,228 | – | – | 44,393 | 10,558 | 10,147 |
| Works and infrastructure | 11,437 | 155 | 4,240 | – | 15,832 | 4,375 | 636 | – | – | 5,011 | 10,821 | 7,062 |
| Machinery and equipment | 138,192 | 5,811 | (1,110) | 1,853 | 141,040 | 100,459 | 9,473 | (1,029) | 1,709 | 107,194 | 33,846 | 37,733 |
| Informatics hardware | 76,902 | 8,627 | 14 | – | 85,543 | 61,925 | 6,029 | – | – | 67,954 | 17,589 | 14,977 |
| Informatics software: In-house developed | 781,144 | – | 57,880 | – | 839,024 | 635,590 | 67,324 | – | – | 702,914 | 136,110 | 145,554 |
| Informatics software: Purchased | 5,799 | – | – | – | 5,799 | 5,799 | – | – | – | 5,799 | – | – |
| Motor vehicles | 41,628 | 8,414 | 157 | 2,814 | 47,385 | 28,098 | 4,681 | 153 | 2,814 | 30,118 | 17,267 | 13,530 |
| Ships and boats | 3,506 | 892 | – | 23 | 4,375 | 1,228 | 303 | – | 20 | 1,511 | 2,864 | 2,278 |
| Assets under construction | 487,127 | 149,998 | (132,467) | 7,671 | 496,987 | – | – | – | – | – | 496,987 | 487,127 |
| Total | 2,209,125 | 174,085 | (988) | 12,361 | 2,369,861 | 1,133,480 | 111,645 | (876) | 4,543 | 1,239,706 | 1,130,155 | 1,075,645 |
10. Contractual obligations
The nature of the Department's activities may result in some large multi-year contracts and obligations whereby the Department will be obligated to make future payments in order to carry out its programs or when the services/goods are received. Significant contractual obligations ($10 million or more) that can be reasonably estimated are summarized as follows:
| 2024 | 2025 | 2026 | 2027 | 2028 | 2029 and subsequent | Total | |
|---|---|---|---|---|---|---|---|
| Tangible capital assets | 13,360 | 4,558 | – | – | – | – | 17,918 |
| Purchase contracts | 7,126 | 6,400 | 6,400 | 6,400 | 6,400 | 23,657 | 56,383 |
| Total | 20,486 | 10,958 | 6,400 | 6,400 | 6,400 | 23,657 | 74,301 |
11. Contingent liabilities
Contingent liabilities arise in the normal course of operations and their ultimate disposition is unknown.
Claims and litigation
Claims have been made against the Department in the normal course of operations. These claims include items with pleading amounts and other for which no amount is specified. While the total amount claimed in these actions is significant, their outcomes are not determinable.
The Department has recorded an allowance for claims and litigations where it is likely that there will be a future payment and a reasonable estimate of the loss can be made.
Claims and litigations for which the outcome is not determinable and a reasonable estimate can be made by management amount to approximately $3,411 thousand ($3,232 thousand in 2021 to 2022) at .
Claims and litigation with related parties included in the above amounts amount to nil (nil in 2022) at .
12. Related party transactions
The Department is related as a result of common ownership to all government departments, agencies, and Crown corporations. Related parties also include individuals who are members of key management personnel or close family members of those individuals, and entities controlled by, or under shared control of, a member of key management personnel or a close family member of that individual.
The Department enters into transactions with these entities in the normal course of business and on normal trade terms.
(a) Common services provided without charge by other government departments
During the year, the Department received services without charge from certain common service organizations, related to accommodation, legal services, the employer's contribution to the health and dental insurance plans and workers' compensation coverage. These services without charge have been recorded at the carrying value in the Department's Statement of Operations and Departmental Net Financial Position as follows:
| 2023 | 2022 | |
|---|---|---|
| Employer's contribution to the health and dental insurance plans | 140,031 | 146,616 |
| Accommodation | 61,531 | 61,144 |
| Legal services | 5,148 | 5,021 |
| Workers' compensation coverage | 259 | 268 |
| Total | 206,969 | 213,049 |
The Government has centralized some of its administrative activities for efficiency, cost-effectiveness purposes and economic delivery of programs to the public. As a result, the Government uses central agencies and common service organizations so that one department performs services for all other departments and agencies without charge. The costs of these services, such as payroll and cheque issuance services provided by Public Services and Procurement Canada and audit services provided by the Office of the Auditor General, and telecommunication and network services provided by Shared Services Canada are not included in the Department's Statement of Operations and Departmental Net Financial Position.
(b) Other transactions with other government departments and agencies
| 2023 | 2022 | |
|---|---|---|
| Expenses | 519,991 | 489,864 |
| Revenues | 1,030 | 670 |
Expenses and revenues disclosed in (b) exclude common services provided without charge which are already disclosed in (a).
13. Segmented information
Presentation by segment is based on the Department's core responsibility. The presentation by segment is based on the same accounting policies as described in the Summary of significant accounting policies in note 2.
The major categories of revenue are described below:
Immigration and Refugee Protection Regulations administration fees
The administration fee amounts are set out in section 280 of the Immigration and Refugee Protection Regulations. Transporters are required to pay administration fees to partially defray the cost of processing certain categories of inadmissible foreign nationals conveyed to Canada. The fees apply when a transporter carries a foreign national.
Inspection fees for food, plant and animal products
Inspection fees for food, plant and animal products are set out in the Canadian Food Inspection Agency (CFIA) Fees Notice pursuant to section 24 of the Canadian Food Inspection Agency Act. The fees are for passenger and initial import inspection services performed at airports and other Canadian border points of entry into Canada.
NEXUS fees for pre-approved and frequent travellers
NEXUS fees are for processing applications related to a joint initiative between the Department and the United States Customs and Border Protection that simplifies border crossings for its members and enhances border security. Authority to collect these fees is pursuant to section 24(1) of the Presentation of Persons (2003) Regulations. The NEXUS fees are a non-refundable processing and application fee for becoming a member of this program.
Free and Secure Trade (FAST) fees for pre-approved and frequent importers
FAST fees are for processing applications related to a joint initiative between the Department and United States Customs and Border Protection that enhances border and trade chain security while making cross-border commercial shipments simpler and subject to fewer delays. Authority to collect these fees is pursuant to section 24(1) of the Presentation of Persons (2003) Regulations.
Detector dog training services
The Department offers detector dog services to other enforcement agencies and jurisdictions within Canada and abroad, such as police forces in municipal, provincial and federal correctional authorities and foreign countries.
The following table presents the expenses incurred and revenues generated for the main core responsibilities, by major object of expense and by major type of revenue. The segment results for the period are as follows:
| Border management | Internal services | Border enforcement | 2023 total | 2022 total | |
|---|---|---|---|---|---|
| Operating expenses | |||||
| Salaries and employee benefits | 1,352,563 | 357,874 | 248,239 | 1,958,676 | 1,960,248 |
| Professional and special services | 177,610 | 169,104 | 82,167 | 428,881 | 373,071 |
| Amortization of tangible capital assets | 85,211 | 26,358 | 76 | 111,645 | 106,173 |
| Rental of buildings and machinery | 48,602 | 12,218 | 12,099 | 72,919 | 73,005 |
| Transportation and telecommunication | 34,281 | 4,933 | 19,732 | 58,946 | 36,877 |
| Repairs and maintenance | 29,173 | 11,289 | 3,725 | 44,187 | 35,172 |
| Machinery and equipment | 11,973 | 26,040 | 1,877 | 39,890 | 39,450 |
| Utilities, materials and supplies | 15,684 | 1,708 | 2,903 | 20,295 | 18,243 |
| Other | 9,870 | 4,273 | 3,280 | 17,423 | 9,766 |
| Court awards and other settlements | 4,903 | 60 | – | 4,963 | 3,076 |
| Bad debts | – | (544) | – | (544) | (61) |
| Provision for contingent liabilities | 324 | (2,495) | – | (2,171) | (18,966) |
| Total operating expenses | 1,770,194 | 610,818 | 374,098 | 2,755,110 | 2,636,054 |
| Revenues | |||||
| Sales of goods and services | 27,634 | 16 | 1,610 | 29,260 | 19,079 |
| Miscellaneous revenues | 533 | 1,035 | 1,719 | 3,287 | 1,986 |
| Revenues earned on behalf of Government | (4,721) | (176) | (559) | (5,456) | (3,275) |
| Total revenues | 23,446 | 875 | 2,770 | 27,091 | 17,790 |
| Net cost from operations before government funding and transfers | 1,746,748 | 609,943 | 371,328 | 2,728,019 | 2,618,264 |
Canada Border Services Agency: Administered activities
| 2023 | 2022 | |
|---|---|---|
| Administered assets | ||
| Cash on hand | 344,904 | 242,348 |
| Accounts receivable: Other government departments and agencies | 6,453 | 39,155 |
| Accounts receivable: External parties (note 3) | 4,005,410 | 3,888,205 |
| Total | 4,356,767 | 4,169,708 |
| Administered liabilities | ||
| Accounts payable: Other government departments and agencies | 520,258 | 440,258 |
| Accounts payable: Provinces (note 4) | 19,011 | 17,592 |
| Accounts payable: External parties | 501 | 889 |
| Deposit accounts (note 5) | 11,677 | 11,258 |
| 551,447 | 469,997 | |
| Net amount due to the Consolidated Revenue Fund of the Government of Canada (note 6) | 3,805,320 | 3,699,711 |
| Total | 4,356,767 | 4,169,708 |
|
||
Erin O'Gorman, President
Ottawa, Canada
Jonathan Moor, Chief Financial Officer
Ottawa, Canada
| 2023 | 2022 | |
|---|---|---|
| Administered revenues | ||
| Tax revenues | ||
| Excise taxes (note 8) | 32,756,660 | 27,555,533 |
| Customs import duties | 6,057,224 | 5,236,876 |
| Excise duties | 1,344,169 | 1,438,815 |
| 40,158,053 | 34,231,224 | |
| Non-tax revenues | ||
| Interest, penalties and fines | 73,607 | 103,226 |
| Miscellaneous services | 559 | 355 |
| Other | 104 | 24 |
| 74,270 | 103,605 | |
| Total administered revenues | 40,232,323 | 34,334,829 |
| Bad debt expense | 82,378 | 226,705 |
| Net administered revenues | 40,149,945 | 34,108,124 |
|
||
| 2023 | 2022 | |
|---|---|---|
| Net administered revenues | 40,149,945 | 34,108,124 |
| Variations in administered assets and liabilities | ||
| (Increase) decrease in cash on hand | (102,556) | 78,490 |
| (Increase) decrease in accounts receivable: Other government departments and agencies | 32,702 | (39,126) |
| (Increase) decrease in accounts receivable: External parties | (117,205) | (654,584) |
| Increase (decrease) in accounts payable: Other government departments and agencies | 80,000 | 98,828 |
| Increase (decrease) in accounts payable: Provinces | 1,419 | 1,876 |
| Increase (decrease) in accounts payable: External parties | (388) | (317) |
| Increase (decrease) in deposit accounts | 419 | (518) |
| Net cash deposited in the Consolidated Revenue Fund of the Government of Canada | 40,044,336 | 33,592,773 |
| Consisting of: | ||
| Deposits to the Consolidated Revenue Fund | 40,988,826 | 34,315,415 |
| Payments and refunds from the Consolidated Revenue Fund | (944,490) | (722,642) |
| Net cash deposited in the Consolidated Revenue Fund of the Government of Canada | 40,044,336 | 33,592,773 |
|
||
Notes to the financial statements (unaudited) for the year ended March 31: Administered activities
1. Authority and objectives: Administered activities
The Canada Border Services Agency (CBSA) provides integrated border services that support national security priorities and facilitate the free flow of people and goods, including food, plants, animals and related products across the border. The Canada Border Services Agency Act received royal assent on . The Agency is a departmental corporation named in Schedule II of the Financial Administration Act and reports to Parliament through the Minister of Public Safety. The Agency is funded through authorities from the Government of Canada.
The Agency is responsible for the administration and enforcement of the following acts or portions of these acts: the Customs Act, the Customs Tariff, the Excise Act, the Excise Tax Act, the Citizenship Act, the Immigration and Refugee Protection Act, as well as other acts on behalf of other federal departments and provinces.
The Agency Administered Activities financial statements report on assets, liabilities, tax and non-tax revenues administered on behalf of the federal, provincial and territorial governments.
2. Summary of significant accounting policies: Administered activities
The purpose of these Agency Administered Activities financial statements is to present information about revenues, expense, assets and liabilities that the Agency administers on behalf of the federal, provincial and territorial governments. The Agency reports in accordance with accounting principles that are consistent with those applied in the preparation of the financial statements of the Government of Canada.
A summary of significant accounting policies are as follows:
(a) Cash on hand: Cash on hand includes amounts received in Agency offices or by Agency agents as at March 31 but not yet deposited to the credit of the Consolidated Revenue Fund (CRF) of the Government of Canada.
(b) Accounts receivable: Accounts receivable represent taxes and duties and other revenues not yet collected. All receivables are stated at amounts ultimately expected to be realized. A provision is made for doubtful accounts where recovery is considered uncertain.
(c) Accounts payable – provinces: Accounts payable: provinces represents amounts in accordance with memorandums of understanding (MOUs) between the provinces and the Agency, whereby provincial sales, alcohol and tobacco taxes are collected and remitted to the provinces.
(d) Accounts payable – External parties: Accounts payable: external parties represent refunds, and related interest, to importers resulting from reassessments completed after March 31 for excise taxes, custom import duties and excise duties related to current or prior year imports.
(e) Contingent liabilities: Contingent liabilities are potential liabilities that may become actual liabilities when one or more future events occur or fail to occur. To the extent that the future event is likely to occur or fail to occur, and a reasonable estimate of the loss can be made, an estimated liability is accrued and an expense recorded. If the likelihood is not determinable or if an amount cannot be reasonably estimated, the contingency is disclosed in the notes to the financial statements.
(f) Tax revenues: The determination of the Agency's tax revenues is based on the taxes and duties assessed that relate to goods authorized by the Agency to enter into Canada during the fiscal year that ends March 31 therefore, domestic taxes are not reflected in these statements. These revenues are recognized at the time the goods are released.
- Excise taxes: Consists of the goods and services tax (GST) and the harmonized sales tax (HST) assessed on imports, net of the GST remission order to the Canada Revenue Agency (CRA) and the provincial portion of the HST. The input tax credits accorded for GST and HST paid on importations are not reflected in these statements as the CRA is responsible for their administration. Excise taxes are also assessed on gasoline and other imports
- Customs import duties: Consists of import duties assessed on imports. They are reported net of refunds, rebates and drawbacks
- Excise duties: Consists of tobacco, beer and liquor duties assessed on imports. They are reported net of refunds, rebates and drawbacks
The Canadian customs and tax systems are predicated on self-assessment where importers are expected to understand the laws and comply with them. This has an impact on the completeness of duty and tax revenues when importers fail to comply with laws. The Agency has implemented systems and controls in order to detect and correct situations where importers are not complying with the various acts it administers. These systems and controls include performing audits of importer records where determined necessary by the Agency. Such procedures cannot be expected to identify all undeclared or incorrectly declared importations or other cases of non-compliance; in those cases, the Agency does not estimate the amount of duties and taxes. However, such amounts are included in revenues when identified during reassessment.
(g) Non-tax revenues: Non-tax revenues consists of items such as fees, penalties, interest and fines and are recognized in the period in which the underlying transaction or event occurred that gave rise to the non-tax revenue.
(h) Allowance for doubtful accounts: The allowance for doubtful accounts reflects management's best estimate of the collectability of accounts receivable, including the related interest and penalties. The allowance for doubtful accounts is composed of two parts, each of which is reviewed on an annual basis. A portion of the allowance is based on the collectability status of the accounts and the other portion is based on accounts under appeal.
(i) Tax remission order: The tax remission order provides for a remission of the GST and HST paid or payable by departments of the federal government on their taxable purchases of goods and services. The remission does not affect the net GST and HST ultimately retained by the government.
(j) Measurement uncertainty: The preparation of these financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expense reported in the financial statements. At the time of preparation of these statements, management believes the estimates and assumptions to be reasonable. The most significant item where estimates are used is for establishing the allowance for doubtful accounts. Actual results could significantly differ from those estimated. Management's estimates are reviewed periodically and, as adjustments become necessary, they are recorded in the financial statements in the year they become known.
3. Accounts receivable — External parties
Accounts receivable — external parties represent the GST and HST, custom import duties, excise duties, penalties and interest due to the Receiver General for Canada as a result of importations into Canada.
The following table presents details of accounts receivable — External parties:
| 2023 | 2022 | |
|---|---|---|
| Accounts receivable — External parties | 4,898,035 | 4,701,118 |
| Allowance for doubtful accounts | (892,625) | (812,913) |
| Accounts receivable — External parties | 4,005,410 | 3,888,205 |
4. Accounts payable: Provinces
The following table presents details of provincial sales, alcohol and tobacco taxes collected and remitted to the provinces:
| 2023 | 2022 | |
|---|---|---|
| Opening balance | 17,592 | 15,716 |
| Receipts from importers | 174,712 | 146,796 |
| Refunds to importers | (551) | (451) |
| Payments to provinces | (172,742) | (144,469) |
| Closing balance | 19,011 | 17,592 |
5. Deposit accounts: Administered activities
The deposit accounts were established to record cash and securities received to guarantee payment of excise taxes and customs duties on imported goods pursuant to the Excise Tax Act and the Customs Act.
The following table presents details on the deposit accounts:
| 2023 | 2022 | |
|---|---|---|
| Opening balance | 11,258 | 11,776 |
| Receipts | 1,234 | 1,159 |
| Payments | (815) | (1,677) |
| Closing balance | 11,677 | 11,258 |
6. Net amount due to the Consolidated Revenue Fund of the Government of Canada
The net amount due to the CRF of the Government of Canada is the difference between administered assets held and collectible and administered liabilities payable by the Agency out of the CRF.
The change in the net amount due to the CRF during the fiscal year is presented in the table below:
| 2023 | 2022 | |
|---|---|---|
| Opening balance | 3,699,711 | 3,184,360 |
| Net administered revenues | 40,149,945 | 34,108,124 |
| Net cash deposited in the Consolidated Revenue Fund | (40,044,336) | (33,592,773) |
| Closing balance | 3,805,320 | 3,699,711 |
7. Contingent liabilities
Claims have been made against the Agency in the normal course of operations. These claims represent appeals for previously assessed GST and HST, customs duties and excise duties. While the total amount claimed in these actions amount to approximately $181 million as at ($248 million as at ), their outcomes are not determinable and as a result no liability has been recorded in the financial statements (nil as at ).
8. Excise taxes
The following table presents details of the excise tax revenues:
| 2023 | 2022 | |
|---|---|---|
| GST and HST | 33,121,854 | 27,937,988 |
| Tax remission order | (26,070) | (24,618) |
| Transfer of HST to provinces | (484,234) | (407,100) |
| Other excise taxes | 145,110 | 49,263 |
| Excise taxes | 32,756,660 | 27,555,533 |
9. Related party transactions
The Agency is related, as a result of common ownership, to all Federal Government departments, agencies and Crown corporations. The Agency enters into transactions with these entities in the normal course of business and on normal trade terms. The Agency has an agreement with the CRA related to the provision of collection services under Part V.I of the Customs Act for which the CRA is funded through appropriations from the Government of Canada.
Annex to the statement of management responsibility including internal control over financial reporting for fiscal year 2022 to 2023
1. Introduction
This document provides summary information on the measures taken by the Canada Border Services Agency (CBSA) to maintain an effective system of internal control over financial reporting (ICFR), as well as information on internal control management, assessment results and related action plans.
Detailed information on the CBSA's authority, mandate and core responsibilities can be found in the Departmental Plan 2022 to 2023 and the Departmental Results Report 2022 to 2023 .
2. The CBSA's system of internal control over financial reporting
2.1 Internal control management
The CBSA has recently updated its ICFM framework in collaboration with key stakeholders and Business Process Owners (BPO). The revised framework reflects a well-established governance and accountability structure to support departmental assessment efforts and oversight of its overall system of internal control. A departmental internal control management framework, is in place and comprises:
- organizational accountability structures as they relate to internal control management to support sound financial management, including the roles and responsibilities of senior departmental managers for control management in their areas of responsibility;
- key controls in terms of budget monitoring;
- values and ethics;
- ongoing communication and training on the legislative and policy requirements, for sound financial management and control; and
- monitoring and regular updates on internal control management, as well as provision of related assessment results and action plans to the President and senior departmental management and, as applicable, the Departmental Audit Committee (DAC).
The DAC is an independent advisory committee to the president. It is responsible to provide advice to the President on the adequacy and functioning of the CBSA's risk management, control and governance frameworks and processes.
2.2 Service arrangements relevant to financial statements
The CBSA relies on other departments for processing certain transactions that are recorded in its financial statements, as follows:
2.2.1 Common service arrangements
- Public Services and Procurement Canada administers the payment of salaries, the procurement of goods and services , and provides accommodation services;
- Shared Services Canada provides information technology (IT) infrastructure services;
- Department of Justice Canada provides legal services; and
- Treasury Board of Canada Secretariat provides information on public service insurance and centrally administers payment of the employer's share of contributions toward statutory employee benefit plans.
Readers of this annex may refer to the annexes of the above-noted departments for a greater understanding of the systems of internal control over financial reporting related to these specific services.
The CBSA relies on another Agency for the processing of certain information or transactions that are recorded in its financial statements, as follows:
2.2.2 Specific arrangements
- Canada Revenue Agency (CRA), which provides IT services and the ongoing internal controls monitoring of the shared SAP financial system that captures and reports all financial transactions of the CBSA.
- CRA also provides accounts receivable collection services for customs duties, taxes, fees, penalties, and other amounts owing under the Customs Act, Customs Tariff, Excise Tax Act, Excise Act 2001, and related regulations.
3. The CBSA's assessment results for the 2022 to 2023 fiscal year
The following table summarizes the status of the ongoing monitoring activities according to the previous fiscal year's rotational plan.
| Element in previous year's action plan | Status |
|---|---|
| Information Technology General Controls (ITGC) under CBSA management | Design Effectiveness Testing results of corporate financial system were shared with key stakeholders. The Internal Control team is at the stage of following up on Management Action Plan as per elapsed completion dates. |
| Payroll and Benefits |
Operating Effectiveness Testing was completed on key controls identified in revised framework and results were shared with stakeholders. The Internal Control team is at the stage of following up on Management Action Plan as per elapsed completion dates. A Quarterly Post Payment Verification (PPV) of sampled pay transactions was also implemented. |
| Costing and CFO Attestation | Flowcharts, business process narratives, risk and control matrices were developed. Design Effectiveness Testing of key controls was completed and results shared with stakeholders.The Internal Control team is at the stage of following up on Management Action Plan as per elapsed completion dates. |
| Accounts Payable and Payments | Flowcharts, business process narratives, risk and control matrices were developed following implementation of SAP Ariba. Design Effectiveness Testing of key controls was completed and results shared with stakeholders.The Internal Control team is at the stage of following up on Management Action Plan as per elapsed completion dates. |
The key findings and significant adjustments required from the current fiscal year's assessment activities are summarized below.
3.1 New or significantly amended key controls
There were no other new or significantly amended key controls in existing processes which required a reassessment in the current fiscal year.
3.2 Ongoing monitoring program
As part of its rotational ongoing monitoring plan, the CBSA completed its assessment of key financial controls within the business processes of:
- ITGC
- Payroll and Benefits
- Costing and CFO Attestation and
- Accounts Payable and Payments
For the most part, the key controls that were tested performed as intended, with remediation required related to system control issues and segregation of duties. A management action plan addressing the recommendations was developed by the business process owner and a follow-up as per elapsed target dates is in progress.
4. CBSA's action plan for the next fiscal year and subsequent fiscal years
CBSA's rotational ongoing monitoring plan over the next five fiscal years is shown in the following table. The ongoing monitoring plan is based on:
- An annual validation of high-risk processes and controls; and
- Related adjustments to the ongoing monitoring plan as required.
| Key control areas | 2023 to 2024 fiscal year | 2024 to 2025 fiscal year | 2025 to 2026 fiscal year | 2026 to 2027 fiscal year | 2027 to 2028 fiscal year |
|---|---|---|---|---|---|
| Entity-level controls | applicable | applicable | applicable | ||
| IT general controls under CBSA management | applicable | applicable | |||
| Tax revenue collection | applicable | applicable | applicable | ||
| Payroll and benefits | applicable | applicable | applicable | ||
| Accounts payable and payments | applicable | applicable | |||
| Capital assets | applicable | applicable | |||
| Project management | applicable | ||||
| Budgeting and forecasting | applicable | applicable | |||
| Financial close and reporting | applicable | applicable | |||
| CFO attestation | applicable | ||||
| Investment planning | applicable | applicable | |||
| Costing | applicable |
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