Posted by & filed under Advanced Accounting, Financial Accounting.

Description: He works for the Parliament of Canada. But that did not stop the newly-appointed Parliamentary Budget Officer (PBO), Yves Giroux, from criticizing provincial governments in his first report. While the federal government’s finances are sustainable, Mr. Giroux told a news conference that  “it’s a totally different story for provinces and territories.”

Date: September 27 , 2018

Source:  theglobeandmail.com

Link: https://www.theglobeandmail.com/politics/article-new-budget-watchdog-raises-alarm-over-provincial-debt/

 

Discussion points:

1) What is the job of the Parliamentary Budget Officer?

2) How does the job of the  Parliamentary Budget Officer contrast with that of the Auditor General?

3) What are the key measures of provincial finances as per the Wiley’s Advanced Accounting?

 

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