A financial report and statement is prepared by management each year in accordance with Canadian Public Sector Accounting Standards.
The Township maintains systems of internal accounting and administrative controls of high quality, consistent with reasonable cost. Such systems are designed to provide reasonable assurance that the financial information is relevant, reliable and accurate and the Township's assets are appropriately accounted for and adequately safeguarded.
Council reviews and approves the Township's financial statements for issuance to the members of councils, residents and ratepayers for the Township of Otonabee-South Monaghan.
The consolidated financial statements have been audited by Baker Tilly KDN LLP in accordance with Canadian generally accepted auditing standards on behalf of the Township.
2018 Financial Report and Statements
2019 Financial Report and Statements