Audited Financial Statements and Synopsis

Each year, the Town of Pilot Butte releases the Audited Financial Statement and Synopsis. Municipal financial statement information provides audited information in a manner that is compliant with the rules set out by the Public Sector Accounting Board (PSAB).

The Municipalities Act require each municipality to submit a copy of its annual audited financial statement and auditors report to Government Relations

The financial statements are to be audited by a professional auditor. This is a person in good standing of a recognized accounting profession under The Accounting Profession Act, 2014.

Municipal financial statements must be prepared in accordance with PSAB standards. These are generally accepted accounting principles for public sector bodies, as recommended by the Chartered Professional Accountants of Canada.