during the subsequent period. We randomly selected 20% of the entries (a minimum of 5), agreed them to the supporting documentation and verified the amount was included in the summary of the entries. We agreed the summary of the entries to Column B.1 of Schedule 19 Statement of Financial “Consolidated Position”, and Schedule 20 and Expenses”, as applicable. “Revenues (List selected items here; if not applicable, state so.) We obtained a summary of Column B.2 accrual adjustments on Schedules 19 and 20, if any, for adjustments over $700,000 related to the period prior to March 31, 2017. We randomly selected 20% of the entries (a minimum of 5), agreed them to the supporting documentation and verified the amount included in the summary of the entries related to the period prior to March 31, 2017. We agreed the summary of the entries to Column B.2 of Schedule 19 “Consolidated Statement of Financial Position”, and Schedule 20 and Expenses”, as “Revenues applicable. (List selected items here; if not applicable, state so.) With respect to Column B.3 adjustments made to accrue the Ontario Financing Authority (OFA) loan interest, we recalculated the accrued amount and agreed to the adjustment on column B.3 of Schedule 19 and 20. (If not applicable, so; note the $700,000 threshold does not apply to this procedure.) We obtained supporting documentation for any Column C.1 adjustments made to reclassify Ministry Revenue between the various categories on Schedule 20 We agreed 2 entries to the supporting documentation. “Revenue”. (List selected items here; if not applicable, state so.) With respect to the revenue recorded for municipal over $700,000, we performed the following: With respect to the tax revenue for the period from September 1, 2016 to December 31, 2016: We agreed the 2016 municipal tax revenue to the most current supporting documentation (for a maximum of two municipalities) and recalculated the revenue for the period by subtracting the amount included in revenue in the August 31, 2016 audited financial statements (being 62% of the 2016 tax revenue as included in Schedule 11B of EFIS for the year ended
during the subsequent period. We randomly selected 20% of the entries (a minimum of 5), agreed them to the supporting documentation and verified the amount was included in the summary of the entries. We agreed the summary of the entries to Column B.1 of Schedule 19 “Consolidated Statement of Financial Position”, and Schedule 20 “Revenues and Expenses”, as applicable. (List selected items here; if not applicable, state so.) We obtained a summary of Column B.2 accrual adjustments on Schedules 19 and 20, if any, for adjustments over $700,000 related to the period prior to March 31, 2017. We randomly selected 20% of the entries (a minimum of 5), agreed them to the supporting documentation and verified the amount included in the summary of the entries related to the period prior to March 31, 2017. We agreed the summary of the entries to Column B.2 of Schedule 19 “Consolidated Statement of Financial Position”, and Schedule 20 “Revenues and Expenses”, as applicable. (List selected items here; if not applicable, state so.) With respect to Column B.3 adjustments made to accrue the Ontario Financing Authority (OFA) loan interest, we recalculated the accrued amount and agreed to the adjustment on column B.3 of Schedule 19 and 20. (If not applicable, so; note the $700,000 threshold does not apply to this procedure.) We obtained supporting documentation for any Column C.1 adjustments made to reclassify Ministry Revenue between the various categories on Schedule 20 “Revenue”. We agreed 2 entries to the supporting documentation. (List selected items here; if not applicable, state so.) With respect to the revenue recorded for municipal over $700,000, we performed the following: With respect to the tax revenue for the period from September 1, 2016 to December 31, 2016: We agreed the 2016 municipal tax revenue to the most current supporting documentation (for a maximum of two municipalities) and recalculated the revenue for the period by subtracting the amount included in revenue in the August 31, 2016 audited financial statements (being 62% of the 2016 tax revenue as included in Schedule 11B of EFIS for the year ended
SB06_attach1_EN.DOCX