CCRA Annual Report to Parliament 2002-2003 Financial Statements
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10. Related party transactions
The Agency is related in terms of common ownership to all Government of Canada departments, agencies and Crown corporations. The Agency enters into transactions with these entities in the normal course of business and on normal trade terms applicable to all individuals and enterprises. To be consistent with the accounting policies of the Government of Canada, transactions with enterprise Crown corporations and other government business enterprises which are not dependent on the Government for financing their activities are not considered to be related party transactions.
(a) Services provided without charge by other government departments:
During the year, the Agency received accommodation and professional services without charge from other government departments and agencies. Employer's health insurance plan contributions and workers' compensation benefits were also provided by other government departments without charge. Significant services provided without charge have been recognized in the Agency's Statement of Operations as follows:
(b) Payables and receivables outstanding at year end with related parties:
Accounts receivable – From other government departments and agencies |
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Accounts payable – To other government departments and agencies |
- Date modified:
- 2003-10-29