Management Discussion and Analysis – Administered Revenues

Introduction

The Financial Statements – Administered Activities reflect the total assets and liabilities, tax and non-tax revenues, expenses and cash flows administered by the CCRA on behalf of the Government of Canada, provincial/territorial, First Nations and other government organizations. Tax revenues are recognized on an accrual basis and are net of the applicable deductions and credits allowed under various Acts. The prior year, which was previously reported on a modified cash basis, has been restated to reflect the effect of accrual accounting.

Date modified:

2003-10-29