Long description for image: 15793-01-eng.gif
Description of graphic in Appendix B — Recording Financial Transaction in the Accounts of Canada,
The appendix B chart reflects the government-wide classification structure and sample departmental chart of accounts.
It includes six government-wide classifications for financial transactions: Responsibility, Financial Reporting, Authority,
Program, Objects and Transaction Type. These six classifications are made up of the financial coding block used for recording
In the Central Systems:
- Responsibility represents department/agency by assigning a specific number for each department/agency and consequently
grouped to provide a ministry summary.
- Financial Reporting Account identifies different levels of reporting account, including asset, liability, revenue
- Authority identifies budgetary/non-budgetary, statutory/non-statutory, and appropriation;
- Program represents the department's Program Activity Architecture;
- Objects identifies category, sub-category, standard object and reporting object of financial transactions;
- Transaction Type identifies whether the financial transaction is internal or external to the government.
At the Departmental level:
- Responsibility identifies responsibility centres, from low level to high level, such as from Division/Directorate/Region
to Branch and Department;
- Financial Reporting identifies Level 5 of the Financial Reporting Account;
- Authority identifies allotment, and sub-allotment;
- Program Activity further identifies sub-activity, activity element;
- Object identifies economic, source or class object, line object;
- Transaction type identifies the type of financial transactions: internal or external.
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