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Committee on Canadian Issues Best Practices and Advisories: Treasury and Investment Management  Canadian flag

GFOA BEST PRACTICES that have been approved by the Committee on Canadian Issues as applicable in Canada

A GFOA best practice identifies specific policies and procedures as contributing to improved government management. It aims to promote and facilitate positive change rather than merely to codify current accepted practice. Partial implementation is encouraged as progress toward a recognized goal.

 

GFOA ADVISORIES that have been approved by the Committee on Canadian Issues as applicable in Canada

A GFOA advisory identifies specific policies and procedures necessary to minimize a government’s exposure to potential loss in connection with its financial management activities. It is not to be interpreted as GFOA sanctioning the underlying activity that gives rise to the exposure.