Stats Can - Quarterly LG Statement of Operations and Balance Sheet

Stats Can has come out with new quarterly reporting requirements. We struggled with the fact it is for Quarterly reporting, and the guide book on the individual line items to report had their own definitions of what to include/ exclude, as well we question the relevance of the data. Anyone else dealing with this?

Comments

  • We do not have the staffing resources to convert our data into their template each quarter. We have told them this and that we will get to it when resources allow.

  • We have struggled through the requirement. I told them the information is not accurate because our reporting was only set-up for annual and were just converting to quarterly. They said they didn't care if it was inaccurate. I take our statements and created an Excel template that places our statements into their template. Very rough process.

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