This section of the website is intended to help school board external auditors as well as school board finance staff understand the methodologies and steps followed by the Ministry of Education when establishing opening land and building values as at March 31, 2005. It is also intended to provide you with the necessary supporting documentation to start your audit process of board owned land and building assets. The following documents are available for viewing:

Chronology of Events
	Detail of activities undertaken by the Ministry and boards
Methodology
	Capital Asset Valuation Proposal
Instructions and Guides
	Capital Asset Project User Guide - For land and building assets
	Capital Asset Project User Guide - For non-permanent building structures
	Book Value Calculator Guide
	School Board and School Authority Tangible Capital Assets - Provincial Accounting Policies and Implementation Guide (TCA Guide)
School Board and School Authority Tangible Capital Assets Guide Revisions Release #1 Release #2
Supporting Documentation
	Letter from Office of Auditor General of Ontario
	Excerpt from 2006 Annual Report from Office of Auditor General of Ontario regarding tangible capital assets
March 31, 2005 - March 31, 2007 Data Files
	We have posted the board-by-board capital asset information from March 31, 2005 to March 31, 2007 on EFIS, under Static Reports, called "March 31, 2005 to March 31, 2007 Capital Asset Data". EFIS can be accessed through this link.
The files are comprised of 10 tabs:
DEFINITIONS TABS (Explanations of the input and output files)
	Tab # 1: Definitions and sources of data for land and building assets
	Tab # 2: Definitions and sources of data for non-permanent buildings (portables)
INPUT FILE TABS (based on data input into the BVC application from CAPEdu)
	Tab # 3: BVC Input File for land and buildings
	Tab # 4: BVC Input File for non-permanent buildings (portables)
OUTPUT FILE TABS (based on data output from BVC application)
	Tab # 5: BVC Output File for land and buildings
	Tab # 6: BVC Output File for non-permanent buildings (portables)
CONTINUITY SCHEDULE TABS (based on BVC Output File + 5 and 7 month capital activity reports up to March 31, 2007)
	Tab # 7: Continuity schedule for buildings (other than portables)
	Tab # 8: Continuity schedule for land assets
	Tab # 9: Continuity schedule for land improvement assets
	Tab # 10: Continuity schedule for non-permanent buildings (portables)
As auditors do not have access to EFIS, they will need to obtain the excel data files from their school boards.
Missed Assets or Errors in Data
	Steps to follow (available shortly)
Inquiries / Contacts
	Marion Jarrell - Project Manager (519) 865-0044 Marion.Jarrell@ontario.ca
	Doreen Lamarche - Senior Business & Policy Analyst (613) 225-9210 x.113 Doreen.Lamarche@ontario.ca