Finance and Statistics
FRAME Manual
Financial Reporting and Accounting in Manitoba Education and Early Childhood Learning
Updated: December 2015
FRAME Manual: Financial Reporting and Accounting in Manitoba Education and Early Childhood Learning (
535 KB)
In 2007, the FRAME manual was updated to reflect the adoption of Public Sector Accounting Board (PSAB) standards as generally accepted accounting principles for all Manitoba school divisions, effective July 1, 2006. PSAB is the body of the Canadian Institute of Chartered Accountants that sets the financial reporting standards and generally accepted accounting principles for governments in Canada. FRAME users should note that the adoption of PSAB includes key accounting changes from previous FRAME accounting policies regarding amortization of assets, full accrual accounting (particularly debt interest), and the consolidation of controlled entities.
