The government reporting entity (GRE) is comprised of government components and those organizations that are controlled by the government. Control is the power to govern the financial and operating policies of another organization with expected benefits or the risk of loss to the government from the other organization's activities. A government may choose not to exercise its power; nevertheless, control exists by virtue of the government's ability to do so. Control must exist at the financial statement date, without the need to amend legislation or agreements. In general, the GRE is made up of GNWT Departments, Public Agencies and Other Reporting Bodies as defined in the Financial Administration Act