How We Account: Governance Legislation In The Nonprofit Sector: What Canadians Can Learn From California’s Nonprofit Integrity Act

Governance is a hot topic in the nonprofit sector, with largely volunteer-based boards of directors struggling to fulfil their governance responsibilities, as well as serve as major fundraising resources. Indeed, board members are often recruited for their fundraising prowess, with little expectation that they will actively monitor the nonprofit organization. The fact that nonprofit organizations…

Financial Reporting for Non-Profit Organizations: 1986 Update

CICA Handbook The Canadian Institute of Chartered Accountants’ research study Financial Reporting for Non-Profit Organizations was published in 1980 and discussed in The Philanthropist, Vol. 3, Summer 1981 (“Accounting for Non-Profit Organizations-as it is now and may be in the future-The Director’s Con­cerns”). The research study was positively received and widely accepted. The CICA has…

Financial Reporting for Non-Profit Organizations: An Update

CICA Research Study The Canadian Institute of Chartered Accountants’ research study Financial Reporting for Non-Profit Organizations was published in 1980 and discussed in The Philanthropist Vol. 3, Summer 1981 (Accounting for Non-Profit Organi­zations-as it is now and may be in the future-The Director’s Concerns). While the research study has been positively received and widely accepted,…