The Taxman Cometh: Shedding light on charitable receipting issues

Lately the federal government has taken a stronger stance on tax issues as they relate to receipting and charities.

Governance Q&A: Engaging the board of directors on financial matters

A treasurer asks if its OK that only a handful of directors are interested in reading and understanding a nonprofit’s financial statements.

Capital gains tax: The continuing fight

Thirty-four years ago a government worried about recessions and revenue streams saddled the Canadian public with a new tax. Charities, community organizations, and individuals have been paying ever since.

Insurance for the nonprofit sector: Is the glass half full or half empty?

Understanding the nonprofit insurance situation is a bit like trying to decide if the glass is half full or half empty.

Winning numbers sell the story

This article highlights the importance of solid financial information in your funding proposals. It also provides tips on what potential funders are looking for.

Implementing a budget

This article explains how to implement your budget and how to monitor and deal with variance.

Realistic budgeting

This article explains how to go about developing a realistic budget.

Budgeting basics

This article provides a very basic overview of the budgeting process.

Assessing your organization’s financial health

This article uses three components to assess an organization’s financial health: controllership, resources and planning

Random and forensic audits: Is something wrong?

Audits are seldom a pleasant experience. Nonetheless, random, compliance and forensic audits by regulators are an integral part of public accountability in many sectors, including the charitable and nonprofit sector.