What accounting standards support ethical fundraising?

A list of accounting standards that support ethical fundraising.

The role of finance and audit committees

This article looks at finance committees and audit committees and their roles in preventing fraud.

Nonprofit fraud: Focus on segregation of duties and good reporting procedure

Opportunity generally arises through an organization’s non-existent or ineffective internal controls. The more checks and balances an organization has the fewer the opportunities for the fraudster to take advantage.

Better investment results a key concern

The most important current investment issue for Canadian foundations is the need to increase investment returns.

Nonprofit fraud: What are the key indicators?

We probably hear or read about fraudulent activity, on average, at least weekly. The headlines confirm that fraud does occur in NPOs and, in some instances, may have a significant impact on their continued viability.

Delegation of investment decision-making still an uncertain business

Most Ontario charities are aware – or should be – that they should address the potential for liability arising when their board of directors continues to delegate investment decision making to a discretionary investment fund manager.

Budgeting a fine art for NGOs operating internationally

The challenges of working internationally with changing exchange rates and dollar values.

Rebuilding after the storm

It is a rare organization that has never gone through a period of turmoil, which may have even threatened its continued existence. Crisis can have a disheartening impact on all concerned. It can be the death knell for an organization or a time for renewal and revitalization.

Potential for director’s liability substantial

Charitable and nonprofit organizations in Canada are facing a wide variety of legal issues, including those made through inadvertence, negligence or misunderstanding, and may be involved in legal proceedings they could have avoided.

Financial responsibilities of not-for-profit boards

Article on roles and responsibilities, budget, bookkeeping, financial statements, auditing and financial management for nonprofits.