The Importance of the T3010 Return The T3010 Charity Information Return is a mandatory filing requirement for all registered charities in Canada. Its purpose is to promote transparency with the public, donors, and the Canada Revenue Agency (CRA) by providing details about a charity’s operations, finances,...

With significant investments in technology upgrades, remote access and cloud-based service arrangements, questions are arising as to how to best account for these types of costs.   The Accounting Standards Board (AcSB) has released an exposure draft on accounting for cloud computing arrangements, with proposed accounting guidance...

  Not-for-profits have a wide range of financial statement users who make decisions based on the information provided. CPA firms are often engaged to provide assurance services not only to meet requirements of lenders and grantors, but also to lend credibility to their financial reporting.   Although the pandemic...