Whether you run a foundation, charity, association or community care agency, securing additional funding will significantly impact the way you operate. Each year, Canadian not-for-profit organizations are required to do more with less. Service demands continue to grow while funds become less accessible. For most agencies, understanding and complying with complex regulatory changes while growing revenue and containing costs poses significant challenges.
As shifts in financial reporting standards and funding continue to dominate the accounting arena, not-for-profit organizations face additional complexities and potential implications, including:
Not-for-profit specialties
At BDO, we help not-for-profit clients address the changing needs of their agencies. We have in-depth knowledge in key industry sectors, including:
- Charities
- Health care and care givers
- Government and non-profit organizations
- Trade associations
- Trade unions
Services
To help clients address the key issues in the not-for-profit sector we have tailored our services.
Audit and assurance Taxation Risk management
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Financial advisory Technology solutions Transaction services
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Serving the industry
BDO’s expertise in the not-for-profit sector includes working closely with clients as their auditors, tax and/or corporate finance advisors. Our active participation in a multitude of industry organizations enables us to be responsive to emerging issues. Our specific involvement in Canada includes: