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Not-For-Profit

 

BDO has a great deal of expertise providing advisory and financial advice to the not-for-profit sector At BDO, we work with over 1,800 not-for-profit organizations providing practical options that address and maximize value where it counts.

 

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:

 

  • Decreased funding as service demands continue to increase

  • Increasingly complex financial reporting standards are more complex than ever

  • Difficulty attracting talented volunteers and employees

  • Cost containment

  • Difficulty growing revenues and securing new sources of revenue

  • Regulatory changes

  • Governance management and succession planning

  • Directors’ liability

  • Technology innovation

  • Consolidation and new business models

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

  • Financial advisory

  • Technology solutions

  • Transaction services

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:

  • Enterprising Non-Profits

  • Centre for Sustainability

  • Canadian Society of Association Executives

 

Contact us

Erica Teklits
National Leader, Not-for-Profit

Phone: 905-272-7809
Email: Eteklits@bdo.ca

 

 

 

 
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BDO Canada LLP, a Canadian limited liability partnership, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms.

BDO is the brand name for the BDO network and for each of the BDO Member Firms.