The impact of New Accounting Standards on Canada's government Not-For-Profit Organizations: a Public Sector digest critical
February 20, 2013
Accounting standards play an important role in maintaining consistency and clarity to financial statements and reports. However, recent revisions have increased substantially as a direct response to globalization and business practice changes. The decisions now made by senior executives, boards of directors, and audit committees will have complex and far-reaching effects on financial reporting, information systems, benchmarking, and stakeholder management.
BDO and Public Sector Digest teamed up to write and publish a critical knowledge series intended for senior financial executives in government non-profit organizations across Canada, as well as policy makers at the local, provincial, and federal levels. It should serve as a substantive and high-level reference on the changes in accounting standards.
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