Effects of COVID-19 on the Financial Statements of Not-for-Profit Organizations

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May 08, 2020

On May 8, 2020, the Accounting Standards Board (AcSB) released a publication on the implications of COVID-19 on the financial statements of not-for-profit organizations.

The COVID-19 pandemic has had a significant economic impact on Canadian businesses, including not-for-profit organizations. This resource highlights topics that may be relevant for organizations to consider when preparing financial statements in accordance with Part III of the CPA Canada Handbook – Accounting.

Review the publication on the AcSB's website.

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