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Standards for Not-for-Profit Organizations

  • PSAS - PSAB Image
  • ASNPO_AcSB Image

Apr 02, 2014

At its meeting on March 19-20, 2015, the Public Sector Accounting Board (PSAB) and the Accounting Standards Board discussed the various types of not-for-profit organizations and their diversity within the not-for-profit sector, whether financial statements within the not-for-profit sector need to be comparable regardless of whether the organization operates in the private or public sector, the different priorities facing each Board and whether they should address the issues raised by respondents together.

The AcSB plans to agree on the next steps it will undertake in respect of the standards for not-for-profits in the private sector at its meeting in May 2015.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.