A State of Change - December 2013
With the release of the Statement of Principles, “Improvements to Not-for-Profit Standards,” issued jointly by the Accounting Standards Board (the “AcSB”) and the Public Sector Accounting Board in April 2013, the AcSB has held a number of in-person roundtable discussions across the country to seek input on the proposed changes. We also provide you with an update on the new Part III, Section 3463 which supplements Part II, Section 3462, Employee future benefits of the CPA Canada Handbook. Lastly, an article featuring the benefits of using data analytics to drive key business decisions in a not-for-profit organization is included.