Section 4420 - Contributions receivable

Effective date:

January 1, 2012

Published by the AcSB:

December 2010


This Section establishes standards for the recognition and disclosure of contributions receivable by not-for-profit organizations. The Section states that a contribution received should be recognized as an asset when the amount to be received can be reasonably estimated and ultimate collection can be reasonably assured.

History of Section 4420




December 2010

Part III of the CPA Canada Handbook  issued

Effective for fiscal years beginning on or after January 1, 2012. Earlier application permitted.

Note: The above summary does not include details of consequential amendments made as the result of other projects.

Not-for-Profit Advisory Committee meetings

  • February 22, 2017 - Using consistent concepts to recognize revenue and possible options to account for donor stipulated contributions
  • November 17, 2016 - Contributions – Revenue Recognition and Related Matters

Amendments under consideration

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.