Section PS 4250 - Reporting controlled and related entities by not-for-profit organizations

Effective date:

January 1, 2012

Published by the PSAB:

December 2010, except for subsequent amendments



This Section establishes standards for the presentation and disclosure of controlled, significantly influenced and other related entities in the financial statements of not-for-profit organizations.

Not-for-profit organizations can have many different types of relationships with other entities, both not for profit and profit oriented. An organization may have control over another entity. When the relationship falls short of control, the organization may instead have significant influence over the other entity. Economic interest is a concept unique to relationships among not-for-profit organizations. It may be an indicator of either control or significant influence. Alternatively, an economic interest may exist without control or significant influence.

History of Section PS 4250




December 2010

New Section

This new Section is part of the new accounting standards for government not-for-profit organizations establishing recognition, measurement and disclosure standards.

Sections 4200 to 4270 are effective only for government not-for-profit organizations that elect to follow the standards for not-for-profit organizations in the CPA Canada Public Sector Accounting Handbook and are effective for fiscal periods beginning on or after January 1, 2012.

December 2016


As part of the project to revise the related party transactions requirements for NFPOs, the definitions of control and shared control have been amended to conform to those provided in Section PS 2200, Related Party Disclosures.

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

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.