Comments Needed on Changes to Current Nonprofit Accounting Standards (2009)

June 1, 2009

Earlier this year the Accounting Standards Board and the Public Sector Accounting Board issued an Invitation to Comment: Financial Reporting by Not-For-Profit Organizations. The Ontario Nonprofit Network and Imagine Canada have now created a position paper relating to this document, which they are circulating across the sector in order to get as much feedback as possible. Interested parties can participate either by acknowledging support of the position paper by June 18th, or by developing their own position for submission direct to the Standards Boards by the end of June.

ONN and Imagine Canada will be hosting a webinar on June 2nd from 1pm to 2pm (EDT) to provide further details on the positions being proposed. There is no charge for the webinar but participants must register in advance. For more information, and to register for the webinar, visit: www.easywebcanada.ca.