Accounting Standards for Not-for-Profit Organizations
The resources below provide guidance and support for understanding and applying accounting standards for not-for-profit organizations.
Hot Topics
- Improvement to Not-for-Profit Standards (36 pages | AcSB/PSAB | 2013)
- Guide to Accounting Standards for Not-for-Profit Organizations in Canada
(45 pages | CICA | 2012) - First-time reporting on financial statements adopting Canadian Accounting Standards for Not-for-Profit Organizations (CICA Handbook Accounting – Part III) or Public Sector Accounting Standards for Government Not-for-Profit Organizations (CICA Public Sector Accounting Handbook) (51 pages | CICA | 2012)
- Accounting Standards for Private Sector Not-for-profit Organizations (Part III) Transition Considerations for Non-complex Entities (16 pages | CICA | 2012)
 | Accounting Standards for Public Sector Not-for-Profit OrganizationsNFPOs controlled by government must apply Public Sector Accounting Standards (PSAS) |  | Accounting Standards for Private Sector Not-for-Profit OrganizationsPrivate Sector NFPOs follow Part III of the CICA Handbook - Accounting | |
Determining if the Organization is a Government or Private Sector Not-for-Profit
The Guide to Accounting Standards for Not-for-Profit Organizations in Canada
(45 pages | CICA | 2012)
Provides guidance to an organization determining whether it is required to apply standards as a private sector NFPO from Part III of the CICA Handbook - Accounting or as a government NFPO from the CICA Public Sector Accounting Handbook. Highlights key changes on first-time adoption and of an implementation plan.
