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What Your Auditor Wishes You Knew

What Your Auditor Wishes You Knew

The 10 Things your Not-For-Profit Auditor wants you to know. Here are the 10 secrets our team has put together to help your Not-For-Profit.

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What Charities and Not-for-Profits Need Most Right Now

What Charities and Not-for-Profits Need Most Right Now

In the shadow of the pandemic, a "buy local" campaign spread across the country. Social media featured pleads to avoid retail giants in place of supporting local mom and pop shops. It seems to have been a success as many small businesses are still afloat a year into COVID-19. While the push to support local businesses has been well received and reasonably successful, another sector could desperately use the same help. However, there has been very little light shed on their COVID-related strife. Charities and Not-for-Profit Organizations (NPO’s) have primarily faced similar struggles to most businesses in this current economic climate, without the benefit of a call to action for support.  

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10 Key Ways to Manage Legal Risk for NPOs

10 Key Ways to Manage Legal Risk for NPOs

It is important to manage legal risk for NPOs. For these Not-for-Profit organizations (NPO), there are often many requirements and guidelines to follow. Especially regarding funding and leadership. To ensure compliance, your organization's board and senior management must conduct regular legal check-ups. This will ensure proper due diligence and prevent costly mistakes and avoid exposure to legal liability. According to Carters Professional Corporation, the following 10 tips identify key issues that charities and NPOs should address for effective legal risk management.      

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RLB’s 10th Annual Not-for-Profit Seminar

RLB’s 10th Annual Not-for-Profit Seminar

On October 22nd, we held our 10th Annual Not-for-Profit Seminar. Since this was the first time we have held this event virtually we wanted to take this unique opportunity to share the incredible presentations from our experts with you. Please click on the links below to hear from our talented an knowledgeable presenters and learn more about Embracing the Changing Landscape. 

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Ask the Expert: Can We Provide a Donation Receipt?

Ask the Expert: Can We Provide a Donation Receipt?
October 2, 2020

Question: Can we issue a donation receipt for services received? One of our members has repainted our classrooms and instead of payment has requested that we provide a donation receipt for the services.

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Ask the Expert: Canadian Emergency Business Account (CEBA)

Ask the Expert: Canadian Emergency Business Account (CEBA)
September 14, 2020

The CEBA was created to assist small businesses, not for profits and charities through the current economic environment and to help them rebuild sooner. The CEBA was created to help pay for non-deferrable expenditures and restricts spending to things like payroll, rent, utilities, insurance, property tax, or regular debt payments. It cannot be used for certain capital transactions or increasing remuneration – it is best to think of the CEBA as an emergency response tool.

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Ask The Expert: Why does our organization now have to start recording its capital assets?

Ask The Expert: Why does our organization now have to start recording its capital assets?
September 9, 2020

Question: Why does our organization now have to start recording its capital assets?

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What Your Organization Needs To Know About Record Keeping for The Canadian Emergency Wage Subsidy

What Your Organization Needs To Know About Record Keeping for The Canadian Emergency Wage Subsidy
August 1, 2020

The CRA may follow up on claims you have remitted, at its discretion. This is nothing to worry about; like with any government program, monitoring is always present. If your claims were made in good faith and you keep adequate books and records, you will be able to answer any inquiry they may have.

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Ask The Expert: AGMs and COVID-19

Ask The Expert: AGMs and COVID-19

Question: Our organization had to cancel our AGM due to the Coronavirus pandemic, how long do we have to reschedule?

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Giving the Gift of Christmas Cheer

Giving the Gift of Christmas Cheer

The holidays can be such a wonderful and magical time of the year and it’s a great way to show our love and appreciation for our community. Each year, the team at RLB makes a donation to an organization within the four communities of which we work in. In the past, we have supported toy drives, food banks, and food hampers. This year we are supporting ...

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