Canadian vs. U.S. Non-Profit Financial Reporting: What Boards Should Know
Table of Contents Introduction: Why Cross-Border Boards Need Financial Clarity Reporting Frameworks: U.S. GAAP vs Canadian ASNPO Fund Accounting & Net Asset Classifications Statement Layout & Terminology Differences Revenue Recognition & Donor Restrictions Regulatory Filings: Form 990 vs T3010 Audit, Assurance & Board Oversight Expectations Conclusion: Governance Alignment for Transparency & Trust Introduction: Why Cross-Border…
