First Reference Talks

Discussions on Human Resources, Employment Law, Payroll and Internal Controls

Not for Profit

By | 3 Minutes Read

Not-for-profits and internal controls

Not-for-profits and internal controls often have an uneasy relationship. On the one hand, many not-for-profits, especially the smaller ones, lack the resources to implement robust internal controls. Yet internal controls are as critical in not-for-profits as in for-profit entities. In some respects, internal control failures can be more catastrophic for not-for-profits because the public, regulators, and others often hold them to a higher standard.

By | 7 Minutes Read

Budget Implementation Act passed allowing certain additional charitable partnerships

The Budget Implementation Act No. 1 was recently passed which allows for “(l) enabling registered charities to enter into charitable partnerships with organizations other than qualified donees under certain conditions;”.  There has been a lot of changes and misunderstandings about this change.

Footer

About us

Established in 1995, First Reference is the leading publisher of up to date, practical and authoritative HR compliance and policy databases that are essential to ensure organizations meet their due diligence and duty of care requirements.

Main Menu

Stay Connected