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Not for Profit

By Apolone Gentles, JD, CPA,CGA, FCCA, Bsc (Hons) | 3 Minutes Read June 8, 2022

Risk management for not-for-profits

Risk management is as critical in the not-for-profit sector as it is in the for-profit world. The more common definition of risk is the chance that events prevent an organization from achieving its objectives. In reality, risk is the possibility that events will affect the achievement of objectives.

Article by Apolone Gentles, JD, CPA,CGA, FCCA, Bsc (Hons) / Business, Not for Profit / charities, cryptocurrency, enterprise risk management, Internal Controls, not-for-profits, privacy, risk, risk management, taxes Leave a Comment

By Occasional Contributors | 7 Minutes Read March 18, 2022

What should charities do if they find out that a board member donated to the Freedom Convoy?

This is a situation where an individual used their own personal funds donated to the convoy and did not use charity funds which would be a much worse and more serious issue.

Article by Occasional Contributors / Not for Profit / board members, charities, Donations, fiduciary responsibilities, Freedom Convoy, GiveSendGo, GoFundMe, social media Leave a Comment

By Occasional Contributors | 8 Minutes Read February 23, 2022

Accepting cryptocurrency for donations or payments can be quite risky for Canadian charities unless you know what you are doing

bitcoin in front of a computer screenCryptocurrency has been in the news now for many years. While cryptocurrencies such as Bitcoin, Ethereum etc. have received a lot of attention, in my anecdotal experience, very little money has been provided to Canadian charities through cryptocurrency.

Article by Occasional Contributors / Finance and Accounting, Not for Profit / charities, CRA charity audits, cryptocurrency, donatinos Leave a Comment

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