Not For Profit

The professionals of Collins Barrow have consistently focused on the financial needs and demands of Canada's diverse not-for-profit sector. We recognize that a not-for-profit organizations' members, donors and stakeholders seek assurance of the integrity of financial information, clarity in reporting and transparency in disclosure.

Canadians are increasingly turning to the not-for-profit sector to provide collective responses to community needs as Governments continue to face financial constraints. Further, increased competitiveness, donor perceptions and a real demand for improved oversight has caused not-for-profits to call for the best financial advice they can get.

As a result, the pressure and responsibility of financial reporting and corporate governance for both small and national not-for-profit organizations has reached unprecedented levels with new standards of accounting becoming more complex and public demands for transparency becoming stronger. These trends will continue into the foreseeable future. All of this will impact not-for-profits in a variety of areas including the processing of charitable receipts, communicating donor concerns and future fundraising activities.

With Collins Barrow, you can take comfort in knowing that we never lose sight of the fact that you are operating with donor dollars and understand the need for transparency and accountability that comes with this responsibility.

Clearly Motivated

For decades, the accountants and advisors at Collins Barrow have provided not-for-profit organizations with the highest level of audit, tax and advisory services.

Not-for-profits are under tremendous pressure to deliver accountability and transparency. At Collins Barrow, our experienced professionals help not-for-profit organizations educate and empower boards and audit committees. Our audit, tax and advisory services are designed specifically to help manage risk and to make available the most meaningful financial insight necessary to stay accountable to all constituents including the CEO, Directors, Board Members and Donors.

We recognize that the not-for-profit sector is characterized by diversity in structure, membership, services, objectives and size. To keep up, you need to keep current. We understand that and help you stay ahead of the issues and trends that impact this sector. We do this with timely financial reporting and updates on any legislative or technical impacts to the organization throughout the annual financial cycle. We also provide relevant financial advice.

We have experience with a broad range of not-for-profit organizations that include charities and charitable foundations to volunteer organizations, professional bodies, memberships and associations, health and welfare organizations, social services groups, educational and cultural institutions, social and recreational clubs, artistic, community and cultural organizations and more.

Collins Barrow is committed to helping not-for-profits and other public agencies address complex questions and issues. We can do so successfully as a result of our extensive work and experience in the sector including:

• Assurance and Accounting
• Corporate Governance
• Streamlining of the Charitable Receipting Process
• Standards and Controls
• Restructuring
• Tax Reporting, Tax Minimization, Indirect Tax
• Conversion to ASPE + NPO or IFRS
• Other Reporting and Operating Considerations
• Other Advisory Services including review and advise on charitable receipting processes, assessment on technology risks and control