Qualifies for 1 CPD Hour.
Recorded 2020-11-03
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Materials:
PowerPoint https://www.lawsociety.sk.ca/wp-content/uploads/2020/11/PowerPoint-Presentation-CPD-286-NonProfit-Financial-Statements.pdf

Hear from an experienced auditor and lawyer on issues specific to financial statements for non-profit organizations. Review the types of non-profit entities you may encounter and the differences in corporate law and tax law definitions. Learn about the common issues around GAAP for non-profits and the going concern assumption that is so relevant in these financially-uncertain times. Discuss how to approach the important issue of reserves for charities or other non-profit entities.

Attendees who do not have any accounting training will benefit from first listening to the Law Society’s previous webinar: Orientation to Financial Statements for Lawyers - CPD 264, which can be found here: https://www.lawsociety.sk.ca/courses/cpd-264/.

Join Nancy Hopkins, Q.C. (McDougall Gauley) and Kathryn Bankowski (Buckberger Baerg & Partners LLP) for this informative presentation about non-profit financial statements.

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This content has been prepared for use in conjunction with a CPD program hosted by the Law Society of Saskatchewan. Reproduction of any portion of the program content, for purposes other than personal use, without the express written consent of the Law Society is strictly prohibited. The presenters have assumed that viewers will exercise their professional judgment regarding the correctness and applicability of the program content. The Law Society can accept no responsibility for any errors or omissions and expressly disclaims any such responsibility.

This transcript has been generated by an automated speech recognition system and may contain misspellings, mistranslations, or errors. It may be incomplete or inaccurate due to inaudible passages or speech recognition errors. It is provided as-is without any warranties or guarantees of accuracy. The Law Society of Saskatchewan does not assume any responsibility or liability for the use or interpretation of this transcript.