Resources & Articles

Not for Profit


5 Signs Your Nonprofit Needs to Update its Business ProcessesAugust 19th, 2022

(authored by RSM CANADA) Modernizing business processes has never been more crucial for mission-driven organizations. Key indicators let nonprofits know it may be time to upgrade their technology.
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Increasing a nonprofit’s impact through operational efficiencyJuly 14th, 2022

(authored by RSM CANADA) Nonprofit organizations often have lean operational budgets. But a nonprofit that struggles with its operations will soon find itself with limited mission impact as well.
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The Advantages and Pitfalls of Donation Receipting for CharitiesJuly 13th, 2022

One of the greatest benefits of a not for profit organization being categorized as a registered charity is its ability to issue official donation receipts. ...
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Do We Need an Audit? An Overview of Not-for-Profit Organizations and Their Financial Statement RequirementsFebruary 15th, 2022

There have been a number of changes in recent years to modernize the laws governing corporations without share capital. These corporations were previously governed by...
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Meet the Not-for-Profit Industry Advisory TeamDecember 10th, 2021

Meet our team of Not-for-Profit Industry Advisory professionals. They understand the unique business needs of Not-for-Profit organizations and know the specific challenges that are faced.
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Are There Benefits to Gifting Publicly Traded Securities to a Charity?October 28th, 2021

If you own publicly traded securities (stocks, bonds, or mutual funds), outside of a registered account (RRSP, RRIF, TFSA), you may be wondering if there...
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The Benefits of Outsourcing Within the Not-for-Profit SectorJuly 13th, 2021

It is a known fact that Not-for-Profit organizations tend to operate with constrained resources. Monetary resources are primarily focused on their mission. For this reason,...
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5 Ways for Not-for-Profits to Remain AgileMay 5th, 2021

Not-for-Profit (NFP) organizations and charities alike have been deeply impacted by the global health crisis.  It is important now more than ever, for these entities...
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GST/HST with Early Payment Discounts and Late Payment PenaltiesMarch 22nd, 2021

As an incentive to improve cash flow, many companies offer early payment discounts to their customers, such as 2/10 net 30 terms (i.e. two percent...
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We Understand the Unique Business Needs of Not-for-Profit OrganizationsMarch 3rd, 2021

Not-for-Profit organizations are unique businesses and we understand that. We know the specific challenges you face, as many of our DJB advisors are board members...
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