Model Financial Statements – Private sector NFPO – Part III of the CPA Canada Handbook - Accounting

Auteur : Ordre des comptables professionnels agréés du Québec

Overview

The “Model Financial Statements – Private Sector NFPOs – Part III of the CPA Canada Handbook – Accounting” include several sets of financial statements prepared in accordance with the new accounting standards in Part III of the CPA Canada Handbook – Accounting for private sector not-for-profit organizations (ASNFPO) as well as the standards in Part II that apply to NFPOs. The standards in Part III, issued in December 2010, became effective for annual financial statements relating to fiscal years beginning on or after January 1, 2012. These model financial statements only reflect changes that are applicable for periods beginning on or after January 1, 2012. These model financial statements only reflect changes that are applicable for periods beginning on or after January 1, 2017. Highlight Summary no. II.15 (July 2017) of Part II of the CPA Canada Handbook which will be applicable to financial statements for periods beginning as of January 1, 2018, is not taken into account in this version.

Update – August 2017

The August 2017 update includes Highlight Summary no. II.14 (December 2016) and Highlight Summary no. III.7 (September 2014). Note that there have been no changes made to Part III of the CPA Canada Handbook since September 2014 except to indicate that new sections 1591, 3051 and 3056 do not apply to NFPOs.

Note that the guide addressing specific application for syndicates of co-owners is sold separately. A training activity (in French only) is also available: Syndicats de copropriétaires : comptabilisation et conseils pratiques.


These financial statements include three general financial statements (Association A, Foundation B and Aid Agency C) for entities that already apply ASNFPOs as well as a complete section presenting additional examples of notes to financial statements for particular situations. Furthermore, a model financial statement for first-time adopters of ASNFPO is also included. In addition, each set of financial statements is also accompanied by notes to the financial statements, comments and illustrative audit or review engagement reports.

  • Section A – Association A: No fund accounting;
  • Section B – Foundation B: With fund accounting according to deferral method;
  • Section C – Aid Agency C: According to the restricted fund accounting;
  • Section D – Additional examples of notes and financial statement presentation
  • Section E – Association A: First-time adoption of ASNFPO;
  • Appendix 1 – Other example of a note on the impact of the changeover when an organization uses certain exemptions set out in Section 1501 of the Handbook
  • Annexe 2 – Assurance issues on transition to ASNPO
  • Annexe 3 – Effect on the financial statements when comparative information is presented in the form of comparative financial statements

 The model financial statements were designed to apply to a wide variety of situations and to set out examples of various options made available by the standards respecting financial statement presentation and content. A table at the beginning of this publication entitled General Comments summarizes these situations and options and will help readers to select the model most suitable to their situation.

   

Consult the table of contents.

Note that the guide addressing specific application for syndicates of co-owners is sold separately. A training activity (in French only) is also available: Syndicats de copropriétaires : comptabilisation et conseils pratiques.

Target audience

CPAs in public practice and CPAs in industry.

Package

  • Model Financial Statements – Private sector NFPO – Part III of the CPA Canada Handbook - Accounting
  • Guide for syndicates of co-ownership – Financial statement presentation and practical tips

Description complète

Version
Nº 00508 / Papier

186 pages
Année d’édition : 2017
Date de disponibilité : 2017-11-14
Délai de livraison : 2 semaines


Détails et grille tarifaire

Prix avant taxes Membre CPA Non-membre
À la carte 250,00 $ 250,00 $
Passeport CPA 750 CDP S/O
Passeport Multi-CPA 625 CDP S/O
Passeport Multi-usagers 625 CDP 625 CDP
Promo CPA 750 CDP S/O

Nº 05430 / PDF

186 pages
Année d’édition : 2017
Date de disponibilité : 2017-11-14
Délai de livraison : 24 ou 48 heures


Détails et grille tarifaire

Prix avant taxes Membre CPA Non-membre
À la carte 200,00 $ 200,00 $
Passeport CPA 600 CDP S/O
Passeport Multi-CPA 500 CDP S/O
Passeport Multi-usagers 500 CDP 500 CDP
Promo CPA 600 CDP S/O

Nº 05431 / Papier + PDF

186 pages
Année d’édition : 2017
Date de disponibilité : 2017-11-14
Délai de livraison : 2 semaines


Détails et grille tarifaire

Prix avant taxes Membre CPA Non-membre
À la carte 325,00 $ 325,00 $
Passeport CPA 975 CDP S/O
Passeport Multi-CPA 810 CDP S/O
Passeport Multi-usagers 810 CDP 810 CDP
Promo CPA 975 CDP S/O

Nº 05445 / Licence illimitée sans adaptation (PDF) - 25 utilisateurs et moins

186 pages
Année d’édition : 2017
Date de disponibilité : 2017-11-14
Délai de livraison : 24 ou 48 heures


Détails et grille tarifaire

Prix avant taxes Membre CPA Non-membre
À la carte 1 000,00 $ 1 000,00 $
Passeport CPA 3000 CDP S/O
Passeport Multi-CPA 2500 CDP S/O
Passeport Multi-usagers 2500 CDP 2500 CDP
Promo CPA 3000 CDP S/O

Nº 05456 / Licence illimitée avec adaptation (Word) - 15 utilisateurs et moins

186 pages
Année d’édition : 2017
Date de disponibilité : 2017-11-14
Délai de livraison : 24 ou 48 heures


Détails et grille tarifaire

Prix avant taxes Membre CPA Non-membre
À la carte 1 000,00 $ 1 000,00 $
Passeport CPA 3000 CDP S/O
Passeport Multi-CPA 2500 CDP S/O
Passeport Multi-usagers 2500 CDP 2500 CDP
Promo CPA 3000 CDP S/O

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