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Global Initiative to Develop Financial Reporting Guidance for Not-for-Profit Organizations (#IFR4NPO) 

AcSB staff are participating in a global initiative to develop non-authoritative financial reporting guidance for not-for-profit organizations (NFPOs) in jurisdictions that, unlike Canada, currently do not have NFPO accounting standards. The first in a series of three Exposure Drafts has recently been issued. Interested Canadians are encouraged to respond by March 31, 2023. Read our article for full details.