5 - 120 San Antonio Drive, Hamilton, Ontario L9C 5N2 • 905-389-2670 • Fax 905-389-4642

Accounting for Charities

Accounting for Charities

Your needs, as a charity, for an accountant are as unique as your organization. Turn to DBK Accounting for its specialized expertise with charities and nonprofits. Extensive experience and our own volunteer involvement with various charities gives us good understanding of the unique nature and challenges of the not-for-profit sector.

Not-for-profit organizations are coming under closer scrutiny by the government, donors and other stakeholders. The engagement of an accountant with specialized expertise is now more important than ever.

Service for Charities

Our services to charities and not-for-profit organizations include:

  • assurance services, including Review Engagements and Audits
  • compilation of Financial Information
  • setup and advice on best accounting practices
  • advice on what is and what is not a donation
  • split receipting
  • income tax and GST/HST information
  • evaluation of internal controls and recommendations for improvement
  • assistance with budget preparation, interim financial statements, and cash-flow analysis
  • advice on how to buy smart and negotiate with suppliers
  • preparation of government forms including T3010 Registered Charity Information Return and T1044 Not-for-Profit Organization Return
  • GST/HST exemptions and rebates
  • government compliance and regulations
  • software selection and implementation