New Financial Reporting for Small Charities. Welcome to our webinar session! A webinar for accountants. Things to note before we begin

Size: px
Start display at page:

Download "New Financial Reporting for Small Charities. Welcome to our webinar session! A webinar for accountants. Things to note before we begin"

Transcription

1 Welcome to our webinar session! Things to note before we begin Most of you will be listening using your computer's speaker system by default. Have you done a sound check? This will ensure you can hear the presenter as soon as the broadcast starts, rather than rushing around and missing the start because you experience sound problems at your end. Choose your sound option when the desktop app opens and displays either your computer's audio or your telephone. If at any time during the session you experience sound problems such as echo or feedback you might consider using your phone instead. Can you see the handouts? These are in the Handouts pane at the base of your desktop control panel. Why not check them out while you re waiting for us to get under way. New Financial Reporting for Small Charities A webinar for accountants July 2016 Julia Fletcher, DIA Aimy Luu Huynh, XRB 1

2 Introduction Words from Charities Services and the External Reporting Board (XRB) Why are we doing this? The importance of doing it right 3 4 2

3 New Legal Framework Financial Reporting Act 2013 Financial Reporting (Amendments to other enactments) Act Amendments to Charities Act 2005 section 42A All registered charities follow XRB standards 5 New Accounting Standards Framework Accounting Standards Framework consists of separate standards for For-profit Entities for Public Benefit Entities (Not-for-profit and public sector) 6 3

4 Not-For-Profit Framework Tier Entities Standards Public Accountability Total expenses >$30m Total operating expenses $30m Total operating expenses $2m Total operating payments <$125k (where law allows) Full PBE Standards PBE Standards with disclosure concessions Simple Format Standard (accrual) Simple Format Standard (cash) 7 Not-For-Profit Framework Tier Charities Total operating expenses >$30m Total operating expenses $30m Total operating expenses $2m Total operating payments <$125k <1% 3% 22% 75% 8 4

5 Simple Format Reporting Standards Single, standalone standards Less technical language Simpler requirements Common transactions 9 Tier 3 Criteria Less than or equal to $2 million operating expenses Day to day expenses e.g. grant payments, depreciation Excludes capital payments e.g. physical assets or investments Accrual-based accounting Transactions earned or incurred Includes debtors and creditors 10 5

6 Tier 4 Criteria Under $125,000 operating payments Day to day expenses Excludes capital payments e.g. physical assets or investments Cash-based accounting Cash paid and received Excludes depreciation 11 Overview Tier 3 SFR Standard: accrual (PBE SFR-A (NFP)) EG A5: template & guidance notes Spreadsheet & PDF templates (optional) Tier 4 SFR Standard: cash (PBE SFR-C (NFP)) EG A6: template & guidance notes Spreadsheet & PDF templates (optional) 12 6

7 Further Information 13 Tier 4 Performance Report Tier 4 Performance Report Non-financial Financial Entity Information Receipts & Payments Service Performance Resources & Commitments Supporting Info Notes 14 7

8 Tier 3 Performance Report Tier 3 Performance Report Non-financial Entity Information Service Performance Financial Financial Performance Financial Position Cash Flows Supporting Info Policies + Notes 15 Telling Your Story Entity Information Who are we? Why do we exist? Service Performance What did we do? Why those activities? Non-financial information Adds richness to our story Creates better understanding 16 8

9 Statement of Service Performance * 17 Key Features of the Financial Information Basis of Preparation o Tier 3 and Tier 4 are different approaches, accrual vs cash Categories o How much leeway is there? o What do we do with grants? Recognition of certain transactions o E.g. donated inventories and assets Related parties o Particularly prevalent in charities 18 9

10 Minimum Categories These are the Tier 3 Revenue and Tier 4 Receipt categories. Tier 3 - Revenue Donations, fundraising and other similar revenue Fees, subscriptions and other revenue from members Revenue from providing goods or services Interest, dividends and other investment revenue Tier 4 - Receipts Donations, fundraising and other similar receipts Fees, subscriptions and other receipts from members Receipts from providing goods or services Interest, dividends and other investment receipts Receipts from the sale of resources Receipts from borrowings 19 Categories How Much Leeway? The table below shows what can and can t be done to the categories. What can I do? Yes No Rename categories Add subtotals or headings Disaggregate categories Delete unused categories Merge minimum categories Add a category called grants and record all grants in it 20 10

11 Grants Questions to think about What was the grant for? What are the conditions of the grant? Decisions to make Which category does the grant get recorded in? When do I record the grant? 21 Grants Where and When to Record Category Grant received for general admin Grant received for service provision Recognition Grant received with no use or return condition Grant received with a use or return condition Tier 3 Treatment Record under: Donations, fundraising and other similar revenue Record under: Revenue from providing goods or services Record when grant is received Record as a liability initially and record the income and expense as the grant is spent Tier 4 Treatment Record under: Donations, fundraising and other similar receipts Record under: Receipts from providing goods or services Record when grant is received Record as a receipt, and record the unspent balance as a commitment 22 11

12 Recognition of Certain Transactions Tier 3 Source How to record Comments Donated goods or services Do not record Significant items to be disclosed in the notes Donated inventory Do not record Can choose to record if there is a readily obtainable market value. If significant, disclose in the notes Donated property, plant and equipment (including heritage assets) Current value such as rateable value or government value If there is no readily obtainable value, then do not record. If significant, disclose in the notes 23 Related Party Transactions Tiers 3 & 4 Related parties are people who hold decision-making power in the charity and their close family members Related parties can also be other organisations Transactions must be stated in the notes; they could be cash or non-cash (in kind) donations Transparency about these kinds of transactions protects a charity s reputation 24 12

13 Audit and Review Requirements Operating expenditure $500k = review or audit Operating expenditure $1m = audit Must be done by a qualified auditor Statutory audits/reviews include non-financial information (Entity Information and Statement of Service Performance) 25 Reporting Requirements New Reporting Standards Assurance Engagement NRS Tier NRS Tier thresholds - Opex Non-financial info required Title of End of year accounts Size Statutory Assurance Engagement 1 > $30 million No Financial Statements Large Audit 2 $30 million No Financial Statements Large Audit 3 $2 million Yes Performance Report Large Audit (non-financial info included) < $1 million Yes Performance Report Medium Review or Audit (non-financial info included) < $500,000 Yes Performance Report Small None required by law 4 < $125,000 Yes Performance Report Small None required by law NB: although Tiers 1 & 2 do not currently need to provide non-financial information, there is an exposure draft on issue at the moment that intends to introduce this requirement in the next couple of years 26 13

14 Help is at Hand Videos o Overview; Tier 3; Tier 4; Annual Return Tutorials to Use Excel Templates o Separate Tier 3 and Tier 4 tutorials Information and Guidance o Templates; guidance notes; further guidance, example performance reports, FAQs and a Blog People o nrs.charities@dia.govt.nz o 0508 charities ( ) o DIA Community Operations o Your accountant

15 Questions? 29 15

Accounting for Government Grants

Accounting for Government Grants 170 Accounting Standard (AS) 12 (issued 1991) Accounting for Government Grants Contents INTRODUCTION Paragraphs 1-3 Definitions 3 EXPLANATION 4-12 Accounting Treatment of Government Grants 5-11 Capital

More information

GST MANUAL 1. GST AND CHS P&C Why is Chatswood P&C Registered for GST? What things do we need to charge GST on? 2

GST MANUAL 1. GST AND CHS P&C Why is Chatswood P&C Registered for GST? What things do we need to charge GST on? 2 GST MANUAL Contents 1. GST AND CHS P&C 2 1.1. Why is Chatswood P&C Registered for GST? 2 1.2. What things do we need to charge GST on? 2 1.3. How does charging GST and claiming back GST on purchases (input

More information

Sri Lanka Accounting Standard LKAS 20. Accounting for Government Grants and Disclosure of Government Assistance

Sri Lanka Accounting Standard LKAS 20. Accounting for Government Grants and Disclosure of Government Assistance Sri Lanka Accounting Standard LKAS 20 Accounting for Government Grants and Disclosure of Government Assistance CONTENTS paragraphs SRI LANKA ACCOUNTING STANDARD LKAS 20 ACCOUNTING FOR GOVERNMENT GRANTS

More information

CORPORATION FOR PUBLIC BROADCASTING OFFICE OF INSPECTOR GENERAL

CORPORATION FOR PUBLIC BROADCASTING OFFICE OF INSPECTOR GENERAL CORPORATION FOR PUBLIC BROADCASTING OFFICE OF INSPECTOR GENERAL AUDIT OF COMMUNITY SERVICE AND OTHER SELECTED GRANTS AT KENTUCKY AUTHORITY FOR EDUCATIONAL TELEVISION, INC., KET-TV, LEXINGTON, KENTUCKY

More information

Accounting for Government Grants and Disclosure of Government Assistance

Accounting for Government Grants and Disclosure of Government Assistance International Accounting Standard 20 Accounting for Government Grants and Disclosure of Government Assistance This version includes amendments resulting from IFRSs issued up to 31 December 2010. IAS 20

More information

HENDERSHOT, BURKHARDT & ASSOCIATES CERTIFIED PUBLIC ACCOUNTANTS

HENDERSHOT, BURKHARDT & ASSOCIATES CERTIFIED PUBLIC ACCOUNTANTS Young Marines of the Marine Corps League Financial Statements for the Year Ended September 30, 2016 and Independent Auditors Report Dated March 8, 2017 HENDERSHOT, BURKHARDT & ASSOCIATES CERTIFIED PUBLIC

More information

Toy Library Federation of New Zealand Incorporated Performance Report For the year ended 31 March 2017

Toy Library Federation of New Zealand Incorporated Performance Report For the year ended 31 March 2017 Performance Report Taranaki Toy Library Performance Report Contents Non-Financial Information: Page President's Report 1 Entity Information 2 Board and Staff Profiles 3 Sponsors and Supporters/Partners

More information

Sri Lanka Accounting Standard-LKAS 20. Accounting for Government Grants and Disclosure of Government Assistance

Sri Lanka Accounting Standard-LKAS 20. Accounting for Government Grants and Disclosure of Government Assistance Sri Lanka Accounting Standard-LKAS 20 Accounting for Government Grants and Disclosure of Government Assistance -609- Accounting -610- Definitions 3 The following terms are used in this Standard with the

More information

New Zealand Equivalent to International Accounting Standard 20 Accounting for Government Grants and Disclosure of Government Assistance (NZ IAS 20)

New Zealand Equivalent to International Accounting Standard 20 Accounting for Government Grants and Disclosure of Government Assistance (NZ IAS 20) New Zealand Equivalent to International Accounting Standard 20 Accounting for Government Grants and Disclosure of Government Assistance (NZ IAS 20) Issued November 2004 and incorporates amendments to 31

More information

Accounting for Government Grants and Disclosure of Government Assistance

Accounting for Government Grants and Disclosure of Government Assistance IAS Standard 20 Accounting for Government Grants and Disclosure of Government Assistance In April 2001 the International Accounting Standards Board adopted IAS 20 Accounting for Government Grants and Disclosure

More information

IAS 20, Accounting for Government Grants and Disclosure of Government Assistance A Closer Look

IAS 20, Accounting for Government Grants and Disclosure of Government Assistance A Closer Look IAS 20, Accounting for Government Grants and Disclosure of Government Assistance A Closer Look K.S.Muthupandian* International Accounting Standard (IAS) 20, Accounting for Government Grants and Disclosure

More information

Cultural and Built Heritage Funding Program - Project Grants Terms of Eligibility

Cultural and Built Heritage Funding Program - Project Grants Terms of Eligibility Cultural and Built Heritage Funding Program - Project Grants Terms of Eligibility 1.0 Description of Program Funded by the City of Brantford Casino Reserve Fund, the goal of the Cultural and Built Heritage

More information

Accounting for Government Grants

Accounting for Government Grants 175 Accounting Standard (AS) 12 (issued 1991) Accounting for Government Grants Contents INTRODUCTION Paragraphs 1-3 Definitions 3 EXPLANATION 4-12 Accounting Treatment of Government Grants 5-11 Capital

More information

Accounting for Government Grants and Disclosure of Government Assistance

Accounting for Government Grants and Disclosure of Government Assistance Indian Accounting Standard (Ind AS) 20 Accounting for Government Grants and Disclosure of Government Assistance (This Indian Accounting Standard includes paragraphs set in bold type and plain type, which

More information

Corporation for Public Broadcasting

Corporation for Public Broadcasting Corporation for Public Broadcasting What is NFFS? Live Webinar Training October 11, 2017 Introductions Webinar Presenters Kate Arno, Director, TV CSG Policy & Review Biniam Debebe, Senior Financial Reviews

More information

BACKGROUND. CPB Community Service Grant

BACKGROUND. CPB Community Service Grant This report presents the conclusions of the OIG. The findings and recommendations presented in this report do not necessarily represent CPB s final position on these matters. CPB officials will make a

More information

Canada Cultural Investment Fund (CCIF)

Canada Cultural Investment Fund (CCIF) Canada Cultural Investment Fund (CCIF) Endowment Incentives Component Guidelines Endowment Incentives 1 This publication is available in PDF format on the Internet at http://www.pch.gc.ca/eng/1268614803109#a5

More information

Yes, Non-Profit Organizations Are Different!

Yes, Non-Profit Organizations Are Different! Yes, Non-Profit Organizations Are Different! Webinar for Meals on Wheels Association of America December 16, 2011 Presented by: Robert J. Kollar, CPA Director, Master of Accountancy Program Duquesne University

More information

OMB Circular A-133 Reporting Package. Saginaw Valley State University. Year ended June 30, 2009

OMB Circular A-133 Reporting Package. Saginaw Valley State University. Year ended June 30, 2009 OMB Circular A-133 Reporting Package Saginaw Valley State University Year ended June 30, 2009 Saginaw Valley State University OMB Circular A-133 Reporting Package Year ended June 30, 2009 Audited Financial

More information

NOT-FOR-PROFIT INSIDER

NOT-FOR-PROFIT INSIDER NOT-FOR-PROFIT INSIDER VOLUME 11 :: ISSUE 3 In This Issue: Challenges For Nonprofits In 2017: Fulfilling Mission Goals With Flexible Strategies Presenting The Financial Statements With Appeal To Major

More information

Circular A-133 Audits for Non-Profits Receiving Grants Preparing for Audits and Protecting Grant Eligibility Given Current Government Priorities

Circular A-133 Audits for Non-Profits Receiving Grants Preparing for Audits and Protecting Grant Eligibility Given Current Government Priorities Presenting a live 110-minute teleconference with interactive Q&A Circular A-133 Audits for Non-Profits Receiving Grants Preparing for Audits and Protecting Grant Eligibility Given Current Government Priorities

More information

COUNTY OF SAN MATEO STATEMENT OF GRANT REVENUES AND EXPENDITURES. With Auditor s Reports Thereon

COUNTY OF SAN MATEO STATEMENT OF GRANT REVENUES AND EXPENDITURES. With Auditor s Reports Thereon COUNTY OF SAN MATEO California Multi-Jurisdictional Methamphetamine Grant Award No. MH06010410 Grant Period: July 1, 2006 through June 30, 2007 STATEMENT OF GRANT REVENUES AND EXPENDITURES With Auditor

More information

You & Your Organisation. Welcome to The London Marathon Charitable Trust's online application form for a Major Capital Grant.

You & Your Organisation. Welcome to The London Marathon Charitable Trust's online application form for a Major Capital Grant. Major Capital Grants Application Form City You & Your Organisation Welcome to The London Marathon Charitable Trust's online application form for a Major Capital Grant. This application form is for funding

More information

Exposure Draft of. Amendments to Ind AS 20, Accounting for Government Grants and Disclosure of Government Assistance

Exposure Draft of. Amendments to Ind AS 20, Accounting for Government Grants and Disclosure of Government Assistance Exposure Draft of ED/Ind AS/2018/01 Amendments to Ind AS 20, Accounting for Government Grants and Disclosure of Government Assistance (Last date for Comments: January 24, 2018) Issued by Accounting Standards

More information

Get Hands-on with CanadaHelps Fundraising Tools for Holiday Success

Get Hands-on with CanadaHelps Fundraising Tools for Holiday Success Get Hands-on with CanadaHelps Fundraising Tools for Holiday Success CanadaHelps is a non-profit social enterprise serving charities & donors. CanadaHelps is a charity that helps charities. We ensure all

More information

HUMBOLDT STATE UNIVERSITY SPONSORED PROGRAMS FOUNDATION

HUMBOLDT STATE UNIVERSITY SPONSORED PROGRAMS FOUNDATION HUMBOLDT STATE UNIVERSITY SPONSORED PROGRAMS FOUNDATION BASIC FINANCIAL STATEMENTS, SUPPLEMENTARY INFORMATION, AND SINGLE AUDIT REPORTS Including Schedules Prepared for Inclusion in the Financial Statements

More information

AN INTRODUCTION TO FINANCIAL MANAGEMENT FOR GRANT RECIPIENTS. National Historical Publications and Records Commission

AN INTRODUCTION TO FINANCIAL MANAGEMENT FOR GRANT RECIPIENTS. National Historical Publications and Records Commission AN INTRODUCTION TO FINANCIAL MANAGEMENT FOR GRANT RECIPIENTS National Historical Publications and Records Commission March 5, 2012 Contents USE OF THE GUIDE... 2 ACCOUNTABILITY REQUIREMENTS... 2 Financial

More information

Specialist Radio Programming Round /19

Specialist Radio Programming Round /19 Using this form Specialist Radio Programming Support - how to apply Use this form to apply for support for Specialist Radio Programming (ongoing, regular ethnic, Indigenous and RPH programming). Do not

More information

Opportunity Finance Network Guide to CDFI Program (Financial Assistance and Technical Assistance) FY2015 v.3 October 23, 2014

Opportunity Finance Network Guide to CDFI Program (Financial Assistance and Technical Assistance) FY2015 v.3 October 23, 2014 Opportunity Finance Network Guide to CDFI Program (Financial Assistance and Technical Assistance) FY2015 v.3 October 23, 2014 This guide reflects an analysis of the FY2015 Notice of Funds Available (NOFA),

More information

Nonprofit 911: Is Fiscal Sponsorship Right for You?

Nonprofit 911: Is Fiscal Sponsorship Right for You? Nonprofit 911: Is Fiscal Sponsorship Right for You? With Brad Luckhardt and Jean Paul Warmoes Audio for this event will be available beginning at 1 pm ET via your PC speakers or headphones If you are unable

More information

GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION, INC. AND AFFILIATE (A COMPONENT UNIT OF THE STATE OF GEORGIA)

GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION, INC. AND AFFILIATE (A COMPONENT UNIT OF THE STATE OF GEORGIA) GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION, INC. AND AFFILIATE (A COMPONENT UNIT OF THE STATE OF GEORGIA) FINANCIAL STATEMENTS AND COMPLIANCE REPORTS For the Year Ended June 30, 2013 GEORGIA STATE UNIVERSITY

More information

COMIC RELIEF AWARDS THE GRANT TO YOU, SUBJECT TO YOUR COMPLYING WITH THE FOLLOWING CONDITIONS:

COMIC RELIEF AWARDS THE GRANT TO YOU, SUBJECT TO YOUR COMPLYING WITH THE FOLLOWING CONDITIONS: Example conditions of grant Below are the standard conditions that we ask grant holders to sign up to when accepting a grant from Comic Relief. These conditions are provided here only as an example; we

More information

CSU Auxiliaries 101. CSU 101 October 25-28, 2015 Pismo Beach, CA. Auxiliary Organizations Association. John Griffin

CSU Auxiliaries 101. CSU 101 October 25-28, 2015 Pismo Beach, CA. Auxiliary Organizations Association. John Griffin CSU Auxiliaries 101 CSU 101 October 25-28, 2015 Pismo Beach, CA Auxiliary Organizations Association John Griffin 2015 AOA President (Chief Financial Officer, The University Corporation, CSU Northridge)

More information

University of Florida Foundation, Inc. Financial and Compliance Report June 30, 2016

University of Florida Foundation, Inc. Financial and Compliance Report June 30, 2016 University of Florida Foundation, Inc. Financial and Compliance Report Contents Independent auditor s report 1-2 Financial statements Statement of financial position 3 Statement of activities 4 Statement

More information

Meshack Matengo Matengo & Associates Financial & Management Consultants. Matengo & Associates. Matengo & Associates. Matengo & Associates 3

Meshack Matengo Matengo & Associates Financial & Management Consultants. Matengo & Associates. Matengo & Associates. Matengo & Associates 3 Meshack Matengo Financial & Management Consultants Not-for-Profit Organisations (NPOs) are also often referred to as Development Organisations, Private Voluntary Organisations, Civil Society Organisations

More information

Tel: ey.com

Tel: ey.com Ernst & Young LLP 5 Times Square New York, NY 10036 Tel: +1 212 773 3000 ey.com Ms. Susan M. Cosper Technical Director Financial Accounting Standards Board 401 Merritt 7 P.O. Box 5116 Norwalk, CT 06856-5116

More information

Central Louisiana Business Incubator

Central Louisiana Business Incubator /^3J^ Central Louisiana Business Incubator (A Program ofthe Alexandria Metropolitan Foundation) Alexandria, Louisiana April 30, 2010 UnccTprovision;", c: State law. tmisiepoilisa puclio document.acopy

More information

MASB Standard 31. Accounting for Government Grants and Disclosure of Government Assistance

MASB Standard 31. Accounting for Government Grants and Disclosure of Government Assistance LEMBAGA PIAWAIAN PERAKAUNAN MALAYSIA MALAYSIAN ACCOUNTING STANDARDS BOARD MASB Standard 31 Accounting for Government Grants and Disclosure of Government Assistance Any correspondence regarding this Standard

More information

FY2016 Grant Application Workshop. Basics of Financial Management for Grant Applicants

FY2016 Grant Application Workshop. Basics of Financial Management for Grant Applicants FY2016 Grant Application Workshop Basics of Financial Management for Grant Applicants Jerron M. Johnson Chief Field Program Officer Missouri Community Service Commission November 19, 2015 Session Overview

More information

Calls for applications are also announced during the live broadcasts of the Lotto draw.

Calls for applications are also announced during the live broadcasts of the Lotto draw. SA LOTTO FUNDING APPLICATION INFO How To Apply For Funding Watch the NLC website, the print media and major radio stations for adverts calling for applications for grants in the sector that is relevant

More information

THE REED INSTITUTE. Independent Auditors Report in Accordance with the Uniform Guidance for Federal Awards

THE REED INSTITUTE. Independent Auditors Report in Accordance with the Uniform Guidance for Federal Awards Independent Auditors Report in Accordance with the Uniform Guidance for Federal Awards Year Ended June 30, 2017 Table of Contents Independent Auditors Report on Compliance for Each Major Program; Report

More information

Specialist Radio Programming

Specialist Radio Programming How to apply Using SmartyGrants Use the Next Page and Previous Page buttons or the Application Form Navigation list on the right-hand-side to move between questions. This will automatically save your application.

More information

Voluntary Action South West Surrey Annual Report and Financial Statements 2009/2010. Registered Charity Number: Company Number:

Voluntary Action South West Surrey Annual Report and Financial Statements 2009/2010. Registered Charity Number: Company Number: Voluntary Action South West Surrey Annual Report and Financial Statements 2009/2010 Registered Charity Number: 1116293 Company Number: 05841344 VOLUNTARY ACTION SOUTH WEST SURREY (a company limited by

More information

technical factsheet 182 School academies advice for auditors

technical factsheet 182 School academies advice for auditors technical factsheet 182 School academies advice for auditors INTRODUCTION The number of academies in England has increased drastically over the past few years -from 203 in 2010 to 1,957 by August 2012.

More information

Improvements to IFRS 8 Operating Segments arising from the post-implementation review Paper topic A brief history of IFRS 8

Improvements to IFRS 8 Operating Segments arising from the post-implementation review Paper topic A brief history of IFRS 8 IASB Agenda ref 27A STAFF PAPER REG IASB Meeting Project November 2017 Improvements to IFRS 8 Operating Segments arising from the post-implementation review Paper topic A brief history of IFRS 8 CONTACT(S)

More information

AND WHEREAS Council is desirous of setting a policy respecting grants to organizations.

AND WHEREAS Council is desirous of setting a policy respecting grants to organizations. CITY OF TIMMINS BY- LAW NO. 2017-8000 BEING A BY- LAW to authorize the Corporation of the City of Timmins to establish a policy respecting grants to organizations for the City of Timmins. WHEREAS the Municipal

More information

Minnesota s Capital Investment Process: What Cities Should Know. Webinar for the League of MN Cities May 2, 2017

Minnesota s Capital Investment Process: What Cities Should Know. Webinar for the League of MN Cities May 2, 2017 Minnesota s Capital Investment Process: What Cities Should Know Webinar for the League of MN Cities May 2, 2017 Capital Budget FAQ for Local Governments How and When Do I Submit My Requests? 2018 Timeline

More information

Simple Financial Tools for Non-profits

Simple Financial Tools for Non-profits CORE (Centre for Organizational Resilience) For Youth Initiative Building the capacity of youth-led organizations Creating a sustainable and responsive youth-led sector Simple Financial Tools for Non-profits

More information

distinction as to race, religion, age or disability, and in compliance with relevant legislation.

distinction as to race, religion, age or disability, and in compliance with relevant legislation. People and Places - Standard terms and conditions of grant Definitions We and our refer to the organisation receiving the grant bound by these terms and conditions. You and your means the Big Lottery Fund

More information

Grants Module Guide. Table of Contents

Grants Module Guide. Table of Contents Table of Contents Welcome to the Grants Module... 2 Introduction... 2 Free Evaluation Trial... 2 Ordering the Grants Module... 2 Accessing the Module... 3 Getting Started... 3 Review Your Qualified Clubs

More information

SSAP 35 STATEMENT OF STANDARD ACCOUNTING PRACTICE 35 ACCOUNTING FOR GOVERNMENT GRANTS AND DISCLOSURE OF GOVERNMENT ASSISTANCE

SSAP 35 STATEMENT OF STANDARD ACCOUNTING PRACTICE 35 ACCOUNTING FOR GOVERNMENT GRANTS AND DISCLOSURE OF GOVERNMENT ASSISTANCE SSAP 35 STATEMENT OF STANDARD ACCOUNTING PRACTICE 35 ACCOUNTING FOR GOVERNMENT GRANTS AND DISCLOSURE OF GOVERNMENT ASSISTANCE (Issued March 2002) The standards, which have been set in bold italic type,

More information

Fact Sheet Donation Application Form

Fact Sheet Donation Application Form Limited Fact Sheet Donation Application Form Pub Charity Limited distributes proceeds from gaming machines situated in venues throughout New Zealand. Pub Charity Limited provides enduring community benefit

More information

Grant Project Financial Statements and. Independent Auditor's Report. The General Secretariat of the Government

Grant Project Financial Statements and. Independent Auditor's Report. The General Secretariat of the Government Public Disclosure Authorized O Grant Thornton Grant Project Financial Statements and N I' 2$... ID CP P, IData.0C.....' Independent Auditor's Report Public Disclosure Authorized The General Secretariat

More information

Culture Grant Program 2018 APPLICATION GUIDELINES

Culture Grant Program 2018 APPLICATION GUIDELINES Culture Grant Program 2018 APPLICATION GUIDELINES Application deadline Returning applicants: 4:30 pm, March 31, 2018 New applicants: 4:30 pm, May 1, 2018 Objective The objective of the Culture Grant Program

More information

SJSU Research Foundation Cost Share Policy

SJSU Research Foundation Cost Share Policy SJSU Research Foundation Cost Share Policy Office of Sponsored Programs Policy No.: Effective Date: Supersedes: n/a Publication Date: OSP. 03-04-001 Rev. A 05/01/2017 6/29/2017 1.0 Purpose The Cost Share

More information

Source of Income 2015 data 2016 data

Source of Income 2015 data 2016 data Page 1 of 11 Schedule A NFFS Excluded? If you have an NFFS Exclusion, please click the "NFFS X" button, and enter your NFFS data. Source of Income 2015 data 1. Amounts provided directly by federal government

More information

TAN SRI LEE LAM THYE HONOURED CONTENTS

TAN SRI LEE LAM THYE HONOURED CONTENTS 2015 COMMUNITY HOSPITAL IMPROVEMENT MARKETING, PR OR ONLINE PRESENCE 2 TAN SRI LEE LAM THYE HONOURED 3 The MAA Medicare Charitable Foundation was awarded the GOLD winner, Best Practice Award 2016 by the

More information

American Horse Rescue Network (AHRN) Grant Program

American Horse Rescue Network (AHRN) Grant Program American Horse Rescue Network (AHRN) Grant Program AHRN grants are given to organizations that demonstrate a need in any, but not limited to, the following categories: a) Gelding Fund; b) Euthanasia Fund;

More information

Every nonprofit conducting their own unique campaign on the day. Any IRS recognized nonprofit serving New York State

Every nonprofit conducting their own unique campaign on the day. Any IRS recognized nonprofit serving New York State Registering For Agenda The Basics Benefits to participating Registering for #NYGivesDay Intro to GiveGab - your 2017 #NYGivesDay Platform! The GiveGab Basics Key Features and Resources Next Steps and Questions

More information

Common Application Questions

Common Application Questions Common Application Questions Important: This document provides a list of questions on our online application. We designed it to help you prepare answers for your application in advance of logging on to

More information

N O N-PR O FI T O R G A NI Z A T I O NS

N O N-PR O FI T O R G A NI Z A T I O NS FIN A N C I A L M A N A G E M E N T G UID E F O R N O N-PR O FI T O R G A NI Z A T I O NS N A T I O N A L E ND O W M E N T F O R T H E A R TS O F F I C E O F INSP E C T O R G E N E R A L SEP T E M B E

More information

Jeans for Genes Day Genetic Disorders UK. Guidance for Applicants JEANS FOR GENES DAY. Supporting families affected by genetic disorders

Jeans for Genes Day Genetic Disorders UK. Guidance for Applicants JEANS FOR GENES DAY. Supporting families affected by genetic disorders Jeans for Genes Day Genetic Disorders UK Guidance for Applicants JEANS FOR GENES DAY Supporting families affected by genetic disorders Contents 3 Jeans for Genes Day / Genetic Disorders UK 4 The 2015 Grant

More information

CULTIVATE HOLDINGS, INC. (MRN281268)

CULTIVATE HOLDINGS, INC. (MRN281268) CULTIVATE HOLDINGS, INC. (MRN281268) BACKGROUND & APPLICATION OF INTENT REVIEW 1. Name of the Marijuana Establishment and its application number: Cultivate Holdings, Inc. (MRN281268) 2. Address of the

More information

Sustainability Grant Application Form

Sustainability Grant Application Form Sustainability Grant Application Form Date 16 th December 2013 V4 Children Schools and Families Supporting Families Introductory tes: Please do not use copies of previous application forms. There are changes

More information

EFJ LIMITED - EDGE FUND (a registered society under the Co-operative and Community Benefit Societies Act 2014)

EFJ LIMITED - EDGE FUND (a registered society under the Co-operative and Community Benefit Societies Act 2014) number 31939R EFJ LIMITED - EDGE FUND (a registered society under the Co-operative and Community Benefit Societies Act 2014) UNAUDITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY

More information

ROWAN UNIVERSITY / RUTGERS CAMDEN BOARD OF GOVERNORS

ROWAN UNIVERSITY / RUTGERS CAMDEN BOARD OF GOVERNORS ROWAN UNIVERSITY / RUTGERS CAMDEN BOARD OF GOVERNORS REQUEST FOR PROPOSALS FAIR AND OPEN SOLICITATION PROCESS Fiscal Year 2018 Audit for the Rowan University/Rutgers Camden Board of Governors RFP Issued:

More information

2018 Guidelines Community Grant Program

2018 Guidelines Community Grant Program 2018 Guidelines Community Grant Program Grant applications are due Friday, October 13, 2017 by 4:30 PM 2 P a g e TABLE OF CONTENTS PURPOSE...... 4 FUNDING CATEGORIES...... 5 ELIGIBILITY...... 6 INELIGIBILITY......

More information

COMMUNITY AND DEMENTIA DEVELOPMENT FUNDING

COMMUNITY AND DEMENTIA DEVELOPMENT FUNDING COMMUNITY AND DEMENTIA DEVELOPMENT FUNDING 2018-19 Life Changes Trust October 2017 Please read this guidance carefully before completing your application. You are strongly advised to also read the other

More information

28. Fundraising and Sponsorship

28. Fundraising and Sponsorship 28. Fundraising and Sponsorship Money is important to operations of any Club. There are several pathways to getting money to cover your costs. Including: Arc Grants (See Clubs Handbook Section 25 for more

More information

Updated March 21, 2018

Updated March 21, 2018 Exhibit 1 INCUBATOR FISCAL SPONSORSHIP PROGRAM MANUAL Updated March 21, 2018 ABOUT THE PROGRAM... 2 ELIGIBILITY... 2 CREATIVE CONTROL AND INTELLECTUAL PROPERTY... 2 APPLICATION PROCESS... 2 PROGRAM FEES...

More information

Schedule of Expenditure

Schedule of Expenditure Schedule of Expenditure of Federal Awards (SEFA) TACA Fall Conference October 21, 2015 Federal Grants to State and Local Governments 1960 2017 2 Uniform Grant Guidance 2 CFR 200 December 2013, OMB released

More information

INVITATION FOR APPOINTMENT OF INTERNAL AUDITORS FOR THREE YEARS FROM FY Indian Council for Research on International Economic Relations

INVITATION FOR APPOINTMENT OF INTERNAL AUDITORS FOR THREE YEARS FROM FY Indian Council for Research on International Economic Relations INVITATION FOR APPOINTMENT OF INTERNAL AUDITORS FOR THREE YEARS FROM FY 2016-17 Indian Council for Research on International Economic Relations Notice inviting offers for Professional Services in the field

More information

PS Operations & Management The Future of Grants Management

PS Operations & Management The Future of Grants Management PS Operations & Management The Future of Grants Management Delivering Public Service for the Future Grants flow through public bodies in the US in a vast, complex series of channels FEDERAL 100% Grantor

More information

SEAI Research Development and Demonstration Funding Programme Budget Policy. Version: February 2018

SEAI Research Development and Demonstration Funding Programme Budget Policy. Version: February 2018 SEAI Research Development and Demonstration Funding Programme Budget Policy Version: February 2018 Contents Introduction... 2 Eligible costs... 2 Budget Categories... 3 Staff... 3 Materials... 3 Equipment...

More information

IATI Implementation Schedule for: Plan International USA

IATI Implementation Schedule for: Plan International USA IATI Implementation Schedule for: Plan International USA IATI Organisation Identifier: (Click on hyperlink above for more information on IATI Organisation Identifiers) Version: 1 Date: 10/7/2013 This document

More information

Disclosures of expenditure under Public Services Reform (Scotland) Act 2010, sections 31 And 32

Disclosures of expenditure under Public Services Reform (Scotland) Act 2010, sections 31 And 32 National Library of Scotland Disclosures of expenditure under Public Services Reform (Scotland) Act 2010, sections 31 And 32 For the period 1 April 2016 to 31 March 2017 1. Public relations costs The National

More information

Assessment of patient, consumer and healthcare professional organisations compliance with EMA eligibility criteria

Assessment of patient, consumer and healthcare professional organisations compliance with EMA eligibility criteria 15 March 2018 EMA/698917/2017 Stakeholders and Communication Division Assessment of patient, consumer and healthcare professional organisations compliance with EMA eligibility criteria 1. Introduction

More information

Bylaws of the College of Registered Nurses of British Columbia BYLAWS OF THE COLLEGE OF REGISTERED NURSES OF BRITISH COLUMBIA

Bylaws of the College of Registered Nurses of British Columbia BYLAWS OF THE COLLEGE OF REGISTERED NURSES OF BRITISH COLUMBIA Bylaws of the College of Registered Nurses of British Columbia 1.0 In these bylaws: BYLAWS OF THE COLLEGE OF REGISTERED NURSES OF BRITISH COLUMBIA [includes amendments up to December 17, 2011; amendments

More information

CROYDON RELIEF IN NEED CHARITIES [registered charity no ]

CROYDON RELIEF IN NEED CHARITIES [registered charity no ] CROYDON RELIEF IN NEED CHARITIES [registered charity no. 810114] SMALL GRANT APPLICATION FORM for grants under 5,000 Please read through this form before you start, particularly the notes on the back page.

More information

Trustees Report and Consolidated Financial Statements

Trustees Report and Consolidated Financial Statements Trustees Report and Consolidated Financial Statements For the year ended 31 March 2016 Contents Chairman s Report 04 Trustees Report for the Year Ended 31 March 2016 05 Objectives and Activities for Public

More information

CHAPTER Senate Bill No. 400

CHAPTER Senate Bill No. 400 CHAPTER 98-91 Senate Bill No. 400 An act relating to state financial accountability; creating the Florida Single Audit Act; providing intent and findings; creating s. 216.3491, F.S.; providing purposes

More information

Student Government Association. Student Activities Fee Guidelines. University Policy. Policies, Rules and Regulations. University Funding

Student Government Association. Student Activities Fee Guidelines. University Policy. Policies, Rules and Regulations. University Funding 1-13 Policies, Rules and Regulations History: First Issued: May 3, 2005 Revised: May 3, 2007 May 3, 2012 March 18, 2013 April 8, 2014 Drafting Authority Title Classification PRR Subject Contact Info Student

More information

LOCAL GOVERNMENT CODE OF ACCOUNTING PRACTICE & FINANCIAL REPORTING SUBMISSION RELATING TO THE DISCLOSURE OF

LOCAL GOVERNMENT CODE OF ACCOUNTING PRACTICE & FINANCIAL REPORTING SUBMISSION RELATING TO THE DISCLOSURE OF LOCAL GOVERNMENT CODE OF ACCOUNTING PRACTICE & FINANCIAL REPORTING SUBMISSION RELATING TO THE DISCLOSURE OF GRANTS, SUBSIDIES & OTHER PAYMENTS FROM GOVERNMENT 1. Introduction The NSW Code of Accounting

More information

IASB Update Progress and plans

IASB Update Progress and plans IFRS Foundation IASB Update Progress and plans IFRS Week, Nairobi, Kenya Darrel Scott, IASB Member The views expressed in this presentation are those of the presenter, not necessarily those of the International

More information

XYZ MODEL FINANCIAL STATEMENTS

XYZ MODEL FINANCIAL STATEMENTS GENERAL PURPOSE, SPECIAL PURPOSE AND NOT-FOR-PROFIT PUBLIC BENEFIT ENTITY GUIDING YOU THROUGH NEW ZEALAND ACCOUNTING STANDARDS XRB STANDARDS NOT-FOR-PROFIT PUBLIC BENEFIT ENTITY STANDARDS FOR-PROFIT STANDARDS

More information

December 26, 2014 NEW ADDITIONAL December 26, 2014 beginning December 26, /31/15, 6/30/16 Contents Reference Origin Appendix

December 26, 2014 NEW ADDITIONAL December 26, 2014 beginning December 26, /31/15, 6/30/16 Contents Reference Origin Appendix New Uniform Guidance September 11, 2014 Information from GAQC, NPO Conference, COFAR and a prior presentation by Diane Edelstein OMB Grant Reform December 26, 2013 OMB issued Final Grant Reform Rules -

More information

Financial Reporting Main

Financial Reporting Main CPB ISIS Grantee's Main Finance Screen https://isis.cpb.org/headerclick.aspx?rdct=financialmain 1 of 1 4/12/2017 3:16 PM BRUCE HAINES Financial Reporting Legal Forms Grant Payments Grantee Profile Current

More information

Probation Service. Social Enterprise Kick Start Seed Fund. Guidance Information & Application Process

Probation Service. Social Enterprise Kick Start Seed Fund. Guidance Information & Application Process Probation Service Social Enterprise Kick Start Seed Fund Guidance Information & Application Process 1 Table of Contents Page Section 1 Background 3 Section 2 What is the purpose of this fund? 3 Section

More information

Corporation for Public Broadcasting. Introduction to Financial Reporting

Corporation for Public Broadcasting. Introduction to Financial Reporting Corporation for Public Broadcasting Introduction to Financial Reporting Live Webinar Training October 4, 2017 Introductions Webinar Presenters Kate Arno, Director, TV CSG Policy & Review Biniam Debebe,

More information

CEI Cooperation Fund Call for Proposals CEI Cooperation Fund _ Call for Proposals 2018

CEI Cooperation Fund Call for Proposals CEI Cooperation Fund _ Call for Proposals 2018 CEI Cooperation Fund Call for Proposals 2018 Date of publication on www.cei.int : Thursday, 8 March 2018 Deadline for application submission: Tuesday, 8 May 2018, 17:00 Trieste time Applicants need to

More information

response to exposure draft

response to exposure draft Exposure Draft Practice Note 11: The audit of charities in the United Kingdom response to exposure draft 24 August 2017 CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional

More information

I 2 Program Frequently Asked Questions

I 2 Program Frequently Asked Questions I 2 Program Frequently Asked Questions What is the Genome BC Industry Innovation (I 2 ) Program? The I 2 Program offers repayable growth capital to businesses (with less than 500 employees), commercializing

More information

City Bridge Trust Stepping Stones Fund

City Bridge Trust Stepping Stones Fund City Bridge Trust Stepping Stones Fund Application guidelines City Bridge Trust and UBS want to support high quality work that will help us meet our priorities. These guidelines are intended to help you

More information

Quincy Riley Assessment Manager, HUD-REAC. Brian Edwards Auditor/Financial Analyst, HUD-REAC

Quincy Riley Assessment Manager, HUD-REAC. Brian Edwards Auditor/Financial Analyst, HUD-REAC 19th Annual Public Housing Authority (PHA) Conference June 21 - June 22 Quincy Riley Assessment Manager, HUD-REAC Brian Edwards Auditor/Financial Analyst, HUD-REAC 1 Today s Topics 1. Submission Due Dates

More information

Working with Nonprofit Organizations. Leigh Clark & Joan Divor

Working with Nonprofit Organizations. Leigh Clark & Joan Divor Working with Nonprofit Organizations Leigh Clark & Joan Divor Objectives: Use library and online resources to answer nonprofit related reference questions. Identify ways to engage with and support nonprofits

More information

Financial information 2016 $

Financial information 2016 $ Australian vocational education and training statistics Financial information 2016 $ National Centre for Vocational Education Research Highlights This publication provides financial information on the

More information

Common Errors on the T3010 related to fundraising costs. Know how to avoid them

Common Errors on the T3010 related to fundraising costs. Know how to avoid them Common Errors on the T3010 related to fundraising costs Know how to avoid them 1 Focus of presentation Many errors that charities make in the reporting of their fundraising expenses on the T3010 occur

More information

EPA s Implementation of OMB Uniform Grants Guidance FEDERAL DEMONSTRATION PARTNERSHIP JANUARY 12, 2015

EPA s Implementation of OMB Uniform Grants Guidance FEDERAL DEMONSTRATION PARTNERSHIP JANUARY 12, 2015 EPA s Implementation of OMB Uniform Grants Guidance FEDERAL DEMONSTRATION PARTNERSHIP JANUARY 12, 2015 Uniform Administrative Requirements Previously located at 40 CFR Parts 30 and 31 and are applicable

More information

IL Talent Pipeline Management. Highlighted Grant Requirements 7/30/15 & 8/3/15

IL Talent Pipeline Management. Highlighted Grant Requirements 7/30/15 & 8/3/15 IL Talent Pipeline Management Highlighted Grant Requirements 7/30/15 & 8/3/15 State Budget Impact on Grants The DCEO Accounting Office has confirmed that grantees will be able to incur costs per the terms

More information

Grants Management Analysis FI_GM_310

Grants Management Analysis FI_GM_310 Grants Management Analysis FI_GM_310 Grants Management Anaysis 1 Grants Management Analysis FI_GM_310 1 Prerequisites Prerequisites UK_100 - SAP Awareness & Navigation FI_200 - Finance Overview Grants

More information