AFHTO, in partnership with BDO Canada, presented this FREE webinar on financial reporting for board members, executive directors, and finance managers of AFHTO-member FHTs and NPLCs.

This 90-minute webinar presentation touched on the following topics:

• Financial reporting and the budget process
• Accounting for and tracking in-year budget reallocations — tools and tips
• Financial reporting and the ASRER
• Financial reporting and “One-time expenses”
• Understanding accounting for and reporting the HST rebate

Resources from the webinar:

• Slides from the webinar [PDF]
• Allocation Tracking Spreadsheet [Excel]

View a recording of the webinar here.

Presenters:

• Liz Chirico (CPA, CA), Senior Manager, Assurance and Accounting, BDO Canada.
• Dean Decaire (CPA, CA), Assurance Partner, BDO Canada.

This webinar discusses:

• Financial reporting: Issues for FHTs; budgeting & oversight; Responsibilities of FHT Directors; Legislative requirements; FHT Funding agreement; Controls;
• Budgeting: Managing your Budget; One-time expenses
• Financial Reporting: ASRER
• HST Rebate: Accounting for the HST Rebate; Rebate Rates
• Not-for-profit Corporations Act (ONCA): Considerations; Steps to take
• Board of Directors