Critical risk areas in not-for-profit organizations: Social enterprise, GST/HST, employment and payroll
Understanding your organization’s legal obligations is critical for not-for-profit leaders. The ability to plan with foresight is what helps determine where your organization is today, where it could be in the future – and how to bring that vision to life.
In this online course, you will learn about the legal and tax obligations for charities and not-for-profit organizations pertaining to social enterprise, GST/HST, payroll, employment, and maintaining a tax-exempt status. This includes best practices in the proactive development and implementation of processes to help your NFP organization—regardless of size or focus—manage its legal obligations.
Note: This course can be taken individually or as a part of Not-for-Profit Certificate II: Managing Strategy and Risk.
You will learn about:
- what social enterprise means in a not-for-profit context
- understand the restrictions for NFPs wishing to engage in business activities
- interpret critical GST/HST rules and regulations
- mitigate risks connected with organizational employment and payroll
- preventing an organization from losing its tax-exempt status
Who should attend?
- CPAs new to the not-for-profit sector
- NFP board members and accountants
- NFP finance professionals
- leaders who gain sound knowledge in NFP legal and tax considerations
This course is not intended for public sector entities.
