Here is an interesting publication from the Canadian Institute of Chartered Accountants (CICA) entitled “Increasing Public Scrutiny of Not-for-Profit Organizations: questions for directors to ask.” I like this question “Does the organization have a sufficiently robust set of policies related to areas that are the most likely foci of scrutiny, such as: a. compensation (including salary, bonuses, benefits and pensions), b. procurement, c. hiring and employment, d. travel, hospitality and expenses. e. fundraising
To read the document, which is available for free see http://www.rogb.ca/npo/item38362.pdf and in French at http://www.csrg.ca/organismes-sans-but-lucratif/item38371.pdf
Do you require legal advice with respect to Canadian or Ontario non-profits or charities?
Mark Blumberg is a partner at the law firm of Blumberg Segal LLP in Toronto and works almost exclusively in the areas of non-profit and charity law.