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Nonprofit accounting involves meticulously monitoring the financial activities and progress of organizations operating for societal benefit rather than profit. This form of accounting encompasses documenting income and outgoings, overseeing expenditure, generating financial statements and analytical reports, managing budgets, and adhering to applicable legal and regulatory standards. What is Nonprofit Accounting?
Canada Revenue Agency announced a change to form T1135 Foreign Income Verification Statement for taxation years ending after June 30, 2013. The purpose of this move is to crack down