MKP Chartered Professional Accountants is now officially PDC Accounting Evolved
PDC Accounting provides accounting, audit, and advisory services for not-for-profit organizations across British Columbia and Ontario. We work with organizations whose financial reporting and governance responsibilities require accuracy, transparency, and consistency.
Our team supports not-for-profits with accounting services designed to align with regulatory requirements, funding obligations, and board oversight, so organizations can focus on what matters most: their mission.
Not-for-profit organizations operate within a unique financial environment shaped by governance responsibilities, accountability to stakeholders, and regulatory oversight. Accurate financial reporting and well-organized accounting processes play a crucial role in supporting transparency and long-term sustainability.
PDC Accounting collaborates with not-for-profit organizations to deliver accounting services that promote operational clarity while meeting reporting and compliance requirements. Our approach emphasizes coordination, clear communication, and alignment with organizational objectives.
Audits and financial reporting are often required by funders, regulators, or governing documents. PDC Accounting provides audit and assurance services that support transparency and accountability, prepared in accordance with Accounting Standards for Not-for-Profit Organizations (ASNPO) as applicable.
We work closely with management and boards to coordinate timelines, clarify information requirements, and support a smooth audit or reporting process. For organizations transitioning from another audit firm, we manage the handover to ensure continuity with minimal disruption.
Our approach to not-for-profit accounting emphasizes professionalism, consistency, and collaboration. We understand the importance of clear financial information in supporting board oversight and stakeholder confidence.
By integrating bookkeeping, audit, and advisory services, we help ensure financial information is reliable and aligned across reporting and planning activities. We understand that your bottom line isn’t profit — it’s impact.
Service availability may vary based on engagement requirements.
Do not-for-profit organizations require audits?
Audit requirements depend on governing documents, funding agreements, and regulatory obligations such as the BC Societies Act or Ontario Corporations Act. Some organizations require audited financial statements, while others may require review or compilation engagements.
What is the difference between a T3010 and a T1044?
The T3010 (Registered Charity Information Return) is filed by registered charities, while the T1044 (Non-Profit Organization Return) is filed by not-for-profit organizations that are not registered charities. The filing requirements and deadlines differ between the two.
What accounting standards apply to not-for-profit financial statements?
Financial statements for not-for-profit organizations are typically prepared under Accounting Standards for Not-for-Profit Organizations (ASNPO), which address fund accounting, revenue recognition, and other considerations specific to the sector.
Do you work with boards of directors?
Yes. We regularly work with boards and management teams to support financial reporting, audits, and governance-related accounting needs.
Can you support smaller not-for-profit organizations?
Yes. Our services are tailored to reflect the size and complexity of each organization, from small volunteer-run societies to larger registered charities with multiple programs.
Do you provide bookkeeping services for not-for-profits?
Yes. We provide fund accounting, restricted and unrestricted fund tracking, grant reporting, and financial statement preparation as part of outsourced bookkeeping services for not-for-profit organizations.
Can services be combined across accounting and advisory areas?
Yes. Many not-for-profit organizations engage PDC Accounting for a coordinated set of services to support reporting, compliance, and planning.
If your organization would like to discuss accounting services for not-for-profits or explore how PDC Accounting can support your reporting and governance needs, we’d welcome the opportunity to connect.
