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Banking Covenants

Do You Have Banking Covenants? If so, are you aware of the impact the new accounting standards for private enterprise will have on those banking covenants? If not, now is the time to start thinking about it and have discussions with your bank and your assurance provider. On January 1, 2011, all profit-oriented enterprises, that … Continued

New Financial Reporting Landscape for Not-for-Profits

As we approach the end of March, most not-for-profit organizations are preparing for their year-end. This means a very busy time for organizations as they finalize their annual reporting and prepare for their annual general meetings. The end of this month also signals the beginning of a new financial reporting landscape for most not-for-profits. In … Continued