Non-Profit & Charity Accounting - Ontario
Fund accounting, T3010 charity returns, and compliance for Ontario non-profits and registered charities.
Non-profits and charities answer to funders, boards, and the CRA at once, and the accounting has to satisfy all three. Restricted contributions must be tracked to their purpose, the T3010 has to be accurate, and the board needs reporting it can actually use.
SHARP & Associates provides fund accounting, charity-return preparation, and compliance support for Ontario non-profits and registered charities.
Common Challenges We Solve
Restricted funds
Money given for a purpose has to be tracked to that purpose. Our fund accounting keeps restricted and unrestricted contributions clearly separated.
Filing accuracy
A flawed T3010 can put charitable status at risk. We prepare it carefully and on time.
How SHARP & Associates helps
We implement fund accounting that keeps restricted contributions clear, prepare your T3010 and any required NPO information return, support funder and grant reporting, and produce board-ready statements. When an audit or review engagement is required, we help coordinate the process with external assurance providers and prepare the accounting records and working papers needed to keep the engagement moving smoothly.
Stewardship the books can prove
Non-profits answer to funders, members, and the public, and the accounting has to demonstrate that money was used as intended. Fund accounting - tracking restricted and unrestricted funds separately and reporting against each - is the backbone of that accountability. We set it up so your statements show, clearly, that you have honoured every restriction.
Schedule a CallGrant funding usually comes with strings: eligible costs, reporting deadlines, and the expectation that you can show exactly how the money was spent. We track funding against its conditions and keep the records reconciled, so grant reporting is a straightforward pull rather than a year-end reconstruction.
Many non-profits need a particular standard of financial statement for their board, members, or funders. We prepare compilation engagement statements and keep your records audit-ready; when a funder or regulation requires an audit, we help coordinate the process with external assurance providers and prepare the accounting records and working papers needed to keep the engagement moving smoothly.
For a non-profit, financial credibility is not a back-office nicety - it is central to the mission. Funders renew, members stay engaged, and boards govern confidently when they can see that money was handled with care and used as intended. Clean fund accounting and clear reporting are how an organization demonstrates that, year after year. We build the financial side to support that trust, because for a non-profit it is part of the work itself.
Grants and restricted donations come with obligations: spend within eligible categories, report by deadlines, and be ready to show exactly where the money went. When tracking is loose, reporting season becomes a scramble and relationships with funders suffer. We keep funding reconciled against its conditions throughout the year, so accountability is built in rather than reconstructed under pressure.
Where a funder or regulation calls for an audit, we prepare your records and facilitate that engagement in partnership with external assurance providers - we help coordinate it with external assurance providers. For organizations that need a compilation engagement instead, we prepare that to standard. Either way, you and your board know exactly what level of assurance your statements carry.
Related Services
Non-Profit Questions, Answered
If your question is not covered here, we are one call away.
Ask Us AnythingYes. We prepare the T3010 Registered Charity Information Return, and the T1044 NPO Information Return where applicable.
With fund accounting that tracks restricted contributions to their intended purpose, kept separate from unrestricted funds.
When an audit or review engagement is required, we help coordinate the process with external assurance providers and prepare the records needed to keep the engagement moving smoothly.
Yes. The initial call is free and has no obligation.
Schedule a Call
Call (905) 491-7043 or email info@sharppc.ca to schedule a call. We will review your current situation, explain our approach, and confirm the right next step before any work begins.
Let's Connect
The first call is free and there is no obligation - we will review your situation, explain our approach, and confirm the right next step before any work begins.
