Financial books and records

This module covers the kinds of financial records that a registered charity should keep - excluding retention periods. It discusses the need for financial records, types of financial records, financial records and the Annual Information Returns, i.e T3010, tax receipted gifts, non-tax receipted gifts, gifts received from other charities, professional and consulting fees, charitable program expenses, fundraising expenses, GST / HST, management and administrative expenses, allocation of expenses, salaries and benefits, political expenses, gifts and specified gifts to qualified donees, expense of activities outside of Canada and other expenses.