Net assets/fund balances (not-for-profit organizations) W/P Ref Current Prior
Net assets/fund balances (not-for-profit organizations) Yes No W/P Comments 
1. Review minutes of all directors and members meetings for requirements of restricted contributions.
2. Enquire if significant donations and funding contracts have requirements of restricted contributions. Document the findings.
3. Reconcile net assets invested in capital assets to the book value of capital assets.
4. Enquire if all externally and internally restricted funds have been accounted for and are adequately disclosed.
Other procedures.
Statement presentation (see Disclosure checklist 3250, 3260, and CICA 4400)
Conclusion
Based on my review, nothing has come to my attention that causes me to believe that Net assets/Fund balances is not plausible and stated, in all material respects, in accordance with Canadian GAAP.
Net assets/fund balances (not-for-profit organizations) Yes No W/P Comments 
1. Review minutes of all directors and members meetings for requirements of restricted contributions.
2. Enquire if significant donations and funding contracts have requirements of restricted contributions. Document the findings.
3. Reconcile net assets invested in capital assets to the book value of capital assets.
4. Enquire if all externally and internally restricted funds have been accounted for and are adequately disclosed.
Other procedures.
Statement presentation (see Disclosure checklist 3250, 3260, and CICA 4400)
Conclusion
Based on my review, nothing has come to my attention that causes me to believe that Net assets/Fund balances is not plausible and stated, in all material respects, in accordance with Canadian GAAP.