The National Post recently had an article by Christopher Nardi “Charity sector worth $300B per year, but CRA audits have dropped four-fold since 2010“. It discusses the dramatic decline in CRA audits previously discussed on our blog at Dramatic changes to charity audits by CRA over the last few years. Hopefully, in future years, CRA will come up with a truly risk-based strategy for audits that provides enough funds to audit a sufficient number of charities so that the public can have some confidence when they donate to charities that these charities are complying with basic compliance requirements.
