4/30/2023 0 Comments Screensteps logo![]() ![]() Log in to the Political Entities Service Centre at. ![]() Options for submitting financial reports to Elections Canada ![]() Note: Using EFR to complete or update the Registered Association's Financial Transactions Return makes reporting much easier because EFR validates the entries and creates a submission file with the required fields populated. Check for the latest version before preparing a return. It can be accessed from the Political Entities Service Centre on the Elections Canada website. The financial agent or chief executive officer has to apply to Elections Canada for authorization to file an amended return, using the Request for Amendment form.Īn amended return must be submitted within 30 days after the correction or revision is authorized.įinancial forms, registry forms and instructions are available on the Elections Canada website.Įlections Canada has developed free software to help with the preparation of financial returns: the Electronic Financial Return (EFR) software. The financial agent may become aware of a need to correct or revise a return that has been filed (for example, to add some omitted contributions). The financial agent must submit the corrected or revised return within the specified period. On review, Elections Canada may request the financial agent to correct or revise the association's annual financial return. Corrections or revisions requestedĬorrections or revisions requested by the The Registered Association's Financial Transactions Return may need to be amended to correct errors or omissions. Additional reporting if corrections or revisions are required It is very important to give the auditor enough time to properly audit the annual financial return before the deadline. Note that audit fees and transfers to or from affiliated political entities do not count toward the $10,000 threshold. *An auditor's report is required if the association accepted contributions totalling $10,000 or more, or incurred expenses totalling $10,000 or more, in the fiscal period. The association must certify that the registry information is accurate or provide updates. The financial agent must use the Canada Revenue Agency form to report contributions received and receipted.Ī link to the form is posted on the Elections Canada website.Īnnual confirmation of registry informationĮlections Canada sends the association a package with its registry information each year. The invoice must be prepared and signed by the auditor.Ĭontributions to a Registered Party or to a Registered Association-Information Return inflows and outflows, including for voter contact calling servicesĪfter the financial agent completes the association's annual financial return, the auditor has to examine the financial records and give an opinion in a report as to whether the association's return presents fairly the information contained in the financial records on which it is based.association's information and declaration, signed by the financial agent.The annual financial return includes the following: Registered Association's Financial Transactions Return It is required if the contest was open to more than one person, even if only one person entered.Īfter receiving the report, Elections Canada starts sending notices to the nomination contestant and financial agent about reporting obligations.ģ0 days after a nomination contest held by the association The association must file this report if the association (and not the party) held a nomination contest. The association must report changes to its registry information, such as an address change or new appointments.ģ0 days after a change of registry information To report a change of registry information General Form-Electoral District Association The statement lists the association's assets and liabilities as of the day before the effective date of registration.Ħ months after becoming a registered association Statement of Registered Association's Assets and Liabilities Reports in this table must be submitted to Elections Canada, unless otherwise noted. Reporting obligations after registration and during the fiscal year Note: Forms and instructions are available on the Elections Canada website. Additional reporting if corrections or revisions are required.Reporting obligations after registration and during the fiscal year.This chapter describes the financial and registry reports that must be completed and submitted by set deadlines under the Canada Elections Act. Political Financing Handbook for Electoral District Associations and Financial Agents (EC 20089) – August 2021 9. Political Financing Handbook for Electoral District Associations and Financial Agents (EC 20089) – August 2021.Political Financing Handbook for Electoral District Associations and Financial Agents.Tools for Electoral District Associations. ![]()
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