# ON-02 — Audit and review thresholds. Public benefit corporation

**Flag: Current** — Verified against the live source. Safe to cite.

**Audit and review thresholds.** Public benefit corporation: revenue $500,000 or more — audit; over $100,000 and under $500,000 — review engagement; $100,000 or less — may waive. Non-public-benefit corporation: revenue more than $500,000 — review engagement; $500,000 or less — may waive

## Sources

- ONCA rules (primary): https://www.ontario.ca/page/rules-not-profit-and-charitable-corporations

Jurisdiction: ON · Verified 2026-08-27 · Review: legislative