{"id":10147,"date":"2025-01-17T09:59:17","date_gmt":"2025-01-17T14:59:17","guid":{"rendered":"https:\/\/thebao.ca\/?p=10147"},"modified":"2025-05-26T16:52:53","modified_gmt":"2025-05-26T20:52:53","slug":"notice-to-the-profession-updates-to-form-2-report-on-care-and-maintenance-fund-account","status":"publish","type":"post","link":"https:\/\/thebao.ca\/stage\/notice-to-the-profession-updates-to-form-2-report-on-care-and-maintenance-fund-account\/","title":{"rendered":"Notice to the Profession: Updates to Form 2 \u2013 Report on Care and Maintenance Fund\/Account"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Bereavement Authority of Ontario (BAO) has updated the format of its&nbsp;<a href=\"https:\/\/thebao.ca\/for-professionals\/cemeteries-crematoriums\/forms\/\" target=\"_blank\" rel=\"noreferrer noopener\">Form 2 &#8211; Report on Care and Maintenance&nbsp;Fund\/Account, and the&nbsp;instructions<\/a> now aligned with the online portal version on OBIS.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Changes to the form include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The instructions have been separated from the form itself for ease of use.<\/li>\n\n\n\n<li>Some form line items have been reorganized and descriptions for each line item have been added for clarity.<\/li>\n\n\n\n<li>Automated calculations \u2013 if you are filling out the form on your computer, you\u2019ll see that the form now features automatic calculations. (You no longer need to calculate every line item as the PDF version of the form now automatically calculates everything for you.)<\/li>\n\n\n\n<li>A section has been added for audit report submissions for organizations with more than $500,000 in cumulative care and maintenance funds to indicate when the audit report can be submitted.<\/li>\n\n\n\n<li>For other care and maintenance contributions outside of the requirements, the section has been expanded to include various types of contributions.\n<ul class=\"wp-block-list\">\n<li>If you have received a consent from the BAO\u2019s Registrar to borrow from your Care and Maintenance Fund, a section has been added under this line item for the borrowing and repayment.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>A section for the reinvestment of interest or dividends back into the Care and Maintenance Fund\/Account.<\/li>\n\n\n\n<li>Please be advised you are now required to submit your price list along with your Form 2. A checkbox has been added at the end of the form as a reminder.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">For more detail, please take a look at the Form 2 instructions\u00a0as they have been updated to reflect these changes. Click\u00a0<a href=\"https:\/\/thebao.ca\/for-professionals\/cemeteries-crematoriums\/forms\/\">here<\/a>\u00a0to access our section for forms for cemetery &amp; crematorium operators.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you have any questions, please email us at&nbsp;<a href=\"mailto:Trust@TheBAO.ca\">Trust@TheBAO.ca<\/a>.<br><br>Thank you,<br>The BAO Financial Compliance Team <\/p>\n","protected":false},"excerpt":{"rendered":"The Bereavement Authority of Ontario (BAO) has updated the format of its&nbsp;Form 2 &#8211; Report on Care and Maintenance&nbsp;Fund\/Account, and the&nbsp;instructions now aligned with the online portal version on OBIS. Changes to the form include: For more detail, please take a look at the Form 2 instructions\u00a0as they have been updated to reflect these changes&#8230;.","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-10147","post","type-post","status-publish","format-standard","hentry","category-notice-to-the-profession"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Notice to the Profession: Updates to Form 2 \u2013 Report on Care and Maintenance Fund\/Account - Bereavement Authority of Ontario<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thebao.ca\/stage\/notice-to-the-profession-updates-to-form-2-report-on-care-and-maintenance-fund-account\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Notice to the Profession: Updates to Form 2 \u2013 Report on Care and Maintenance Fund\/Account - Bereavement Authority of Ontario\" \/>\n<meta property=\"og:description\" content=\"The Bereavement Authority of Ontario (BAO) has updated the format of its&nbsp;Form 2 &#8211; Report on Care and Maintenance&nbsp;Fund\/Account, and the&nbsp;instructions now aligned with the online portal version on OBIS. 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