It is fair to suggest that accounting for annual and long service leave is one of the more cryptic entries when balancing the books.
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Australia is considered a caring country, as evidenced by the extraordinary number of registered charities operating on our shores. The machinations, governance, and maintenance of establishing and running a charity or NFP are a great deal of work.
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Preparing an annual budget is critical for any Not For Profit (NFP) organisation. In this article, we provide practical considerations and tips for your organisation as preparation begins before the start of the financial year.
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One of the most common questions Not-for-Profit (NFP) managers ask is: Why doesn’t my Profit and loss (P&L) statement match my cash balance? In this article, we examine P&L and cash, following up on our previous article on cash vs. accrual accounting.
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Many leaders and board members of Not For Profits are not “numbers people.” The real challenge often lies in the language. In this series of blogs, we aim to help you gain confidence in financial reporting and governance.
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One of the most important decisions you’ll make when managing your NFP organisation’s finances is how to track income and expenses. There are two main accounting methods: cash and accruals.
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NFP organisations with a turnover under 750K will find high-level accounting services cost-prohibitive. AFG has put together this guide of practical insights to help you navigate your organisation’s financial responsibilities.
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Are you a Not For Profit organisation? We know the terms and acronyms in accounting can be overwhelming at times. Let’s make them more straightforward with our easy to read guide and glossary.
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An Australian Of The Year Finalist in the local hero category, Claude Robinson and Rainbow Lodge care for the men nobody wants.
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As 2024 draws to a close, we want to express our heartfelt gratitude to all our valued clients and partners in the Not-for-Profit sector.
Read MoreWe work exclusively with ACNC registered charities and Not For Profit organisations with a turnover of AUD$1 million or more. If your organisation seeks professional and customised accounting support and services, we’d love to hear from you. Complete the contact form and one of the experienced team members will contact you shortly.
If you want to establish a charity or NFP, please read our article “Thinking of starting a charity or NFP.” Accounting For Good cannot assist new entities or start-ups at this time.
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