Holiday opening times

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. Your dedication to making a difference inspires us daily, and it’s an honour to support you in achieving your goals.

Our last day in the office will be Tuesday, December 24th, 2024, and we’ll reopen on Thursday, January 2nd, 2025. While our team takes a well-deserved break, we look forward to reconnecting with you in the New Year.

As we reflect on the year, we’re revisiting some of our most-read blogs from 2024:

The Sydney Awards
The Sydney Awards, hosted by the Committee for Sydney, quickly became one of the city’s most prestigious events. In its fourth year, the awards celebrate individuals and initiatives that make Sydney unique, bringing together the best and brightest from diverse industries and communities. It’s an evening that highlights the people and projects shaping the city in profound and positive ways.

Reflecting on audit findings
As a specialised accounting firm working with not-for-profit (NFP) organisations, we understand the complexities of preparing for, undergoing, and addressing audit findings. The process can be challenging, whether ensuring compliance with regulations or aligning with specific accounting standards, mainly when unfavourable or unexpected issues arise.

In this article, we explore issues observed among clients who have completed their 2024 audits, including lack of supporting documentation, misclassification of income, cyber security vulnerabilities, management of annual leave balances, and assessment of bad and doubtful debts.

Budget strategies for Not-for-Profit organisations
Budgets are critical for not-for-profit (NFP) organisations regardless of size or mission. They provide the financial structure necessary to continue their mission and make a meaningful impact. This article explores budgetary strategies explicitly designed for NFPs to help them navigate their financial position for the forthcoming financial year, all within Australian tax law and NFP financial regulations.

If you haven’t had a chance to read them yet, now’s the perfect time to explore these resources for insights and inspiration.

Wishing you a joyful holiday season and a prosperous New Year. Thank you for choosing Accounting For Good as your trusted partner. We can’t wait to support you in 2025!

We are highly skilled specialists in not-for-profit accounting. Within our team, we have unmatched technical knowledge and expertise. We know and understand the complexity of the NFP sector far better than others.

Our in-house team has extensive experience, with a deep depth of accounting skills and a breadth of management experience. We can provide high-level CFO services, basic bookkeeping, and everything in between.

Contact us for a free consultation if your organisation needs expert financial guidance. Let us handle your accounting needs so you can focus on what matters most—serving your community and driving positive change.