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Accounting For Good training and support
Accounting For Good’s training and support has gained industry-recognition for its tailored financial training opportunities. We deliver training through various formats, including open workshops in collaboration with leaders in the NFP space and bespoke programs customised to your organisation’s unique requirements.
We leverage our 25 years of experience and specialised support for non-profit organisations to develop training initiatives designed to impart valuable knowledge and enhance your organisational capacity. Our training is available to all levels of your organisation from ‘on the ground’ team members to managers and board members.
As a certified Xero Advisor Practice, Accounting For Good is an early adopter of this system, possessing an in-depth understanding of its intricacies.
We help you fast-track your team’s proficiency in this cloud-based accounting software by incorporating our extensive product knowledge into your implementation project. Alternatively, you can optimise your processes with our expertise, as we offer tailored training that suits your needs, whether in-person or online.
Xero is our preferred accounting platform for its efficiency and transparency, accessible from any device, anywhere, anytime. Its real-time support enhances visibility and accountability and fosters a clear understanding of your organisation’s financial position.
Need support understanding your balance sheet?
The balance sheet is a critical indicator of an organisation’s financial solvency. One key metric is equity, where a low figure may signal potential viability concerns. Calculating working capital provides insight into available funds, derived by subtracting current liabilities from current assets. It aids in addressing the fundamental query: “Are we able to meet our obligations as they become due?”
For a non-finance manager or board member, reviewing a balance sheet and trying to answer this question accurately is daunting.
Many elements make up a balance sheet, and understanding where they fit in the organisation’s financial health is crucial and requires professional and qualified oversight. Questions such as depreciation, accruals, staff entitlements, income in advance, grants and sponsorship, liabilities and assets all contribute to the financial story of the organisation.
At Accounting For Good we specialise in the NFP sector. Our accounting team members are experts in supporting NFPs in understanding their balance sheet and what it means to their financial decision-making.
We offer a suite of training and support options for NFPs. We possess a wealth of expertise, accounting acumen and diverse management backgrounds. From offering comprehensive CFO services to handling fundamental bookkeeping tasks and everything in between, we ensure a holistic approach to your accounting, training and support needs.
If your not-for-profit needs comprehensive, compassionate and professional Xero training or additional services, contact Accounting For Good today.
