Blog

Understanding financial reports

As a senior manager or Board member of a not for profit organisation, you have a fiduciary duty to understand the organisation’s financial position and make decisions in the best interests of the organisation.

Online donation website security

In 2020, the ability to receive donations via your website has become more important than ever. Your website is one of the best ways to connect with potential donors. It is extremely important that not for profit organisations make sure their online donation platform and all website data remain well-secured.

Hosting a successful virtual AGM

The Annual General Meeting season is almost upon us, but with COVID-19 restrictions causing logistical challenges, many not for profit organisations will need to consider going virtual this year.

Charities’ role in economic recovery – SVA and CSI report review

SVA and CSI have released a report that emphasises the important role that charities play in the Australian economy – and how a sustainable sector is vital for national economic recovery once we are past the current health crisis. We take a closer look at this new report and highlight some of the key points.

Accounting For Good working from home

Working from home has become the new normal in 2020. We’ve reconfigured our home offices and found ways to make our new working environments as productive as possible. Here at Accounting For Good, our investment in technology and online systems has really paid off… for the benefit of both our clients and our team.

Accounting handover checklist for not for profit CEOs

Every individual within an organisation has their set of responsibilities. But what happens when a key staff member leaves and no one else in the company has access to the information that person managed?

SVA and CSI COVID charity financial health check

Social Ventures Australia and the Centre for Social Impact have teamed up to model the potential impact of COVID-19 on the financial health of Australian charities, with the report released in June 2020.

EOFY tips for not for profits

The end of the financial year is looming and we know that this year has been unusual, to say the least. We want to make sure you are well prepared for 30 June and the coming audit season… so we have a selection of tips that will help you get organised.

Strategies for NDIS providers facing financial challenges

AFG’s NDIS clients are actually in a very good position despite COVID-19 – one has even been able to extend the reach of their online group programs to regional NSW for the first time – so it is possible to survive or even thrive in the circumstances.

Understanding the changes to the Lease Accounting Standard

The Australian Accounting Standards Board (AASB) published AASB 16 in February 2016. AFG Account Managers Jane Chen and Carol Tran discuss the changes that have been implemented and what it means for our not for profit clients.