Financial Foundations
Financial Foundations
Budgeting considerations for charities and NFPs – April 14, 2026
Discover how NFP leaders can build effective budgets, plan for EOFY, and manage risks like cost of living, fuel, and interest rate impacts.
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Cash flow essentials. A guide for leaders of charities and NFPs – April 14, 2026
Learn why cash flow matters for charities and NFPs, how to read it in financial reports, and how it supports strong financial management.
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Prepayments in not-for-profit-accounting – October 1, 2025
What are prepayments? Prepayments, often called prepaid expenses, are payments your organisation makes in advance for goods or services that will be received or used in the future.
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Bank account name matching best practice – September 9, 2025
Bank account name matching is currently on the agenda for most organisations, and the not-for-profit and charity sectors are not immune to the process.
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To capitalise or to expense, that is the question? – May 16, 2025
When an organisation, including an NFP, purchases an asset, why is it capitalised rather than recorded as an expense?
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Accounting for annual and long service leave – April 9, 2025
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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Profit & Loss Vs Cash – March 18, 2025
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...
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NFP – Preparing an annual budget – March 18, 2025
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...
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Making sense of financial reports for board members – February 10, 2025
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...
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Cash v Accruals – February 7, 2025
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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