Generated by All in One SEO Pro v5.0.1.1, this is an llms.txt file, used by LLMs to index the site. # Accounting for Good ## Sitemaps - [XML Sitemap](https://accountingforgood.com.au/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Demystifying the mystery of numbers](https://accountingforgood.com.au/demystifying-the-mystery-of-numbers/) - Financial reports can feel overwhelming. Discover Kathy Tung’s approach to demystifying NFP finance and how an outsourced CFO can help leaders. | AFG - [Accurate financial data for NFP reporting success](https://accountingforgood.com.au/accurate-financial-data-for-nfp-reporting-success/) - Accurate financial reports start with accurate data. Learn why quality financial information is essential for charities and NFPs to make sound decisions. | AFG - [NFP board members & financial governance](https://accountingforgood.com.au/nfp-board-members-financial-governance/) - What is expected of NFP board members in the role of financial governance? Where does oversight end and management begin? | AFG - [Koorana's inclusive vision changing young lives](https://accountingforgood.com.au/kooranas-inclusive-vision-changing-young-lives/) - Koorana is creating inclusive futures, expanding early intervention and partnering with Accounting For Good to maximise community impact. | AFG - [ACNC reporting mistakes charities and NFP boards must avoid](https://accountingforgood.com.au/acnc-reporting-mistakes-charity-boards-must-avoid/) - Learn the most common ACNC reporting mistakes and how charity and NFP boards can strengthen compliance, governance and financial oversight. | AFG - [Auditors - A guide for charities and NFPs](https://accountingforgood.com.au/auditors-a-guide-for-charities-nfps/) - Learn what auditors do, what NFPs can expect during an audit, and why audits provide assurance, not a guarantee against fraud or errors.| AFG - [EOFY checklist for charities and NFPs 2026](https://accountingforgood.com.au/eofy-checklist-for-charities-and-nfps-2026/) - Prepare your charity or NFP for EOFY with expert guidance on ACNC reporting, ATO obligations, audits, payroll and compliance deadlines. | AFG - [Preparing for charity grant acquittals](https://accountingforgood.com.au/preparing-for-charity-grant-acquittals/) - Learn how charities and NFPs can prepare for grant acquittals, improve cash flow and stay compliant before EOFY on June 30. | AFG - [Budgeting considerations for charities and NFPs](https://accountingforgood.com.au/budgeting-considerations-charities-and-nfps/) - Discover how NFP leaders can build effective budgets, plan for EOFY, and manage risks like cost of living, fuel, and interest rate impacts. | AFG - [Cash flow essentials. A guide for leaders of charities and NFPs](https://accountingforgood.com.au/cash-flow-essentials-for-nfp-leaders-guide/) - Learn why cash flow matters for charities and NFPs, how to read it in financial reports, and how it supports strong financial management. | AFG - [Three accounting terms every charity and NFP leader should know](https://accountingforgood.com.au/three-accounting-terms-every-charity-should-know/) - For charity and NFP leaders, board members and program managers, understanding financial terminology is an important part of quality governance. | AFG - [Payday Super 2026: What NFPs must do now](https://accountingforgood.com.au/payday-super-2026-what-nfps-must-do-now/) - Payday Super starts July 2026. Learn what charities and NFPs must do to stay compliant, update payroll systems and avoid penalties. | AFG - [High-level outsourced CFO delivers success for charities and not for profits](https://accountingforgood.com.au/high-level-outsourced-cfo-for-nfp-success/) - Hiring an in-house CFO is often cost-prohibitive. Many clients seek our assistance in this space. We offer leadership on a needs basis | AFG - [NFP - Reflecting on audit findings](https://accountingforgood.com.au/nfp-reflecting-on-an-audit/) - The ACNC conducts audits to ensure that organisations comply with the ACNC Act and adhere to their responsibilities under Australian law. How To Prepare | AFG - [The risk of fraud in your organisation](https://accountingforgood.com.au/the-risk-of-fraud-in-your-organisation/) - Meet Kathy Tung. Kathy is one of our outstanding Account Managers. Kathy has been with Accounting For Good since 2021. Learn More About Kathy | AFG - [Kathy Tung, Account Manager](https://accountingforgood.com.au/kathy-tung-account-manager-afg/) - Meet Kathy Tung. Kathy is one of our outstanding Account Managers. Kathy has been with Accounting For Good since 2021. Learn More About Kathy | AFG - [Distinguishing between a charity and a not for profit](https://accountingforgood.com.au/distinguishing-between-a-charity-and-a-nfp/) - While all charities are not for profit, not all not for profits are charities. In this article, we examine the distinguishing elements between the two | AFG - [Prepayments in not-for-profit-accounting](https://accountingforgood.com.au/prepayments-in-not-for-profit-accounting/) - What are prepayments? Simply put, a prepayment is an expense paid early before receiving the benefit. Accrual accounting method. Learn More | AFG - [Administration for not for profit organisations](https://accountingforgood.com.au/administration-for-not-for-profit-organisations/) - Administration for not-for-profit organisations cannot be overlooked as a legitimate cost | Accounting For Good - [Successful AGM strategies for Australian NFPs](https://accountingforgood.com.au/successful-agm-for-nfp-organisation/) - It's coming up to AGM season for many organisations, including not-for-profits. Here's how to make sure you run a successful AGM. | Accounting For Good - [Accounting For Good holiday hours](https://accountingforgood.com.au/accounting-for-good-holiday-hours/) - Our office will close at 5:00 p.m. on Wednesday, December 24th, and reopen on Monday, January 5th, 2026. | AFG - [Directors' responsibilities not for profit and charities](https://accountingforgood.com.au/directors-responsibilites-not-for-profit-and-charities/) - In 2025, the responsibilities of NFP directors have expanded in scope. In this updated overview, we examine the current duties of NFP directors | AFG - [Paying what it takes keeps NFPs and Charities sustainable](https://accountingforgood.com.au/paying-what-it-takes-for-nfps/) - The conversation around adequate funding models for NFPs and Charities in Australia and globally has been under the spotlight recently. | AFG - [Common accounting terms for not for profit organisations](https://accountingforgood.com.au/common-accounting-terms-for-not-for-profits/) - 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 | AFG - [Bank account name matching best practice](https://accountingforgood.com.au/bank-account-name-matching-best-practice/) - 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. | AFG - [Understanding deferred income for not-for-profit organisations](https://accountingforgood.com.au/understanding-deferred-income-for-not-for-profits/) - How we record and report on deferred income has the potential to confuse clients from time to time. A common question is what is deferred income? | AFG - [What to expect from an ACNC audit](https://accountingforgood.com.au/what-to-expect-from-an-acnc-audit/) - The ACNC conducts audits to ensure that organisations comply with the ACNC Act and adhere to their responsibilities under Australian law. What to expect | AFG - [Inducting new board members for non-for-profits](https://accountingforgood.com.au/inducting-new-board-members-nfp/) - Inducting new board members for non-for-profit organisations. Board members are pivotal in shaping the organisation's mission and strategic direction. | AFG - [Streamlined accounting processes help Women’s Justice Network](https://accountingforgood.com.au/streamlined-accounting-processes-help-womens-justice-network/) - Women’s Justice Network has experienced many benefits since engaging the services of our not for profit accounting specialists. | Accounting For Good Sydney - [Technology in [NFP] accounting](https://accountingforgood.com.au/technology-in-nfp-accounting/) - The future of technology in NFP accounting and what organisations should do to prepare for it. | Accounting for Good - [When not-for-profit accounting meets NFP law](https://accountingforgood.com.au/when-not-for-profit-accounting-meets-nfp-law-justice-connect/) - What happens when not-for-profit accounting meets NFP law? We chat to leading NFP law experts at Justice Connect about the synergistic relationship. | AFG - [What are the best financial and non-financial KPIs NFP accountants should track?](https://accountingforgood.com.au/kpis-for-nfp-accountants/) - What are the best financial and non-financial KPIs that NFP accountants should be tracking? | Accounting For Good - [Fundraising laws for not-for-profit organisations](https://accountingforgood.com.au/fundraising-laws-for-nfps/) - Fundraising laws for NFPs. In February 2023, Commonwealth, state and territory governments agreed to a set of nationally consistent fundraising principles | AFG - [Not For Profits makes a positive impact on society](https://accountingforgood.com.au/not-for-profits-makes-a-positive-impact-on-society/) - Not For Profit organisations continue to make a significant difference to a large percentage of Australians. Their contribution cannot be overstated | AFG - [NFPs need to be enterprising](https://accountingforgood.com.au/nfps-need-to-be-enterprising/) - NFPs need to think, act and make decisions like a commercial organisation. AFG can help you financially structure your NFP for the future | Accounting for Good - [Specialist accounting for Not For Profit organisations](https://accountingforgood.com.au/specialist-accounting-for-not-for-profit/) - NFPs require specialist accounting services with a firm focusing only on the NFP sector. Accounting For Good is that firm. Contact us today for | AFG - [What is a responsible person in NFP organisations](https://accountingforgood.com.au/what-is-a-responsible-person-in-nfp-organisations/) - In the Australian not for profit (NFP) sector, the concept of a Responsible Person holds significant weight in ensuring quality governance. | AFG - [Not for profit cost management](https://accountingforgood.com.au/not-for-profit-cost-management/) - Cost management is challenging for any organisation, and the not-for-profit sector is not immune to cost management issues. Ideas from Accounting for Good - [Budget strategies for NFP organisations](https://accountingforgood.com.au/budget-strategies-for-nfp-organisations/) - Budgets are critical for Not For Profit organisations. Budget strategies give NFPs the financial structure to continue their mission smoothly. Learn more | AFG - [Rewarding your Not For Profit team](https://accountingforgood.com.au/offering-a-bonus-to-your-nfp-team/) - Retaining talented employees is crucial for any organisation, and for not-for-profits, it can be particularly challenging. Lets explore the options | AFG - [Fringe benefit tax for Not For Profits](https://accountingforgood.com.au/fringe-benefit-tax-for-not-for-profits/) - Rewarding employees is standard practice for most organisations. However, as a not for profit understanding FBT must be part of your strategy Contact Us | AFG - [Making sense of financial reports for board members](https://accountingforgood.com.au/making-sense-of-financial-reports-for-board-members/) - Many leaders of Not For Profits are not "numbers people." The real challenge often lies in the language. We help gain confidence in financial reporting | AFG - [Cash v Accruals](https://accountingforgood.com.au/cash-vs-accruals-what-is-the-difference/) - When managing your NFP organsiations finances, one of the most important decisions you’ll make is how to track income and expenses. Cash Vs Accruals | AFG - [Accounting services not for profit](https://accountingforgood.com.au/accounting-services-not-for-profit/) - For many not for profit organisations having an internal finance department is costly. Outsourcing this function to professionals makes economic sense. | AFG - [Rainbow Lodge - Who is Claude Robinson?](https://accountingforgood.com.au/rainbow-lodge-who-is-claude-robinson/) - An Australian Of The Year Finalist in the local hero category, Claude Robinson and Rainbow Lodge care for the men nobody wants. Read his story | AFG - [Accounting for annual and long service leave](https://accountingforgood.com.au/accounting-for-annual-and-long-service-leave/) - It is fair to suggest that accounting for annual and long service leave is one of the more cryptic entries when balancing the books for NFPs | AFG - [Thinking of starting a charity or a Not For Profit?](https://accountingforgood.com.au/thinking-of-starting-a-charity-or-a-not-for-profit/) - Australia is considered a caring country, as evidenced by the extraordinary number of registered charities operating on our shores. Read on before starting | AFG - [Profit & Loss Vs Cash](https://accountingforgood.com.au/profit-and-loss-vs-cash/) - One of the most common questions Not-for-Profit (NFP) managers ask is: Why doesn’t my Profit & Loss (P&L) statement match my cash balance? Let’s examine | AFG - [NFP - Preparing an annual budget](https://accountingforgood.com.au/nfp-preparing-an-annual-budget/) - Preparing an annual budget is critical for any Not For Profit (NFP) organisation. In this article, we provide practical considerations and tips | AFG - [Onboard with Accounting For Good](https://accountingforgood.com.au/onboard-with-accounting-for-good/) - Getting onboard with Accounting For Good improves your day to day processes and ensures high-performance support. Contact Us Today | AFG - [Blackbird Foundation Where Creativity Rules](https://accountingforgood.com.au/blackbird-foundation-where-creativity-rules/) - The Blackbird Foundation is doing incredible work with young people. Grants for individual projects and organisations in Australia and New Zealand | AFG - [Ruff Track providing pathways via intervention - One paw at a time](https://accountingforgood.com.au/ruff-track-providing-pathways-via-intervention/) - Ruff Track provides pathways for young people aged 11 - 17. Through caring for dogs, they help keep kids out of prison one paw at a time. | AFG - [Financial agility is essential for the Centre for Disability Studies](https://accountingforgood.com.au/financial-agility-essential-centre-for-disability-studies/) - Partnering with Accounting For Good has helped CDS become much more financially savvy. They have grown in their knowledge of financial management. - [To capitalise or to expense, that is the question?](https://accountingforgood.com.au/depreciating-or-capitalising-assets-what-is-the-reasons/) - When an organisation, including an NFP, purchases an asset, why is it capitalised rather than recorded as an expense? Find Out More | AFG - [Financial guide for NFP organisations under 750k](https://accountingforgood.com.au/financial-guide-for-nfps-under-750k/) - NFP organisations with a turnover under 750K will find high-level accounting services cost-prohibitive. AFG has put together this guide to help you | AFG - [Not for profit financial sustainability](https://accountingforgood.com.au/not-for-profit-financial-sustainability/) - Financial sustainability while servicing the mission is challenging for the sector. In this article, we explore financial strategies for NFP sustainability | AFG ## Pages - [Home](https://accountingforgood.com.au/) - Trusted not-for-profit accountants delivering expert financial management, outsourced CFO services and long-term support for Australian charities. - [Team](https://accountingforgood.com.au/team/) - Meet our experienced not-for-profit accounting specialists dedicated to helping charities achieve financial clarity and long-term stability. - [Privacy Policy](https://accountingforgood.com.au/privacy-policy/) - [Careers](https://accountingforgood.com.au/working-with-accounting-for-good/) - Join a purpose-driven accounting team supporting Australia’s not-for-profit sector with meaningful work, flexibility and professional growth. - [The Accounting For Good Model](https://accountingforgood.com.au/services/afg-model/) - Our proven AFG Model delivers structured, transparent and scalable financial management tailored to the needs of not-for-profit organisations. - [About](https://accountingforgood.com.au/about/) - Specialist not-for-profit accountants with decades of experience supporting charities with expert financial guidance, systems and sector knowledge. - [Outsourced CFO](https://accountingforgood.com.au/services/outsourced-nfp-cfo/) - Experienced outsourced NFP CFO services providing strategic financial leadership, reporting, budgeting and risk management for your organisation. - [Outsourced Finance Department](https://accountingforgood.com.au/services/outsourced-finance-department/) - End-to-end outsourced finance department for not-for-profits, delivering expert bookkeeping, reporting, payroll and financial management. - [Contact](https://accountingforgood.com.au/contact/) - [FAQs](https://accountingforgood.com.au/faqs/) - Answers to common questions about our not-for-profit accounting services, outsourced finance solutions and how Accounting For Good supports NFPs. - [Our Expertise with Charities & NFPs](https://accountingforgood.com.au/services/nfp-accounting/) - Specialist accountants for NFPs and charities, offering deep sector expertise, compliance support and financial insight you can rely on. - [Services](https://accountingforgood.com.au/services/) - Comprehensive not-for-profit accounting services including outsourced finance, bookkeeping, payroll, compliance, and strategic financial support. - [Thank you](https://accountingforgood.com.au/thank-you/) - Thank you for contacting us. We will be in touch soon. - [Articles](https://accountingforgood.com.au/blog/) - [Yin Zhang](https://accountingforgood.com.au/yin-zhang/) - [Kirsten Campbell](https://accountingforgood.com.au/kirsten-campbell/) - [Xianxian Shen (Cliff) ](https://accountingforgood.com.au/xianxian-shen-cliff/) - [Ann Janaway](https://accountingforgood.com.au/ann-janaway/) - [Sarah Locke](https://accountingforgood.com.au/sarah-locke/) - [Kathy Tung](https://accountingforgood.com.au/kathy-tung/) - [Jane Chen](https://accountingforgood.com.au/jane-chen/) - [Paula Chegwidden](https://accountingforgood.com.au/paula-chegwidden/) - [Carol Tran](https://accountingforgood.com.au/carol-tran/) - [Case Studies](https://accountingforgood.com.au/case-studies/) - [Accounting technology frees up Rainbow Lodge to focus on doing good](https://accountingforgood.com.au/blog-case-studies-accounting-case-studies-accounting-technology-at-rainbow-lodge/) - The Judge Rainbow Memorial Fund is an incorporated association that operates as a halfway house called ‘Rainbow Lodge’. | Accounting for Good - [Accounting For Good ticks the right boxes for the Centre for Disability Studies](https://accountingforgood.com.au/blog-case-studies-accounting-case-studies-cds-afg-ticks-the-boxes/) - The Centre for Disability Studies has a mission to create and disseminate knowledge that improves the lives of people with disability. | Accounting For Good - [RMA leaves the accounting to the professionals](https://accountingforgood.com.au/rma-leaves-the-accounting-to-the-professionals/) - Read The Risk Mgmt. Association Success Story - At AFG, we have helped them to achieve their goal thanks to our Outsourcing solutions. | Accounting For Good - [Allevia outsources its accounting and secures its future](https://accountingforgood.com.au/blog-case-studies-allevia-outsourced-finance-department/) - Read Allevia’s Success Story - We have helped them to secure their future by using outsourced financial team for their accounting needs. | Accounting for Good - [NADA, AFG and navigating the current health crisis](https://accountingforgood.com.au/blog-case-studies-nada-afg-and-navigating-the-current-health-crisis/) - NADA has partnered with Accounting For Good for over 15 years. 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