Blog - Accounting and Bookkeeping News

NFP – Reflecting on audit findings

The ACNC conducts audits to ensure that organisations comply with the ACNC Act and adhere to their responsibilities under Australian law. We have noticed some changing trends in the process and in this article we examine them in more detail.

Distinguishing between a charity and a not for profit

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.

Accounting services for not for profit

For many not for profit organisations having an internal finance department is costly. Outsourcing this function to professionals makes economic sense. Accounting For Good specialises in providing high level professional accounting services including a financial department and consulting services.

Not for profit exposure and financial health 2024

Expsoure directly influences the financial health of NFPs. In challenging financial climates, NFPs must look to enterprising decision-making.

Budget strategies for NFP organisations

Budgets are critical for not-for-profit organisations (NFPs). Successful budget strategies enable NFPs to have the financial structure to continue their mission smoothly. In this article, we look at a series of budgetary strategies that NFPs can use to help navigate their financial position for the forthcoming financial year.

Not For Profit and the budget

Accounting For Good breaks down three budget pillars that directly impact the Not-for-Profit sector: NDIS, housing, First Nations students, and women.

Not for profit cost management

Cost management is challenging for any organisation and the Not-For-Profit sector is not immune from cost management issues. In this article, we explore some helpful ways to address cost management challenges.

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.