Blog - Accounting and Bookkeeping News

Not for profit fundraising

Not for profit fundraising took a huge hit during the initial waves of the virus and many organisations spent much of 2020 trying to survive. But we hope that now at the start of 2022 there are opportunities for NFPs to achieve positive funding results.

How skills of the Accounting For Good team can help your NFP

Working in the world of accounting and financial management can be challenging. There are many different skills you need to have in order to be able to fulfil your day-to-day tasks – whether as a bookkeeper, a professional accountant or a CFO. We have exceptionally skilled team members who know the nuances of the not for profit sector like no other.

Accounting For Good farewells Castlereagh Street

After a decade working from our lovely Castlereagh Street office, the time has come for Accounting For Good to move to a vibrant new location. The last two years have seen a significant shift in our work-life habits and the processes and tech-stack that we’ve built over the years.

Vital support: building resilient charities to support Australia’s wellbeing – SVA and CSI report review

In May 2021, Social Ventures Australia and the Centre for Social Impact released their fourth report in their Partners in Recovery series. The series looks at how the not for profit sector has been affected since the onset of COVID-19.

Not for profit Responsible Person

All registered Australian not for profit organisations and associations must meet a set of governance standards as set out by the ACNC. Within the standards there are specific references to the role of a not for profit Responsible Person.

Not for profit salary packaging

Does your not for profit offer salary packaging to employees? For many NFP organisations salary packaging, also known as salary sacrificing, is an important tool that enables them to offer added employment benefits without incurring extra costs.

Cloud accounting tips to help your NFP

We’ve said it before… but we’ll say it again… we love cloud accounting! It provides a vast range of benefits to our clients and enables us to offer an extensive service that can be tailored to suit any sized not for profit organisation.

NFPs supporting hope, post COVID

When the global pandemic hit Australia in early 2020, no one could have predicted that by July 2021 we would still be in the depths of lockdown. NFPs play a critical role in encouraging hope in individuals and the community as we work towards a post COVID life.

Does your not for profit need a CFO?

A not for profit organisation relies on quality financial management in order to pursue its purpose. These financial responsibilities can become complicated and difficult for a bookkeeper to manage. This is when you might start to think – does your not for profit need a CFO?

Is your profit and loss accounting up to date?

In the lead up to 30 June there are always a lot of accounting tasks that require your attention. But one of the most critical is reviewing your profit and loss reports in relation to your funding and all related projects.

NFP Accounting Articles