A report tabled by Social Ventures Australia (SVA) and the Centre for Social Impact (CSI)—Paying What It Takes—outlines the sector’s financial concerns, particularly the funding of indirect costs.
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The Blackbird Foundation is doing incredible work with young people. Grants for individual projects and organisations in Australia and New Zealand.
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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.
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When an organisation, including an NFP, purchases an asset, why is it capitalised rather than recorded as an expense?
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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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Australia is considered a caring country, as evidenced by the extraordinary number of registered charities operating on our shores. The machinations, governance, and maintenance of establishing and running a charity or NFP are a great deal of work.
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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 start of the financial year.
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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 cash, following up on our previous article on cash vs. accrual accounting.
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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 you gain confidence in financial reporting and governance.
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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.
Read MoreWe work exclusively with ACNC registered charities and Not For Profit organisations with a turnover of AUD$1 million or more. If your organisation seeks professional and customised accounting support and services, we’d love to hear from you. Complete the contact form and one of the experienced team members will contact you shortly.
If you want to establish a charity or NFP, please read our article “Thinking of starting a charity or NFP.” Accounting For Good cannot assist new entities or start-ups at this time.
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