Blog - Accounting and Bookkeeping News | Accounting for Good

Accounting For Good turns 25

Accounting For Good celebrates 25 years in June 2022. It’s an incredible milestone and we are very proud of this achievement. We have invited some of our founders, our current team and our clients to comment on their thoughts and experiences of the last 25 years.

End of financial year NFP director responsibilities

The end of the financial year is a crucial time for not for profit organisations to make sure they have their accounting records up to date and are ready to meet their compliance requirements. But what are some of the NFP director responsibilities at year end?

The importance of volunteers

Do you have volunteers working in your not for profit organisation or association? It is estimated that around 3.6 million volunteers give their time and skills to charities, community organisations and other not for profit entities. We want to shine a spotlight on the importance of volunteers.

Financial automation in not for profit organisations

If you are still actioning a lot of financial tasks manually, then it’s time to consider implementing elements of financial automation within your not for profit. Automation can help save you time and money, and for most NFP organisations that would be highly beneficial.

How to choose a not for profit auditor

Your not for profit auditor can be a great resource for your organisation – a firm that knows the sector well and is familiar with the types of income typically seen in NFPs will be more efficient in their audit work.

Tips for preparing not for profit budgets

Is the calendar right? Is it really the end of April? Yes… we are already in the final quarter of FY22, which means you need to be preparing your not for profit budget. We’ve put together some tips that will help you prepare for the coming year.

Charities and elections

The next Australian Federal Election is due this year and with it comes the opportunity for charities and not for profit organisations to consider how they engage in the country’s political landscape.

Farewell Morri Young OAM

Passionate, innovative, generous, irascible and very funny. Morri Young, co-founder of Accounting For Good, passed away on Sunday 13th February. He worked hard and made a difference in the world in his 69 years here, leaving a truckload of legacies in his wake.

Understanding ancillary funds

Ancillary funds are an important part of the Australian philanthropic landscape. They provide a secure channel for both private and public giving and are one of the most popular philanthropic structures.

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.

NFP Accounting Articles