Not For Profit financial support
We’re here to provide support, expertise and inspiration to help you do your best work
Our philosophy for supporting Not For Profit organisations is to:
Understand the relationships between the committee, the staff, the volunteers and the members
To understand the operations side of the business
To move the organisation to best practice over a period of time
Our services include:
Accountability
Corporate Governance
Annual reporting requirements
Financial Literacy for Boards
Strategic Planning
Key Performance Indicators for the Board & Auditing
Fixed Assets & Depreciation
GST & BAS
Updates/changes to Accounting Standards
Financial & Non-Financial Reports
Planned Revenue & Fundraising
Revenue & Grant Income
Budgets & Forecasts
Board & Leadership Development
Corporate Members & Revenue
Insurance Revenue
Investments
Logistics
Cloud Accounting software
Cloud software Integration
Operational Manuals
Fraud & Embezzlement
Branding & Websites and Outsourcing
Document Management
Payroll Records
Banking
Review of Supplier Contracts
Fraud
Find out about services to support your NFP
Social Value Accounting
In our view, the current standard financial statements can be incomplete and therefore misleading.
Social Value Accounting looks to add to your traditional statements and provide a complete and accurate account of the value you provide in dollar terms. We prepare a separate set of reports which take the standard financial statements and adjusts those reports for social benefits, social costs and social responsibility.
The standard financial statements for example, do not include activities which are provided free of charge and include the sale of all goods and services provided at the price paid by the purchaser. The price paid by the purchaser may not reflect the true value of those goods and services. In very general terms, the standard financial statements considers only the quantity of the transactions for a period and ignores the quality or lack of quality of those transactions.
Social Value Accounting takes your reporting one step further:
Social responsibility accounting is concerned with the activities undertaken during the period and the value those activities provide to your community.
It is our view that unless an equity social dollar value is assigned to the activities your organization undertakes, then the contribution your organization makes to society is not appreciated or understood by government, society and other funding organizations.
Not For Profit Advice from our Blog
10 Practical Ways to Strengthen Corporate Governance
Determine how well your organisation is governed by downloading and scoring your organisation using our Corporate Governance checklist to find out which areas you need to improve and which areas you’re doing well.
Preparing reports that show the true value you provide
Not For Profit organisations need to be financially stable while also maximising the impact they have on the community they support. We'll explain just how you can show this in NFP reporting.
