The pressures on Not-For-Profits are stronger than ever before, in a time of higher demand on services, tightening regulations and increasing expenses. The sector is rising to meet challenges with recruitment and volunteers, cyber threats and digital transformation, and reporting and compliance. With a team that is active across the sector, both professionally and personally, we understand what matters most to NFPs.
Operating in the not-for-profit (NFP) sector presents many challenges. Change is constant and so too is the pressure to raise funds, understand and navigate government policies, and manage the changing demographics and expectations affecting NFPs daily. Integrated service delivery is the key element of BDO’s Not-For-Profit services - we identify opportunities and help implement solutions in a connected and considered way to make the most impact for you and your communities.
We provide advice on audit, tax and consulting services to a large number of organisations in the NFP sector, including community service providers, National Disability Insurance Scheme (NDIS) service providers, educational institutions, overseas aid organisations, healthcare, membership organisations, and sporting and community clubs.
Our team can assist your team with:
In 2020, Petrina Fraccaro, CEO of Cystic Fibrosis Queensland, realised that her Not-For-Profit could not soley rely on funds and grants to grow. Petrina approached BDO's Private Wealth team to start an investment portfolio and secure her Not-For-Profit's future.
When Simon Smith joined AEIOU as CFO, he saw the opportunity to implement more efficient processes through the adoption of cloud-based software. Over the course of five months, BDO's Cloud Advisory team worked with Simon and his finance team to determine their process requirements and implement suitable cloud ecosystem solutions.
Not-for-profit entities (NFPs) registered with the Australian Charities and Not-for-profits Commission (ACNC) are required to prepare financial statements that comply with Australian Accounting Standards.
FIND OUT MOREUse our resources and watch our webinars to guide you through the financial reporting requirements of AASB 1058 when dealing with Not-For-Profit entities.
TRAINING RESOURCES
Elizabeth Blunt
Contact us
Contact our team to discuss your needs using the request for service form.
Alternatively, call 1300 138 991 to speak with an adviser in your nearest BDO office.