Does Your NFP Require Financial Guidance?
27 March 2017 at 11:58 am
Mentor the Treasurer, a program run in partnership with CPA Australia and Pro Bono Australia, is looking for small not for profits who require guidance on their finances.
To apply to be a mentee, or to find out more about the program, visit the Mentor the Treasurer page.
Pro Bono Australia engages with thousands of small not-for-profit organisations every year. Some of these organisations are looking for guidance on their finances, as they are required more and more to keep track of their books and operate with limited resources. The Mentor the Treasurer program provides a link between qualified CPA Australia members and small not for profits which allows not-for-profit organisations to operate more efficiently, do more good, and gives CPA Australia members a chance to give back to the community by volunteering their time and expertise.
The primary goals of the Mentor the Treasurer program are to help small not-for-profit organisations more efficiently manage their funds, achieve financial independence and find a suitable reviewer or auditor with a minimum of fuss. The program aims to achieve this through the mentoring relationship, whereby the mentor guides the volunteer treasurer in the maintenance of sound financial records and the preparation of financial statements.
Members of CPA Australia volunteer their time to provide mentees with professional guidance on best accounting and financial practices on topics including bookkeeping, banking, record keeping, internal controls, reporting and annual financial statements.
Not-for-profit organisations benefit from the program by learning to use professional accounting and financial best practices that enable them to help Australians who need it most.
The not-for-profit, charity and social sector has particular laws, regulations and financial needs. Members of CPA Australia who have volunteered for the program are qualified, experienced professionals who care about the value to the community that the sector provides and see the program as a way to donate their time to organisations that need it.
Pro Bono Australia has recently initiated a matching system to better serve mentors and mentees.
The matching aspect of the Mentor the Treasurer program allows CPA Australia’s members to work with not for profits who work in the communities and on the causes that they care about most, and ensures that not for profits get a mentor who is not only qualified and knowledgeable on general financial matters, but also passionate about the not for profit’s cause.
Any Australian not-for-profit organisations with an annual income of less than $250,000 are eligible to apply to be a mentee in the Mentor the Treasurer program. Find out more on the Mentor the Treasurer page probonoaustralia.com.au/mentor-the-treasurer.