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Tag : Accounting

Charities get bigger, not stronger

David Knowles, Wednesday, 3rd June 2020 -  A focus on revenue overlooks the reality that charities are often hamstrung when it comes to juggling their finances, writes David Knowles. The way we think about charities is dead

Federal financial support to NFPs for COVID-19 and accounting considerations

Nick Walker, Thursday, 7th May 2020 -  What do you need to know about the government’s JobKeeper Payment and Cash Flow Boost for Employers? Nick Walker from HLB Mann Judd Melbourne breaks it down. Like the private sector,

Do we spend now, or spend later?

Brenton Cox, Wednesday, 18th March 2020 -  The Xfactor Collective finance and accounting specialist Brenton Cox answers a common question on the tip of everyone’s tongue, as we make our way through uncertain times. According

UK charity sector’s audit standards don’t add up

Luke Michael, Thursday, 29th August 2019 -  Many UK charities are failing to provide an accurate and clear picture of their finances, with new research showing almost 50 per cent of organisations are not properly scrutinising

Standardised finance system promises to cut charity red tape

Maggie Coggan, Monday, 22nd July 2019 -  The Australian charities sector should keep a close eye on a plan to develop international finance reporting standards, experts say.  International Financial Reporting for Non-Profit

Compliance with new rules on income of not-for-profit entities, and leases

Contributor, Tuesday, 2nd April 2019 -  Darryl Swindells, from HLB Mann Judd Sydney, reflects on how new accounting rules can change how, and when, not for profits recognise income. We recently held a 3.5 hour seminar/workshop

Accounting Changes Raise Red Tape Concerns for Charities

Maggie Coggan, Wednesday, 29th August 2018 -  It is feared the proposed removal of special purpose financial statements (SPFS) by the Australian Accounting Standards Board (AASB) will cause a “massive burden” for smaller charities.

Empowerment Through Knowledge

Contributor, Thursday, 1st March 2018 -  The Collins & Co fourth annual not-for-profit conference, being held at the MCG in Melbourne on 15 March 2018, is designed for all levels and areas of expertise and boasts two formidable

Practitioners Go the Extra Mile for a Good Cause

Contributor, Tuesday, 19th December 2017 -  Volunteering can enrich your life with new purpose and put your hard-earned skills to work at the same time, writes Nina Hendy in this article that first appeared in CPA Australia’s

Strong NFP Response to New Accounting Guide

Staff Reporter, Tuesday, 12th April 2016 -  A new guide from accounting peak body CPA Australia, which helps Not for Profits meet the requirements of recently issued accounting standards, has had a large interest from the sector.

Changes to Accounting Standards on Income for NFPs

Xavier Smerdon, Thursday, 14th May 2015 -  New accounting proposals in the Not for Profit sector may result in better matching of income and expenditure than the current standards, according to the Australian Accounting…

Volunteering Engagement High in Accounting Profession

Lina Caneva, Wednesday, 24th September 2014 -  A social impact study conducted by one of Australia’s major professional accounting bodies has revealed a high level of skilled professional volunteering in the industry.…
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