Not-for-Profit Accounting & Auditing
Not-for-profit organisations often encounter difficulties relating to the financial requirements of raising funds. There are also many government policies NFPs must adhere to that are constantly being updated, making it important to seek independent audits from not for profit accounting experts. Not-for-profit, charitable organisations can benefit from independent audits in multiple ways, including improving performance and meeting any compliance requirements.
Auditing and statutory compliance requirements for your not-for-profit may vary depending on the type and size of your organisation.
Even if state or federal legal requirements for audits do not apply to your charitable non-profit, there are two main reasons why your charitable nonprofit may want to seek an independent audit.
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1. One primary reason is to demonstrate your charitable organisation’s commitment to financial transparency.
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2. Another reason to conduct an audit even when not required by law is that many public and private foundations or funders require charitable non-profits to submit audited financial statements or conduct an audit in order to be eligible for funding.
How Everest Can Help
Everest Tax & Property is a Melbourne financial firm with a team of chartered not for profit accounting experts with many years of experience providing not-for-profit audit services to companies across Australia. Our NFP accountants have vast knowledge when it comes to the reporting and legislative obligations that Australian NFP organisations must adhere to. We can also help you to improve your not-for-profit organisation’s performance and make compliance less expensive.
What We Can Do for You
- Audit and assurance services
- Internal audits
- Payroll compliance consulting
- Governance reviews
- Grant applications and acquittals
- And more
Contact Us Today
To enquire about Everest Tax & Property’s NFP accounting services, call us today on (03) 9467 3844 or submit an online enquiry.