News Article Archives

Avoid These Common BAS and GST Mistakes in Your NFP

By Ryan Miller | | |

Managing finances for a not for profit (NFP) comes with responsibilities that go beyond balancing the books. With income coming from donations, grants, fundraising, memberships and services, Goods and......

How NFP Boards Can Use Financial Reports to Improve Decision-Making

By Ryan Miller | | |

With tighter budgets, changing funding conditions and growing financial pressures, understanding the numbers is essential for not-for-profit (NFP) boards. But receiving funding is only the beginning. When grants come......

Managing Restricted Funds and Grant Acquittals Without the Headache

By Ryan Miller | | |

For Australian not for profits (NFPs), grants can provide vital funding for programs, services and community initiatives. But receiving the money is only the beginning. When funding comes with......

What Your Profit & Loss Statement Is Telling You After the First Quarter

The first quarter of the financial year is more than a checkpoint. It is an opportunity to step back from the day-to-day running of your business and ask: Are......

The Key Financial Reports Every Business Owner Should Review Each Month

By Ryan Miller | | |

For many Australian business owners, financial reporting becomes something they think about mainly at tax time. But waiting until the end of the financial year to examine the numbers......

How Good Bookkeeping Strengthens Grant Applications and Donor Confidence

By Ryan Miller | | |

In the 2024-2025 Annual Report of Australian Charities and Not-for profits Commission (ACNC), 73.4% of charities submitted their 2024 Annual Information Statement on time. However, in the same report,......

Financial Health Check for NFPs: 5 Reports Your Board Should Review After EOFY

By Ryan Miller | | |

For Australian not for profits (NFPs), the end of the financial year (EOFY) is about more than meeting compliance requirements. It is an opportunity to evaluate financial performance, identify......

Top 10 Best Practices for Preparing Your NFP’s Budget for the Year Ahead

By Ryan Miller | | |

Australian not for profits (NFPs) are operating in an increasingly uncertain funding environment. The Australian Communities Foundation’s 2025 NFP Resilience Report found that just one in four NFPs feels......