Legislative and accounting compliance is often an area of significant uncertainty. There are a number of state and federal organisations, including: the ATO, Consumer Affairs, ACNC, government departments, ASIC, State Revenue Office etc., which have different requirements for different organisations.
These requirements depend on a wide range of factors. Financial reporting requirements are dictated by entity structure and revenue. Different levels of assurance (audit or review) may also be required when submitting the financial statements to the governing authorities.
In dealing with not-for-profits on a daily basis, Saward Dawson are experts in understanding the complex environment that NFPs operate in.
Contact Saward Dawson today for a review of your structure, strategy and controls to ensure you are protecting your NFP.