We are here to help
NFP Organisations
CBD Accountants Blacktown recognises how complex operating a Not for Profit organisation can be.
Our friendly and experienced team can help whether you are want to register or set up a Not for Profit organisation with it being a charity, religious entity, club, association or something similar. If you already have the organisation setup, we are experienced in assisting you with the ongoing advice and complying with all applicable regulations.
Setup
We are here to help during this momentous occasion of setting up your not-for-profit organisation. Our team is eager to understand your goals and what you are hoping to achieve, we will look at these objectives are the main operations and assist with setting up the not-for-profit in the best optimal structure catered to you. Our Blacktown accountants are reliable at the preparation and lodgement of any documentation required by not-for-profits by government bodies.
Managing Compliance and Advice
Not-for-profit organisations may feel the same as though they are operating a regular business due to the various regulatory demands and increasing responsibilities associated with accountability, risk and governance. We understand the needs that come with the complexity of this structure and can ensure continual compliance as well as proactive advice so that you can confidently prepare for the future.
Accounting and Bookkeeping
Our Blacktown accountants can quickly enter and process your data and deliver any other accounting and bookkeeping jobs you require to a high professional standard. Due to our years of knowledge and experience of charities and similar organisations, we can finalise you accounting and bookkeeping needs is a timely manner.
Taxation
Our team of tax experts at our Blacktown Office are eager to assist with your unique organisation:
Income – We understand that most Not for Profit (NFP) are taxation exempt even though they are still required to prepare and lodge annual tax returns, which we can help by timely and accurately preparing for you. Although, if the specific NFP is taxation liable, we are experienced and can work closely with your organisation to minimise you taxation liabilities for the present period. As our Blacktown team learns about your organisation, we can advise on potential concessions that can be applied for and proactively provide taxation advise to meet your future goals.
Payroll Management – If the NFP hires any employees the organisation will be required to register for PAYG Withholding. In addition, should you offer any non-monetary benefits, you may also be subject to FBT requirements, although most NGO’s are permitted a limited rebate
Financial Reporting
Our experienced Blacktown team understand the requirements of NFPs which includes general or special purpose reports and reduced disclosure requirements. We are also able to accurately prepare a profit and loss statement, statement of financial position, changes in equity, cash flow statements and their associated notes to correctly represent your financial situation.
Audit and Compliance with ACNC
CBD Accountants Blacktown is equipped with the knowledge and experience to provide precise Annual Reports to the ACNC and any further documentation that may be required by government bodies. We are experienced with auditing Not-for-Profits, so if you are required by the ACNC we are eager to assist and meet your deadlines.
Budgeting and Forecasting
We at Blacktown look forward to seeing your organisation grow along with our business. Our team can prepare budgets and forecasts tailor made to your goals and records so that you have confidence in your future decision-making. Whether your targets are around fundraising or being more cost-effective we can develop professional strategies and adapt them when needed so that you can maximise the benefits, all you need to do is contact us.