As a NFP organisation, more often than not the true value of your organisation isn't measured by traditional accounting practices. In accounting terms, how do you measure the benefit of providing housing to a homeless person? How does a tennis club measure the value of providing courts to a community? Or how to measure the annual value of it's volunteers provide? This is where Social Value Impact Accounting can help your organisation show its true value in dollar terms.
Your auditor holds a very special position in the operations of your organisation. Strong robust organisations tend to undertake strong company audits, financial audits and performance audits, using auditors who not only carry out their statutory duty but often question management decisions and provide advice and suggestions on how management can be improved. So how do you know what are the key audit matters and what you should be asking your auditor about? We have the top 5 questions for your auditor.
Accounting for Small Businesses is an integral part to the success of your business and we’re passionate about providing innovative, practical solutions focused on improving profitability and value to your business. Our ‘Accounting for Small Businesses’ guide will help you begin to make the best accounting and tax decisions for your business.
As Accountants and Business Advisors we’ve helped many clients delivering personal, timely, quality advice to provide them with cost effective strategies and solutions. Download our “Starting or Buying a Small Business" guide to discover the first steps you need to take when embarking on starting your small business.
Learn why there is a place for value reporting within the accounting framework and why the release of AASB 16 Leases suggests the Accounting Standards Board does not understand the purposes of financial statements and does not understand the basis on which accounting financial statements are prepared.
