Not-For-Profit

BDO delivers impact for the not-for-profit sector.

Solutions to thrive in a shifting sector

The pressures on Not-For-Profits are stronger than ever before, in a time of higher demand on services, tightening regulations and increasing expenses. The sector is rising to meet challenges with recruitment and volunteers, cyber threats and digital transformation, and reporting and compliance. With a team that is active across the sector, both professionally and personally, we understand what matters most to NFPs.

How BDO can help

Operating in the not-for-profit (NFP) sector presents many challenges. Change is constant and so too is the pressure to raise funds, understand and navigate government policies, and manage the changing demographics and expectations affecting NFPs daily. Integrated service delivery is the key element of BDO’s Not-For-Profit services - we identify opportunities and help implement solutions in a connected and considered way to make the most impact for you and your communities.

We provide advice on audit, tax and consulting services to a large number of organisations in the NFP sector, including community service providers, National Disability Insurance Scheme (NDIS) service providers, educational institutions, overseas aid organisations, healthcare, membership organisations, and sporting and community clubs. 

Our team can assist your team with:

Assurance services

  • Audit and assurance services
  • Due diligence for potential mergers
  • Wage compliance payroll audits
  • Risk assessments/governance reviews
  • Grant acquittals
  • Internal audits

Advisory services

  • Strategic and operational planning, program and project management
  • Data analytics and reporting
  • Workforce planning and cultural assessments
  • Information technology procurement and systems implementation
  • Cyber and information security
  • Forensic investigations
  • Remuneration review – staff and board


Financial reporting services

  • Statutory financial report preparation
  • Lease accounting calculations
  • Revenue recognition assessment
  • Environmental, Social and Governance (ESG) reporting

Tax services

  • Grant applications
  • Fringe benefits tax (FBT) advice and return preparation
  • Superannuation guarantee advice
  • Pay as you go (PAYG) withholding advice
  • Maintenance of charity status.

Investment services

  • Portfolio investment and ongoing management
  • Building investment strategies
  • Investment governance framework and policy statement construction and/or review.


What our clients say

Cystic Fibrosis Queensland

Cystic Fibrosis Queensland

In 2020, Petrina Fraccaro, CEO of Cystic Fibrosis Queensland, realised that her Not-For-Profit could not soley rely on funds and grants to grow. Petrina approached BDO's Private Wealth team to start an investment portfolio and secure her Not-For-Profit's future.


The team at BDO has taken the time to get to know our charity and me personally. They have a good understanding of our business and how I like to work in the business.
AEIOU Foundation

AEIOU Foundation

When Simon Smith joined AEIOU as CFO, he saw the opportunity to implement more efficient processes through the adoption of cloud-based software. Over the course of five months, BDO's Cloud Advisory team worked with Simon and his finance team to determine their process requirements and implement suitable cloud ecosystem solutions.

In addition to excellent technical expertise, the team at BDO really understand our business and have relevant, on-the-ground experience of the processes and systems we wanted to work with. This knowledge bank is so valuable.

Not-For-Profit financial reporting

Not-for-profit entities (NFPs) registered with the Australian Charities and Not-for-profits Commission (ACNC) are required to prepare financial statements that comply with Australian Accounting Standards.

FIND OUT MORE

Financial reporting training and resources

Use our resources and watch our webinars to guide you through the financial reporting requirements of AASB 1058 when dealing with Not-For-Profit entities.

TRAINING RESOURCES

Meet our industry leader

Meet our team

Aletta Boshoff

Aletta Boshoff

Partner, Advisory
National Leader, IFRS & Corporate Reporting
National Leader, Sustainability
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Peter Toll

Peter Toll

National Leader, Food & Agribusiness; International Liaison Partner; Partner, Corporate Finance
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