Insights

On 20 December 2016, the Australian Accounting Standards Board (AASB) issued the highly anticipated new Accounting Standard AASB 1058 Income of Not-for-Profit Entities.

BDO's clients come from a diverse range of sectors and industries, and the firm's ongoing commitment to not-for-profit organisations is a key part of our offering.

The introduction of the National Disability Insurance Scheme (NDIS) is one of the single biggest issues facing Australia’s not-for-profit sector today.

The critical nature of the National Disability Insurance Scheme (NDIS) has been described as the largest investment in human services that current generations will see in their lifetime – and at full implementation is expected to exceed $22 billion

Not-for-profit strategist George Liacos said that disability service providers must “shift the focus away from speculation and onto getting their houses in order before the NDIS 1 July start date”.

Recently BDO opened its sixth Not-For-Profit (NFP) Fraud Survey to the sector in both Australia and New Zealand.