02 July 2019
The business issue
Police-Citizens Youth Clubs (PCYC) Queensland is a leading provider of youth and community programs, services and facilities. As a trusted and respected charity their staff and volunteers have been working with the Queensland Police Service (QPS) to meet local community needs since 1948. Today, PCYC Queensland supports more than 73,000 members across 54 clubs from Torres Strait to the Gold Coast and beyond.
PCYC Queensland required assistance with Audit and were looking for an organisation who could provide timely responses, cost/value relationship, were ethical, transparent and decent professionals who espouse to the same company cultural values PCYC Queensland do.
In 2017 PCYC appointed BDO Auditors on the basis of BDO’s reputation for exceptional customer service.
After working with BDO for a few years now, Phil Schultz, PCYC Queensland, CEO said “the time and effort the BDO Audit team invested initially to understand the diverse and complex nature of our organisation and charity sector impressed PCYC Queensland, which has made our audit process seamless”.
BDO is now assisting PCYC Queensland to review the organisation’s five-year Strategic Plan to identify strategic priorities for the future, “PCYC Queensland is excited about our future direction that BDO is assisting to map out”, Phil Schultz said.
“BDO’s Consulting team has enabled us to better manage risk, improve accountability, and ensure mission and vision, and our obligations as a registered charity are met.”
Phil Schultz, CEO, PCYC Queensland
If you would like to know more about how BDO can help you, please contact us.
Accounting standards training
These online materials include guidance and examples to demonstrate how the principles in AASB 1058 Income of Not-for-Profit Entities and AASB 15 Revenue from Contracts with Customers apply to NFPs in practice.