The not-for-profit and charity sector are of utmost importance to New Zealand. Not only do they contribute to local communities and national causes, in terms of raising awareness, community involvement and funds for research and development, they also contribute greatly to the economy.
Figures suggest that not-for-profit organisations contribute billions of dollars to New Zealand’s GDP each year. Much of that comes from the value of work hours volunteered. Not-for-profit organisations also contribute by using other NZ-based businesses to provide the necessary services or products.
With not-for-profits playing such a vital role it is important that they are adequately supported to ensure their financial records are kept up to date. For charities that rely on volunteers and may not have their own accountants, outside assistance can be helpful to ensure reporting requirements are being met.
Forbes Audit and Accounting has been working with not-for-profit organisations for more than a decade
Non for Profit Audits Auckland
We have been working in the not-for-profit audit sector for an excess of 10 years. During that time we have developed specialist knowledge and skills to work with the specific issues facing not-for-profit organisations.
Appropriately trained, skilled and seasoned through years of auditing and consulting experience, our professionals know what to deliver and how. Our professional team offers value for money service and outcome delivery giving you what you need, when you need it and in the correct form.
Our team are always available and always approachable whether you are a large government-funded organisation or a small charity. We are not a “closed shop” to suggestions regarding either our personal performance or the outcomes of our audit activity.
Our not-for-profit clients come in all sizes
McGregor Bailey Audit’s not-for-profit clients range from a turnover of $100,000 to $70 million. Our smaller clients without an in-house accountant value our assistance in directing them with the reporting requirements now required of Tier 3 and Tier 4 entities. There are a number of templates to follow for this reporting. However, it is often helpful to have an expert from our team to guide you through them to ensure compliance. You can find the standards and templates for the 4 reporting tiers on the XRB website: Accounting Standards Reporting Templates
Some of our clients include:
Do you run a not-for-profit organisation or charity and need assistance with your reporting requirements or auditing?
Contact the team at Forbes Audit and Accounting to see how we can help.