The following should be considered in the context of your charity’s circumstances. Some warning signs of financial difficulties that may lead to insolvency may include: Difficulty paying bills for goods …
The other factor affecting reporting obligations to the ACNC is whether your charity is a Basic Religious Charity (BRC). If a charity meets the requirements to be classified as a …
These are 4 scenarios where the charity’s record keeping practices – and many other policies and processes – should be improved. Pick one of the scenarios. Imagine that the ACNC …
This video describes what solvency is and how it relates to charities and charity board members. Resource The two ACNC online courses on Governance Standards
This video explains how to interpret a profit and loss statement, which is a key skill all charity board members must have. Resource Financial management of not-for-profit organisations by CPA …
A balance sheet is a key financial document that all charity board members must to be able to read and interpret. This video covers definitions and theory that we will …
These articles are from the online course:
Reporting Obligations of Your Charity Part A: Overview and Basic Financial Skills