Not-for-profits

Content Summary

Information and resources for not-for-profit (NFP) organisations and advisers

Australia’s NFP sector is large and diverse. There are approximately 600,000 NFPs in Australia, 54,000 of which are charities registered with the Australian Charities and Not-for-profits Commission (ACNC).

The ACNC’s annual Australian Charities Report recently found that the combined income of Australia’s registered charities is over $134 billion, the equivalent of 8.3 per cent of Australia’s GDP.

If you have a not-for-profit related enquiry, please contact us at [email protected]

Mentoring for NFP treasurers

In partnership with Pro Bono Australia, we offer qualified CPA Australia members the opportunity to add value to your community through the Mentor the Treasurer program. 

CPA Australia and RMIT: Mergers, amalgamations and acquisitions

This report identifies and assesses the key motivations, risks, barriers and opportunities associated with mergers and acquisitions in the Australian not-for-profit human services sector.

Guides

Informs charities and their advisers on their financial reporting and assurance obligations under Australian legislation and regulations.

The accounting standards AASB 15 Revenue from Contracts with Customers and AASB 1058 Income of Not-for-profit Entities became effective for accounting periods commencing on or after 1 January 2019. This Q&A transcript discusses the implications of the change.

Provides a summary of financial reporting and audit/review requirements as set out in the Corporations Act 2001 (applicable to companies limited by guarantee) and each state and territory’s incorporated association legislation.

A guide intended for the external users of financial statements prepared by NFP entities in Australia, such as members of NFPs, donors and funding providers. Management and employees of NFPs may also find the guide useful.

A guide for the external users of financial statements prepared by not-for-profit (NFP) entities in New Zealand.

Guidance for the valuation and depreciation of public sector assets in accordance with the requirements of the International Financial Reporting Standards (IFRS), International Public Sector Accounting Standards (IPSAS) or their jurisdictional equivalents, such as Australian Accounting Standards (AASB).

A guide designed for managers, board members, advisory boards and management committees of small, medium and large not-for-profit organisations (NFPs).

Although profitability is not the core purpose of an NFP, it is necessary to ensure that the NFP is sustainable and properly funded. This guide assists NFPs with the implementation of sound financial management practices to make certain that the social objectives of the community organisation are met.

A ready reference guide for not-for-profit organisations, and those working with not-for-profit organisations, on how to manage and acquit grants from government.

Pro Bono Australia: Guide to giving, 28th edition

A national directory of not-for-profit organisations and Australian charities. The definitive map of Australia’s not-for-profit, philanthropic and charity sectors.

Koda Capital Insights

Koda Capital produce a number of reports relevant to the not-for-profit section, including: