CPAs working in the not-for-profit (NFP) sector face unprecedented change amidst a backdrop of tightening revenues, increasing demand for services and an expectation to “do more with less”.
Whether your organisation considers itself to be a “not-for-profit”, “profit for purpose”, “non-government organisation” or a “charity”, CPA Australia is here to support members working in this sector and equipping their organisations for success.
Connect with your local General Manager/Country Head and Relationship Manager who can assist you with professional development and connect you with local NFP sector committees and discussion groups. Contact us
For the individual learner
My Capability Plan is a self-assessment tool provided exclusively to CPA Australia members that assesses capabilities against CPA Australia’s Accounting and Finance Capability Framework. By undertaking this assessment, members will identify capability strengths and areas for development to help guide future learning activities and career development.
Information and resources for not-for-profit (NFP) organisations and advisers
This updated guide aims to help not-for-profits implement and maintain good financial management and governance practices, providing general guidance and practical tips and suggestions.
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.
This guide informs charities and their advisers on their financial reporting and assurance obligations under Australian legislation and regulations.
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.
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.
Mentor the Treasurer Program
If you are a small NFP with less than $250,000 in annual revenue and would benefit from a qualified CPA mentoring your treasurer, or if you are a CPA Australia member who would like to volunteer to ‘mentor the treasurer’, please view further information on this program.
Australian Scholarship Foundation Grants
CPA Australia and the Australian Scholarship Foundation (ASF) offer up to five scholarships each year.
The purpose of the scholarship is to enable managers and financial officers of registered charitable organisations to enhance their knowledge and skills, contributing to the management and accountability of charitable not-for-profit organisations.
The scholarship entitles recipients to exemption from all CPA Australia Program subject fees.
Read more about this scholarship here
Pro Bono Australia’s Salary Survey
Since 2013, the Pro Bono Salary Survey has been helping not-for-profits by mapping out trends and offering in-depth insight and analysis, allowing individuals and organisations to effectively benchmark their remuneration practices. CPA Australia members receive 20 per cent off the purchase price of the report by entering the code CPAMEMBER at checkout.
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.
The following titles are available for members to borrow from the CPA Australia library. You’ll need an online account with us to access these resources.
Financial management for nonprofit organizations: policies and practices
From go to woe: How a not-for-profit managed the change to accrual accounting
Streetsmart financial basics for nonprofit managers
The Executive Director's Guide to Thriving as a Nonprofit Leader (eBook)
A solution for plastic waste
Nonprofit management 101: a complete and practical guide for leaders and professionals
Koda Capital Insights
Koda Capital produce a number of reports relevant to the not-for-profit section, including:
An Effective Investment Policy Statement
Establishing an Investment Portfolio
Investing for Non-Profits: Essential Questions for Board and Investment Committee Members
Koda’s COVID-19 Investment Lessons for Non-Profit Committees
The Principles Of Endowment Style Investing
Top 10 Mistakes of the Australian Non-Profit Investor…And How To Avoid Them