Audit Insights
Supporting you to achieve your goals
What is the difference between audit services and reviews?
One way to streamline not for profit reporting requirements is to be clear about the difference between audit services and reviews. This article shares the nuances between the two services.
14 steps to make not-for-profit financial reporting a success
The end of the financial year (EOFY) is an important time for not-for-profit organisations (NFPs) to review their financial performance, finalise their financial statements, and prepare for the upcoming year. Follow our 14 steps on how to approach you or your client’s financial not-for-profit financial reporting requirements for year-end.
Understanding financial reporting tiers
Within the myriad of technical jargon that accountants and auditors frequently use is reference to the financial reporting tier structure. This blog looks at what these tiers mean in relationship to financial statements and audit requirements.
How Auckland businesses are supported by BIDs
To help local businesses thrive and be more effective, Auckland businesses can draw on the support of various business associations and organisations. The Hōtaka ā-Rohe Whakapiki Pakihi or Business Improvement District (BID) Programme is run by Auckland Council. It is designed to support economic development, enhance security and advocate for the interests of Auckland businesses. Find out more about how BIDs support Auckland businesses.
Creating an effective fundraising plan for a not-for-profit organisation
A well-designed plan is crucial for effective fundraising for not for profit organisations. This plan can help an organisation build and sustain long-term relationships with donors, diversify its funding sources, and achieve its mission and objectives. Find out the 12 steps you need to know to develop a fundraising plan.
9 Good Steps To Working Well With Your Stakeholders
Stakeholders are individuals or organisations that your organisation has mutually beneficial relationships with. By identifying and mapping their goals with your own, you can find common ground and leverage this to build stronger relationships that will benefit your organisation and theirs. Achieving stakeholder goals requires careful planning, effective communication, and a proactive approach to addressing their needs and concerns. To support you to work well with your stakeholders, our founder Alex Houghton has put together a list of nine good steps you can take to create the best return on these relationships. Identify your stakeholders: Make a list of all the individuals or groups who have an interest in or can be impacted by your project, business, or initiative. This may include customers, employees, investors, community members, government agencies, and more. Understand their goals: Take the time to recognise the specific goals, expectations, and concerns of each stakeholder. This may be done through surveys, interviews, meetings, or other forms of communication. Consider their short-term and [...]