Strong values, strong governance
Alex Hayton, CEO of the International Taekwon-Do Foundation of New Zealand (ITKD) How BVO Audit supports the values and governance of NZ’s largest martial arts organisation. With over 3,000 members across 50 clubs, ITKD is built on discipline, community, and transparency. CEO Alex Hayton shares how BVO helps make audit season smooth and why a proper audit matters for a member-led organisation.
No time to waste: keeping Parnell Business Association on track
Cheryl Adamson General Manager of the Parnell Business Association (Parnell BID) How BVO [...]
How smart Incorporated Societies use audits to grow
Audits are often seen as a compliance task, something to tick off for funders or the rules. But for incorporated societies, they can do much more. A well-run audit builds trust, strengthens governance, and helps attract funding. With the right approach it becomes a strategic asset.
How to Avoid the Common Pitfalls of Not-For-Profits: A Practical Guide
Not For Profit (NFP) organisations are integral parts of New Zealand society. However, they are often hindered from their mission by financial planning pitfalls. In this article, we have compiled 15 expert solutions to ensure that your NFP can focus on making bigger difference in our community.
Not-For-Profit Accounting: How to Perfect Your Budget
Budgets lie in the centre of many accounting issues for not-for-profit organisations. Therefore, a well-structured budget can help your NFP stay on track, achieve its mission, and make a lasting impact. Check out our 10 top tips about how to achieve this.
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.
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.
The 15 key responsibilities of a Not For Profit treasurer
From an auditing and accounting perspective, it is vital that all members of the organisation understand the duties of a treasurer and how to manage the organisation’s finances. In this blog, BVO Audit Director Alex Houghton shares the 15 tasks a treasurer must get very good at to run an effective not-for-profit organisation.
What is Statement of Service Performance reporting?
Not For Profit entities (i.e., Charities Services organizations) defined as large and as being either T1 or T2 entities are required to include a Statement of Service Performance (SSP). This article outlines this specific not for profit reporting requirement.