We offer a complete range of these services to business clients and non profit organisations attending to all their statutory compliance issues.
Our audit team led by John Watson and Rupa Dharmasiri conducts audits of various size and business types.
The team has a specialty in auditing not-for-profit (non profit) entities. Our current non profit clients include:
- Companies limited by guarantee
- Incorporated associations
- Public Benevolent Institutions (PBI)
- Charities including Health Promotion Charities
- Church Groups and Congregations
- Religious Institutions
- Aged Care facilities operated by Religious Groups
- Peak Industry Bodies
- Community organisations and sports clubs
- Registered Training Organisations
- Schools and P&C Associations
- Deductible Gift Recipients (DGR)
- Child Care Institutions
Our team members are familiar with unique issues faced by not-for-profit entities such as:
- Reporting to funding agencies
- Fund raising issues including internal controls, financial statement reporting and GST implications
- Fringe Benefits Tax (FBT) rules and their impact on PBI’s, Health Promotion Charities, Schools and other Rebatable employers
- State based payroll tax and stamp duty exemptions
- GST concessions
- Annual paperwork in order to comply with self assessment for Income Tax Exemption purposes
- Trust structures within non profit entities
- Allocation of overheads among various grants
- Advice in relation to Constitutions
- Advice to Boards and Committee on Governance issues
We also provide a significant contribution to the non profit sector by way of in-kind donations.
