Our advisors focus on providing professional, practical and timely advice to help your organisation meet its goals.
We have a wealth of knowledge working with not-for-profit organisations in assisting them to realise their potential. Our advisory division comprises of over 30 skilled professionals with a breadth of experience, allowing us to provide high-quality, reliable support tailored to the specific needs of your organisation. We can provide organisations with a start to finish accounting function as necessary or work with your finance team providing support and specialist knowledge.
Our Services include:
External CFO Services
Accru Melbourne offers ongoing or interim CFO services tailored to the unique needs of not-for-profit organisations. We can ensure your team is led by an efficient and knowledgeable person, which is crucial to running a successful organisation, minimising risks and maintaining smooth operations. We provide strategic support to boards and committees with ongoing financial advice and timely information.
Additionally, we develop financial policies for robust governance and compliance, attend meetings to offer expert insights, and support finance teams with specialised knowledge to enhance their performance.
External Finance Department
Accru offers a comprehensive solution for all your accounting needs. Our expertise lie in designing and implementing optimal accounting systems and procedures tailored specifically to your organisation. We ensure timely and efficient completion of daily accounting transactions while keeping full control with your management team. Our services cover every aspect of financial management, include bookkeeping, payroll, management accounting, acquittals, and tax compliance. Partnering with Accru ensures seamless handling of your accounting functions, eliminating the need for an in-house team and ensuring peak operational efficiency.
Management Reporting
Are you receiving sufficient information to manage your organisation or projects effectively? Accru provides ongoing management reporting services, offering tailored reports that equip your team and board with the precise information needed for informed decision-making. Our reports give a clear picture of your organisation’s current status and future direction, helping you monitor projects and key performance indicators. With Accru’s expertise, you’ll have the insights needed to drive success and achieve your goals.
Dashboard & Financial Reporting
Which key drivers do you need to monitor and track for your organisation or projects? Accru can help you create customsied dashboards and regular reporting to effectively track data and financial performance. We can implement APIs for real-time data, ensuring up-to-the-minute insights for optimal decision-making. With Accru’s support, you’ll have the tools and information needed to stay on top of performance and achieve strategic objectives.
Finance Function Review and Advice
Accru can conduct thorough reviews of your finance function, including systems, procedures, and software, providing expert advice on improvements. Our independent evaluation will help your staff become more efficient and deliver better information enabling your organisation to benefit from streamlined processes and enhanced financial management. Let Accru’s experts guide you to greater productivity and informed decision-making.
Budgeting and Cashflow Forecasting
Accru’s extensive knowledge in budgeting and forecasting improves reporting and leads to a deeper understanding of your organisation. We specialise in three-way forecasts for accurate cash flow tracking. With Accru’s support, your budgeting and forecasting will be more precise and insightful, empowering well-informed decisions.
Acquittals
Acquittals are a crucial process for not-for-profits. Accru can streamline this process by setting up efficient systems for easy acquittal reporting and assisting in the preparation of acquittal documents. With Accru’s expertise, your organisation can ensure compliance and accuracy, simplifying the acquittal process and freeing up your team to focus on your core mission.
Tax Compliance (BAS/FBT/PAYROLL TAX)
Not for profit organisations can still have tax obligations, and Accru is here to handle them with ease. We manage recurring tax lodgements, ensuring compliance and eliminating the stress associated with tax obligations. Trust Accru to take care of your tax needs so you can focus on achieving your organisation’s mission.
Investment Advice and Support
Many organisations maintain substantial reserves for future benefit and liquidity. Are you maximising these funds while ensuring you maintain the right liquidity levels? Accru’s Wealth Management team specialise in working with associations and not-for-profits to develop a comprehensive Investment Policy Statement tailored to your objectives and needs. We create customised investment strategies, carefully considering desired asset allocation, investment mix, prohibited investments and liquidity requirements to support long-term goals.