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  • Towards competitive NFP sector - Accru Melbourne

    Towards a Competitive Not-For-Profit Sector

    September 14, 2020

    The “third sector” is important to us! The Not-For-Profit (NFP) sector is often described as the “third sector”, behind the public and private sectors. This sector accounts for about 10% of the Australian workforce and makes an important contribution to Australia’s GDP. While the numbers are significant, they ignore the contributions of hundreds of thousands […]

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  • NFP board risk management - Accru Melb

    Risk management responsibilities of not for profit board members

    December 6, 2019

    How not for profit organisations should be managing risks.  Not-for-profits (NFP’s) face many of the same challenges as for-profit organisations but they also face an additional layer of risk due to their public exposure which invariably leads to greater risk of scrutiny and reputational harm. Each member of an NFP Board must follow guidelines pertaining […]

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  • Audit service - Accru Melbourne

    A company needs an audit just like a car needs regular servicing

    July 25, 2019

    Does your company need an audit service? We recently conducted a brainstorming session to explore the reasons why companies would need an audit. It was great to see the flow of ideas from the team and within these ideas – we stumbled upon a gem! We all agreed that an audit to a company is […]

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  • Audit

    Proposed changes to ‘Large’ Proprietary Company thresholds

    January 14, 2019

    What constitutes a ‘Large’ Proprietary Company? The Government has proposed an increase to thresholds for determining what constitutes a large proprietary company under the Corporations Act 2001. Large proprietary companies that meet the criteria (unless exempted under certain circumstances) are required to prepare and lodge an audited financial report with the Australian Securities and Investments […]

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  • profess comp - Accru Melb

    Superannuation on Annual Leave Loading

    December 19, 2018

    Superannuation Guarantee (SG) compliance according to the ATO. Superannuation compliance monitoring has always been a high priority for the Australian Taxation Office (ATO). However, in recent times, this has become a strong focus and has been aided with the ATO’s implementation of data analytics software and data collection efforts. One of the areas which has […]

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