Helping NFPs with best-practice reporting
Enhancing Not-for-Profit and Charity Reporting by Chartered Accountants Australia and New Zealand guides not-for-profits and charities in how to prepare top-quality annual, financial, and performance reports.
The guide is in two parts.
Part A – Enhancing performance reporting is designed for charity and NFP organisations in Australia and New Zealand and draws on learnings from sector regulators and leaders in each country given the commonalities in annual and performance reporting.
It aims to help NFPs to identify and define their strategic objectives and then track, monitor, and report on their performance. It’s designed for organisations doing this kind of reporting for the first time, but others can benefit from information most relevant to them.
Part A contains these sections: setting the context for reporting, performance reporting, output and outcome reporting, governance reporting, sustainability and ESG reporting and collective impact, best-practice checklist, optional reporting frameworks, Australian and NZ councils for international development, codes of conduct, enhancing assurance, legislative frameworks, and useful resources.
Part B – Enhancing financial reporting consists of two separately published editions for each country, focusing on financial-reporting frameworks.
Part B (Aust) contains these sections: 20 recommendations to enhance NFP financial reporting, guidance when producing a financial report, frequently asked questions, and an example financial report.
Part B (NZ) contains these sections: on overview of New Zealand NFP and charity reporting requirements, recommendations to enhance NFP and charity financial reporting, guidance when producing a financial report, frequently asked questions, and future development.