Not-for-profit balance sheet
Created: August 9, 2021 at 4:40 PM | Updated: August 12, 2021 | By NZ Navigator Trust
Produced by ourcommunity.com.au, this plain english document looks at governance and management tools that are associated with the not-for-profit balance sheet.
It covers the key steps that volunteer board members can take to manage the money; how to build sustainability; and the sort of questions those in governance roles should be asking so that they can take informed decisions.
Note: this resource is written from an Australian point of view. While many of the concepts are universal, be aware that some of the reporting and legal requirements are different for New Zealand organisations, particularly charities.
Refer to https://www.charities.govt.nz/reporting-standards/ for New Zealand-specific information.
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