Light bulb moment #5: Presentation of Annual Financial Statements
When you prepare your annual financial statements, do you: A) Go for the “bare minimum” option; or B) Look for a presentation that will give your stakeholders and your potential funders a clear and easily understood picture of your financial health? In answering A, we are sure that you are looking to minimise costs whilst […]
Light bulb moment #1: The need for an Accounting Officer
Light bulb moment #1: What is the role of an Accounting Officer and should every NPO have one? Under the provisions of the Non-profit Organisations Act of 1997 (“NPO Act”), NPO’s that are registered with the Department of Social Development’s NPO Directorate are required to draw up annual financial statements which must include the written […]
