Ziyo News: NPO Register Clean-Up Ahead!
Are you aware of the implications? The Department of Social Development has announced its plan for NPO de-registrations. Nicole Copley from ngoLAW dives into everything you need to know and what steps to take.If you need any assistance with Accounting Officer reports or preparing annual financial statements, in order to become compliant, please contact us […]
Is spending money cheaper than getting something for free?
The lure of a freebie can be breathtakingly attractive when an organisation is struggling to find the necessary finance for its work. But is acceptance of donations of goods or services always the best way to go? This is the issue that today’s newsletter will address, based on some of the situations we have seen […]
Light bulb moment #2: Risks related to electronic banking
Light bulb moment #2: Risks related to electronic banking This month we want to shine some light on the risks related to electronic banking. While not a new topic for us, we feel compelled to return to it as we are still reading reports and hearing news stories of non-profits that have lost hundreds of […]
Can we trust the bank?
Can we trust the bank? Imagine the shock of finding that two additional and unknown names have been added to the signatories on the organisation’s bank account! Recently, one of our clients discovered, through the annual audit checks, that this had occurred. They had not requested any change to their bank mandate during the year […]
Financial risk #2 labour relations act and fixed-term contracts
Labour relations act and fixed-term contracts With all the uncertainties around funding, many non-profit organisations use fixed-term employment contracts to manage the risk of entering into long-term salary commitments that may not be matched by funding. It is therefore important to note that one of the most important changes to the Labour Relations Act (the Act), which came […]
