Calxa Articles

By Author: Mick Devine

Not-for-Profit Boards demand cashflow forecasts

From 1 July 2012 board and committee members of incorporated associations started facing penalties of up to $20,000 for breaches of new legal duties. This affects especially, Boards allowing their organisation to trade while insolvent. This has prompted changes to the...

Fraud Survey Demonstrates Importance of Internal Controls

The latest of BDO’s annual surveys of fraud in not-for-profits has revealed that once again, the most common methods of detecting fraud are strong internal controls and tip-offs. Internal controls have been the most successful method of detecting fraud over the years....

ACNC completes first round of community consultations

Last month the ACNC (Australian Charities and Not-For-Profits Commission) Taskforce completed a series of community consultations.   ACNC Taskforce Community Consultations They travelled around the country to explain their plans and seek feedback from members of...

Scrapping of CDEP to affect Remote Community

Plans to replace the current Community Development Employment Projects (CDEP) has successful remote community organisation Bawinanga Aboriginal Corporation (BAC) worried. The scrapping of the program will affect the 480 CDEP participants and 150 salaried staff in the...

NFP Survey Reveals Calxa’s Strengths

A new survey, released by Digital Business Insights, has highlighted the difficulties NFPs have with financial reporting. While most people agreed that popular programs like MYOB and QuickBooks were good overall, some of those surveyed commented that their needs...