HAVE YOU INHERITED A MESS?
Taking on a new committee role can sometimes leave you sickened with the state of the books. Some organisations we assist need a financial turnaround for the sustainability of the services they deliver, and for the sanity of committee members.
Don’t risk financial and legal liabilities for a failed Not For Profit. Contact us before it’s too late.
Financial Health Checks
Have you had a Financial Health Check recently?
As an employer, you know how important it is to have fit and healthy staff but what about your organisation’s financial health?
CMSolutions can ensure that your organisation is financially fit by conducting a financial health check. At a one on one appointment, we spend time asking you a range of questions about your organisation’s finances to gain a good understanding of where you are at financially and determine if you are on the right track.
We will look at a range of things, including:
- The profitability of your tuckshop, uniform shop, outside school hours care, etc.
- Appropriateness of GST treatments.
- Reconciliation of Super, PAYG and GST liabilities.
- Review of payroll processes.
- Review of entitlement calculations for all staff.
- Review of monthly accounting processes.
- Review of financial reports – bank reconciliations, balance sheet and profit and loss.
- Review of the chart of accounts.
Call us today on 1300 007 110 to find out more about how we can help manage your finances effectively!
Financial Turnaround Consulting
Once the financial health check has been completed we’ll be in a position to advise a recovery plan for a viable and workable NFP organisation.
Our staff include accountants and bookkeepers with 40+ years experience in NFP’s and will have some answers to assist in your situation.