Not-for-Profit Accountant Sydney: Support for Charities and Community Organisations
Quantum House is a not-for-profit accountant in Sydney for charities, associations and community organisations. We also understand the particular challenges the sector faces. Our experienced accountants handle financial management and compliance, so you can focus on your mission and the people you serve.
ACNC compliance and reporting
First, meeting ACNC requirements is essential to keeping your charitable status. Every registered charity must lodge an Annual Information Statement each year. Depending on its size, a charity may also need to lodge financial reports that an auditor has reviewed or audited. As your not-for-profit accountant in Sydney, we prepare and lodge these statements, provide audit assistance and advise on governance standards.
Non-charitable not-for-profits have obligations too. For example, many must now lodge an annual self-review return with the ATO to confirm they remain entitled to an income tax exemption.
How our not-for-profit accountants in Sydney help
- Budgeting and cash flow forecasting that support strategic planning.
- Financial reports that keep boards, members and donors informed.
- Advice on tax concessions, GST compliance and BAS lodgment.
- Tracking grant funds, meeting grant conditions and reporting to funding bodies.
- Audit and assurance, internal control reviews and risk assessments.
Grant and funding management
However, grants often come with strict conditions on how money is spent and reported. If you do not meet those conditions, you can lose the funding. We therefore set up your accounts to track each grant separately, and we prepare the acquittal reports that funders require.
Why charities choose Quantum House
Above all, our team has extensive experience with charities and not-for-profits. We tailor our services to each organisation’s size and mission. In addition, we keep up to date with regulatory changes, so you do not have to worry about compliance.
Frequently asked questions
What does a not-for-profit accountant in Sydney do?
A not-for-profit accountant manages the reporting, tax concessions and grant obligations that apply to the sector. As a result, your board receives clear information and your organisation stays compliant.
Does our charity need an audit?
Generally, it depends on your size and your funders. Larger charities generally need an audit, medium charities can usually choose a review, and grant agreements may add their own requirements.
To speak with a not-for-profit accountant in Sydney, contact our team or download our brochure.