Finances are a key area of focus for non-profit organisations. Even though, as the name implies, their purpose isn’t to garner profit, non-profit organisations still need a stable income and well-managed financial solutions to ensure ongoing functionality and progress in achieving their goals. Non-profit businesses tend to primarily rely on volunteers to handle their finances – a strategy that can lead to mismanagement or issues when it comes to compliance. At GoodtoGive we offer an alternative solution, one that guarantees the meeting of financial compliance whilst helping clients align their financial strategy with both long, and short-term goals. Through our non-profit accounting services, we cater to the financial requirements of a non-profit organisation; read on for some of the main characteristics to look out for in a non-profit accounting firm.

Knowledge & Qualifications

It’s vital that a non-profit accounting firm boasts an eclectic knowledge of the non-profit industry. There are a great many regulations that govern the world of finance and only by possessing the necessary knowledge and qualifications will a non-profit accounting firm be able to offer the sound advice needed to maintain the financial health of the organisation.

By nurturing partnerships with some of the industry’s top accountants and accounting firms, we present clients with a unique service utilising the skills and qualifications of market-leading professionals. When this is paired with our own planning and management expertise at GoodtoGive, clients are presented with a unique solution delivering on the various facets of non-profit accounting.

Adaptability

The financial industry is seldom stationary for long with new legislations introduced and amendments to the pre-existing being commonplace. Coming in tandem with industry knowledge, a non-profit accounting firm needs to stay up-to-date with the latest developments in the world of finance to ensure that any advice provided is fully compliant.

Having curated non-profit accounting services that align seamlessly with the client’s requirements, our non-profit accountant team is incredibly adaptable not only with the latest legislation changes, but also with the changing of an organisation’s goals, size, and general day-to-day needs.

A Client-Centric Approach

A client-centric approach is essential for non-profit accounting. It allows organisations to maximize their resources and use them effectively in order to make a positive impact on the community. By being client-centric, non-profit accounting firms take into account client feedback when making decisions regarding organisational finances, allowing non-profits to better identify areas where they can improve or reduce costs as needed.

Contact Good to Give for Gift Aid Support

Through Good to Give, many charitable organisations have gained the tools required to streamline their finances and make the most of donations. To find out more about our charity accounting services and gift aid management software, get in touch with a member of our team on 020 7731 2041.