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Bookkeeping For Dummies, 2nd Australian & New Zealand Edition by Lynley Averis, Veechi Curtis

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Chapter 19

Ten Tips for Not-for-Profit Organisations

In This Chapter

arrow.png Being a budget dragon and keeping the organisation on track

arrow.png Blinding the board of directors with your brilliance

arrow.png Delivering grant acquittals that ensure you get another round

arrow.png Surviving an audit in flying style

arrow.png Doing the right thing with other people’s money

Not-for-profit organisations provide some of the most complex bookkeeping environments ever. Even if an organisation is relatively modest in size, the bookkeeper often has to cope with convoluted cost centre reporting, intricate budgets, rigorous monthly reporting, meticulous audits and much more.

The difficulty is compounded by the fact that not-for-profit organisations are usually run on the smell of an oily rag. As a bookkeeper, you’re often paid a relatively low wage, and given surprisingly few hours to do an overwhelming amount of work. And, even if you lack the skills to understand all aspects of your job, there’s usually nobody else in the organisation ...

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