• Resources and Templates

Not-for-Profit tools and resources

At BDO we aim to support the sector that does so much to support New Zealand communities. One of the key way we can do this is by sharing our information and resources with sector participants across New Zealand.

Here we have gathered a wealth of knowledge in tools, publications and brochures that address many of the challenges faced by New Zealand Not-for-Profit entities.

Newsletters


Templates

Accounting Standards (SOAPs)

These Summaries on a Page (SOAPs) are designed to help you gain a high-level overview of New Zealand Generally Accepted Accounting Practice Standards.

Model Financial Statements

These illustrative financial statements are intended as a source of general technical reference, showing suggested disclosures together with their sources. They are not intended to address the particular circumstances of any particular individual or entity.

Not-for Profit Fraud Survey

The BDO Not-for-Profit Fraud Survey provides a benchmark for Not-For-Profit organisations by revealing the perception and level of fraud in the sector, examining specific incidences of fraud and what the sector is doing to best prevent and manage it.

Trustee Due Diligence Checklist

The Trustee Due Diligence Checklist provides a list of questions a person may consider before accepting a Board position.

Trustee Skills Matrix Template

This table of competencies is designed to identify the current knowledge base of a Board of Directors and to note any gaps.

Leadership and Governance - Not for Profits

This paper looks at leadership and governance in the Not-for-Profit sector.

 

Surveys

1. Financial Reporting Preparedness Survey

For many charities 2016 was the first year that they had to produce full financial statements under the new public benefit entity (PBE) standards. BDO has recently surveyed 709 New Zealand charities to gauge the impact of the new standards on the sector.

BDO’s survey revealed some interesting trends, including the following:

The sector felt prepared

About a third of all respondents felt prepared for the change. The remaining two thirds had some level of planning and made an attempt at getting to grips with the changes.

It took longer, but didn’t always cost more

Of the charities surveyed it was found that just over half of the participants found it took an additional 1-5 hours to complete the new reports. Another 27% spent 5 or more hours on the final reports. Despite this, over half of all respondents stated that preparing the reports did not cost any additional money.

Download Report

 

2. The BDO Not-for-Profit Fraud Survey​

The BDO Not-for-Profit Fraud Survey provides a benchmark for Not-For-Profit organisations by revealing the perception and level of fraud in the sector, examining specific incidences of fraud and what the sector is doing to best prevent and manage it.

The 2016 Survey is the sixth biennial BDO survey of its kind, building on the findings from those surveys conducted between 2004 and 2016.

The recent survey revealed two significant concerns:

  • The first was a gap in the perception of fraud amongst Not-for-Profit organisations. Most respondents identified fraud as a significant problem for the sector overall. However, few believed it was a significant problem for their own organisation.
  • The second major concern was that the overall awareness of fraud as an issue seems to have reduced since the previous survey in 2014.

BDO is committed to ensuring Not-for-Profits understand their susceptibility to fraud and educating them in the wide range of methods they can use to protect themselves into the future.

Download BDO Not-For-Profit Fraud Survey 2016 here.

New Zealand respondents view of the role of Government in managing the impact of fraud

This year we also included some questions specifically for New Zealand respondents on NZ Government agencies, including Charities Services and their perceived role in helping Not-for-Profits manage the potential impact of fraud.

Download the responses to these questions, along with an overview of survey participants here.


For more information about any of these resources, please contact your local BDO Not-for-Profit specialist.