Focus on your mission while we manage your operations
Tight Budgets
Running on tight budgets, many not-for-profits often seek goodwill support from volunteers to perform administrative tasks, which include accounting and compliance needs.
Talent Acquisition and Retention
Not-for-profits could consider using contract staff as short-term solution when needing specialised skills to deal with unexpected challenges. Working with a partner that understands staffing needs and requirements could certainly be helpful.
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Risk of Error
Some not-for-profits may be using manual systems, relying on spreadsheets to track and record transactions. In such situations, the risk of errors can be high.
Corporate Governance
Weak governance frameworks and internal processes may result in ineffective performance and non-compliance.
Lack of expertise
Volunteer book-keepers may not be equipped with the necessary skillsets and operational continuity to fulfil this role sufficiently.
RSM Stone Forest
Our not-for-profit team has been serving the sector for more than a decade. As a leader in serving this sector, we understand the importance of accountability, transparency, and proper governance.