Not-for-profit

Charities and not-for-profits play a vital and significant role in our economy and our society. Yet they are often under-recognised, misunderstood and many grapple with the multiple compliance requirements of regulators, funders and their myriad stakeholder groups.

We help and support not-for-profit organisations to meet the many compliance obligations – whether financial, regulatory, taxation, funder - but to go beyond that and to achieve best in class in governance, financial reporting, internal financial control and more and, in doing so to protect and preserve their reputation.    

Our approach

We have an in-depth understanding of the not-for-profit sector and we empathise with those looking to making a difference whether on a global scale or in local communities.  We recognise that reputation is key in the not-for-profit sector.  We also understand that every organisation is unique and so we tailor our solutions to ensure they are the right fit for your needs.

At Mazars, we have a dedicated not-for-profit team comprising experienced professionals who understand the unique challenges you face. We are experts in Charities SORP, the CRA Governance Code, CRA Guidelines on internal financial control and fundraising, tax as it pertains to those with CHY status, public funding requirements, AHB regulation.

The not-for-profit sector is defined by its breadth and diversity, which means every organisation has specific requirements and one size does not fit all. We work with a broad spectrum of not-for-profit groups, including charities, educational institutions, housing associations, religious organisations, health care providers, sporting bodies and private foundations. You may be a small, volunteer led community not-for-profit or a large, complex organisation operating across multiple jurisdictions. Regardless of size, nature or complexity, we can provide you with solutions that are the right fit for your circumstances, rather than provide you with a one-size-fits-all approach, while at all times being cognisant of protecting and enhancing your reputation.

Our services

Our services for the not-for-profit sector include:

• Statutory audit
• Grant/Funder audit
• Internal audit
• Technical accounting
• Financial reporting (including SORP transition)
• Outsourced accounting and payroll
• Governance
• Risk and internal control
• Tax registration, planning, compliance and advisory
• Technology assurance (data protection, cyber security)
• People consulting
• Financial advisory