Not-For-Profit

The ‘Not-For-Profit’ (NFP) sector is characterised by the objective of creating ‘social’ rather than ‘material’ wealth. The sector is often referred to as the ‘Third sector’ or the ‘Community sector’ or still the ‘Non-profit Sector’ and it has grown in importance over the years with the inevitable need for social integration in economic development. The crucial role played by NFPs is recognised on worldwide by governments, civil society and the business community.

Non-profit organisation are driven by a strong mission to fulfil their purpose and generally don’t want their focus to become clouded by compliance, governance and operational and financial decision. HLB’s Not-For-Profit team of experts help a wide range of non-profit organisations fulfil their purpose by supporting NFP leaders and boards with their compliance needs, governance issues and strategic decisions. Creating value for clients in the Not-For-Profit sector is especially close to our hearts, because at HLB we look after the local communities we live and work in.

Helping NFPs reach their full potential

At HLB we understand the dynamics and the challenges of the NFP sector. Our Experts have experience in the business verticals in which NFPs operate, ranging from agriculture, education, poverty alleviation programmes and general charity organisations. We are conscious of the various issues which NFPs must face compared to profit-oriented businesses. We are good listeners. We make sure we fully understanding your challenges and needs and the framework in which an NFP operates before we design tailor-made solutions to help meet organisational objectives. We do not believe in ‘one size fits all’ and our advice is always based on each particular client case.

Our expertise

Accounts maintenance and reporting
Audit services
Business planning and consulting
Capacity assessment
Feasibility studies
Implementation of governance fundamentals
Internal audit and risk management
Management of information systems
Payroll outsourcing
Project monitoring
Re-engineering

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Webinar

Reimagining Not-For-Profits: time to rebuild

Join our industry experts as they explore why not-for-profit organisations should reconsider how their needs have changed and use this as an opportunity to rebuild.

Article

Preparing for an economic downturn: How Not-For-Profit organisations can mitigate the uncertainty

Not-For-Profits are facing challenging times ahead due to COVID-19 and its impact on the global economy. We explore the options available to aid recovery for the sector.

Article

Why Cybersecurity should be on your Not-For-Profit's radar

As a result of the coronavirus pandemic, cybersecurity concerns of Not-For-Profit organisations have intensified as they’ve pivoted to remote work environments and taken steps to secure their networks.

Insight

Can MSME business owners turn COVID-19 into a life-changing opportunity?

In this report, we discuss the support function and process of development agencies in helping MSMEs turn COVID-19 into a life-changing opportunity.

Advisory

To help businesses grow across borders and create sustainable competitive advantage, HLB offers a wide range of advisory services including Transaction Advisory Services, Technology Services and Management Consulting.

Tax

HLB’s global Tax team supports businesses with international operations to align tax duties with corporate strategy. We offer a full range of services including transfer pricing, VAT, tax planning and compliance and expatriate tax services.

Audit & assurance

The experience of HLB Audit & assurance teams, covering many industries and sectors, enables us to focus on key areas of risk, adequacy of internal controls and potential areas of fraud. We approach your audit with a deep understanding of the latest quality and regulatory standards.