Making a Difference Starts with Strong Financial Foundations
Non-Governmental Organizations (NGOs) are the backbone of South Africa’s efforts to create lasting social impact. From fighting poverty to driving education initiatives, NGOs play a critical role in building a better tomorrow. But behind every impactful project lies the need for sound financial management and accountability. That’s where we come in. At Jerahuni Accounting & Advisory Consultancy, we specialize in empowering NGOs with expert financial services that allow them to focus on their mission while we handle the numbers.
Navigating Financial Challenges in the Nonprofit World
Operating as an NGO in South Africa comes with unique financial hurdles. Here are some of the challenges we understand and solve:
- Managing Donor Funds Effectively
Restricted funding is common, with specific conditions attached to how grants and donations are used. Keeping everything compliant and transparent can be overwhelming without the right systems in place. - Tax Compliance & PBO Status
Maintaining your Public Benefit Organization (PBO) status and meeting SARS requirements is crucial. Any misstep can jeopardize your organization’s funding and reputation. - Transparent Financial Reporting
Trust is the cornerstone of every successful NGO. Accurate and detailed financial reporting not only builds donor confidence but also strengthens relationships with stakeholders. - Budgeting for Impact
Cash flow issues and poor budget planning can lead to disruptions in operations. NGOs must balance their ambitions with financial realities to achieve sustainability. - Governance & Internal Controls
Strong governance and internal controls are non-negotiable for avoiding financial mismanagement and ensuring ethical practices.
Our Solutions: Tailored Financial Services for NGOs
At Jerahuni Accounting & Advisory Consultancy, we understand that every NGO has unique needs. Our services are designed to address these needs with precision and care, enabling your organization to thrive.
1. Accounting That You Can Trust
- Preparation of annual financial statements in line with International Financial Reporting Standards (IFRS) for SMEs.
- Ongoing bookkeeping to ensure your financial records are always accurate and audit-ready.
2. Tax Compliance Made Simple
- Assistance with registering and maintaining your PBO status.
- Ensuring compliance with Section 18A regulations, so your donors can enjoy tax-deductible benefits.
- Filing tax returns and managing VAT where applicable.
3. Clear & Credible Donor Reporting
- Transparent reports that demonstrate how donor funds are allocated and utilized.
- Effective tracking of restricted and unrestricted funds to meet donor expectations.
4. Budgeting for Impactful Change
- Realistic budgeting tailored to your goals and resources.
- Cash flow forecasting to bridge funding gaps and maintain operational stability.
5. Strengthening Governance & Controls
- Implementing robust internal controls to protect your assets and mitigate risks.
- Training your leadership teams on governance best practices to support ethical decision-making.
Why NGOs Choose Jerahuni Accounting & Advisory Consultancy
1. Expertise You Can Rely On
Our team has years of experience working with NGOs, which means we understand the nuances of nonprofit financial management.
2. Tailored Solutions for Maximum Impact
We don’t believe in one-size-fits-all. Our solutions are customized to fit your organization’s size, mission, and funding sources.
3. Commitment to Excellence
We pride ourselves on delivering accurate, timely, and reliable financial services that help NGOs build trust and credibility.
4. Focus on Your Mission
With us handling your financial complexities, you’ll have more time and resources to focus on the causes that matter most.
Helping NGOs Build a Brighter Future
At Jerahuni Accounting & Advisory Consultancy, we’re not just accountants – we’re partners in your mission to create meaningful change. Our financial solutions provide the foundation your NGO needs to grow, adapt, and succeed in South Africa’s challenging nonprofit environment.
Let’s Work Together!
Are you ready to take your NGO’s financial management to the next level? Contact us today to schedule a consultation or learn more about how we can support your organization. Email: info@jaac.co.za
Phone: +2768 589 7848