In the Not for Profit, philanthropic and mutual sectors, the Board’s fiduciary responsibilities are paramount. The ability to manage the organisation’s accounts and finances assists Directors to serve their community appropriately and protects the Directors themselves.

Pitcher Partners have a wealth of experience in assisting Not for Profit clients to understand and implement sound accounting, audit and investment practices.
We provide a wide range of services to a rapidly growing number of clients in the not for profit sector, including:

Accounting Advice

In today’s increasingly complex financial environment, producing sets of accounts that meet compliance requirements can be a confusing
and onerous task. Pitcher Partners can assist with the preparation of compliant financial reports, or elements thereof, such as guidance on
accounting policies or the application of accounting standards.

Our large team of business advisors provide accounting and advisory services to a wide range of Not For Profits and are friendly, supportive and caring in their approach – we understand the particular issues faced by Not For Profits and work with the

Audit Reporting

With experience across a broad range of Not For Profit organisations, Pitcher Partners has a strong reputation in the sector for our independent audit reporting. We offer the complete range of audit services and work with our Not For Profit clients to demystify financial reporting.

Our four step audit model links an objective view of the risks, processes and controls to the organisation’s business goals. We work closely with
internal staff and the Board to share knowledge and mitigate risk.

Internal Audit and Risk Management

Pitcher Partners Risk Services experts work almost exclusively in the Not For Profit sector and use an “Industry Best Practice” approach. In particular, we provide outsourced and co-sourced internal audit services where we work with the organisation’s team providing technical and managerial resources, or on an ad hoc basis conducting specific reviews on behalf of the client.

In the Not for Profit, philanthropic and mutual sectors, the Board’s fiduciary responsibilities are paramount. The ability to manage the  organisation’s accounts and finances assists Directors to serve their community appropriately and protects the Directors themselves.

We also assist Not For Profit organisations with the adoption of a formal risk management framework in accordance with Australian standards. We help with the evaluation, documentation and implementation of an appropriate framework to quantify and address business risks.

Tax Consulting and Compliance

Pitcher Partners have one of the largest and most experienced tax consulting divisions in Melbourne, with a number of specialists particularly knowledgeable in tax issues affecting the sector. We assist a number of clients in establishing and operating Not For Profits for:

• income tax exemption status;
• deductible gift recipient status; and
• mutual income.

We also:
• provide advice to Not For Profits in relation to reviews of Deductible Gift Recipient (DGR) status and income tax exemption status;
• in dealing with Revenue Authorities in relation to disputes; and
• employment tax related issues including FBT and payroll tax advice

IT Consulting

Pitcher Partners’ IT consulting division work with the Not For Profit sector in Strategic Vendor sourcing. This is more than comparing one vendor with another – it is about finding the right solution for the organisation’s future. We have a reputation for our strong project and vendor management capability – an area that is frequently managed poorly when relying on internal resources alone. We are also specialists in software
development and have a wealth of experience in designing and building custom web-based applications for Not For Profits of all sizes and levels of complexity.

Strategy and Organisation

The Strategy and Organisation team at Pitcher Partners are focused on assisting leadership teams to enable strategic decisions and drive organisational performance. We have worked with a wide variety of Community Service Organisations in developing their strategic and competitive strategies, ensuring their organisations are structured to deliver effective and efficient services to their stakeholders and to maximise the benefit of their limited financial resources. We have developed strategic plans, redesigned organisational structures, developed budgeting  nd financial management processes and tools and assessed and facilitated the merger and alliance of like minded organisations.

Investment Advice

There has never been a more crucial time for the Not For Profit sector to ensure that the financial resources entrusted to them are managed carefully, professionally and without conflict of interest. At Pitcher Partners Investment Services we understand the responsibility of care, prudence and diligence that is central to the fiduciary role as well as the importance of cash flows and cost management. In addition, we are truly    ependent investment advisors not tied to any product or financial institution, dealer group or fund manager.

Asset Protection

Now more than ever, directors mustbe conscious of their obligations as members of boards. Directors can be personally financially liable should there be a financial catastrophe in theorganisation they serve. Pitcher Partners can assist directors to help protect their personal wealth in an effective and prudent manner.