Purpose Over Profit? You Still Need to Get the Compliance Right
Working with non-profits is meaningful—but it’s not simple. Between CIPC, SARS, the NPO Directorate, and funder expectations, the rules can feel endless. This session equips you with the accounting and compliance knowledge to confidently support your NPO clients, prepare compliant financial statements, and keep them in good standing—without losing your mind in red tape.
3 CPD units July 4, 2025
What will set you apart
By completing this course you will gain the following competencies
- By attending this webinar you will gain the following competencies
- ✅ How to prepare Annual Financial Statements that meet NPO Act and donor requirements
- ✅ What must be submitted to the NPO Directorate, SARS, and CIPC (and when)
- ✅ Key accounting and disclosure requirements for NPOs under IFRS for SMEs or GRAP
- ✅ How to deal with restricted funds, donations, and designated-purpose income
- ✅ Practical compliance pitfalls that could get an NPO deregistered—and how to avoid them
Event breakdown
- Understanding the NPO Landscape in SA – The legal forms: Voluntary Associations, NPCs and Trusts – Registration under the NPO Act and implications – PBO status under the Income Tax Act: how to get it and keep it
- Annual Financial Statements for NPOs – What format and framework to use: IFRS for SMEs, GRAP or cash basis? – Key disclosures: designated funds, donor income, and in-kind support – Common errors in AFS preparation for NPOs
- Compliance and Reporting Requirements – What the NPO Directorate requires (narrative + financials) – SARS expectations for PBOs and 18A compliance – CIPC reporting if the NPO is a registered NPC
- Donations, Funding and Designated Income – Accounting for donations with restrictions or conditions – Recognising grants and bequests – Fund accountability and reporting for donors
- Risk Areas and Good Governance – What gets an NPO deregistered or flagged by SARS – Internal controls for small NPOs – Building systems your clients can manage after year-end
Category: Financial ReportingType: CPD CourseCPD category: Financial Reporting
Description
NPOs may be exempt from tax, but they’re not exempt from compliance. This session dives into the real-world requirements for accounting, compliance and reporting in the non-profit space. Whether you’re preparing AFS, submitting reports, or advising on tax-exempt status, you’ll get the technical knowledge and practical tools to serve your NPO clients better. We'll break down which frameworks apply, how to handle donor restrictions, and what regulators expect—so you can keep your clients compliant, confident, and funding-ready.
You will earn a certificate
On successful completion you will receive a certificate for 3 CPD units in Financial Reporting.
Requirements
- Laptop, desktop, or mobile device with internet access
- Microsoft Edge, Google Chrome, Safari, or Firefox browser