How we do it The company’s values are summarised in the phrase “Expertise, with integrity, for Christ”. More practically, we subscribe to Robert Lupton’s Oath for Compassionate Service¹:
Our mission The mission of Business by The Book is to help not-for-profit organisations, principally those in Australia, who are helping people in need of care or justice, by providing them with pro bono and discounted governance, company secretarial and (select) management consulting expertise. This is done in a manner that is consistent with the principles of the Bible, and all the time with the hope that we can share our faith in Jesus Christ.
Charity CEOs and board/committee members, let me give it to you straight: there are too many of you out there accepting something you shouldn’t accept. Have you got a copy of your last audit report handy? Have a look near the end. Is there a paragraph headed ‘Basis for Qualified Opinion’? And does the second […]
In my review of ‘Medium’ sized[i] ACT charities in the weekend, via the ACNC charity register, I found that in five cases (approximately 10%) the ‘annual financial statements’ contained a ‘compilation report’. Why such an inclusion? A compilation report is a report ‘prepared in accordance with’ APES 315 Compilation of Financial Information, a standard applying to […]
Your representations. Representations to the user. That’s how the auditor, in planning their audit of the draft financial statements you’ve just delivered to them, will see them. One overall explicit representation, and, as a consequence of that representation, many, explicit and implicit, subsidiary representations. Auditors call these subsidiary representations ‘assertions’. (If you are a user […]
The email had the subject line ‘Confidential Correspondence’. The body said ‘Please find attached a confidential letter addressing the issues you have raised.’ And the letter, before the greeting, said PRIVATE AND CONFIDENTIAL. I had no doubt that he was telling me that the contents were…confidential. But what does that mean? When emailing I will […]
Business by The Book is the business name of the Australian Proprietary Company, Limited by Shares called Business by The Book Pty Ltd (ACN 167 960 803). The company was registered, by Ted Sherwood, on 10 February 2014. This information can be confirmed by searching under ‘Companies & organisations’ on the regulator’s website www.asic.gov.au.
The company is a ‘Not-for-profit Company’, a type of ‘special purpose company’ (www.asic.gov.au), and its only shareholder is Ted Sherwood, who is also the sole director.