Overview   

Non-Profit Organisations (NPOs) and Public Benefit Organisations (PBOs) operate within a complex regulatory, financial reporting and taxation environment. To remain credible, these organisations must ensure statutory compliance, demonstrate transparency and meet the expectations of donors and other stakeholders. 

This session will explore the practical application of financial reporting frameworks, key disclosure requirements and compliance obligations specific to NPOs and PBOs. The discussion will equip practitioners with the insight and tools needed to navigate these challenges effectively. 

Join Caryn Maitland CA(SA) and Carmen Westermeyer CA(SA) on the 30th of September 2025 from 10h00 to 12h00 as they provide practical guidance on NPOs and PBOs, equipping you to add value through compliance, accountability and advisory support.   

Learning objectives and competencies developed 

Through an in-depth analysis of the latest regulatory developments, real-world case studies and practical examples, this webinar will equip you with the following competencies:   

• Gain a clear understanding of the financial reporting frameworks applicable to NPOs and PBOs, including IFRS for SMEs and GRAP. 

• Learn how to prepare and present financial statements that reflect donor restrictions, designated funds and compliance with the Companies Act and Trust Property Control Act. 

• Understand the tax treatment of PBOs under the Income Tax Act, including Section 30 approval, exempt income and partial taxation rules. 

• Develop insight into common pitfalls, audit considerations and assurance challenges specific to the NPO/PBO sector. 

• Acquire practical tools for advising clients and boards on governance, compliance and ethical responsibilities in the non-profit environment. 

  Content to be discussed 

The following topics are under discussion for this month:  

• Legal and Regulatory Framework  

  • The Nonprofit Organisations Act 71 of 1997  

  • Companies Act 71 of 2008: Non-profit companies 

  • Trust Property Control Act 

  • SARS requirements for Public Benefit Organisations: Section 30 approval 

• Financial Reporting Frameworks  

  • IFRS for SMEs: applicability and adaptations 

  • GRAP standards: when applicable 

  • Accounting for restricted vs unrestricted funds 

  • Treatment of donations, grants, and sponsorships 

  • Recognition and disclosure of in-kind donations and volunteer services 

• Taxation of PBOs and NPOs  

  • Income Tax Act: Section 10 exemptions 

  • VAT implications for NPOs and PBOs 

  • Partial taxation and trading activities rules 

  • Reporting to SARS: compliance obligations 

• Governance and Accountability  

  • Fiduciary duties of trustees, directors, and committee members 

  • Beneficiary rights and reporting obligations 

  • Ethical considerations and conflicts of interest 

  • Assurance and audit challenges for NPOs and PBOs 

• Practical Application  

  • Preparing financial statements with donor-imposed restrictions 

  • Examples of disclosure notes 

  • Case studies of common errors and how to avoid them 

Obtaining your CPD certificate

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAIBA, SAICA and SAIPA.

All attendees are issued with a CPD certificate available in an online profile.  

Meet your presenters

Caryn Maitland CA(SA)

Caryn Maitland is a Chartered Accountant (SA). She has been a member of IRBA as a registered auditor and accountant since 2002 and is also a registered member of SAICA.

Caryn has lectured Auditing and Accounting at various institutions and has conducted independent workshops and seminars for professional accountants since 2006 on various topics. She has presented on the national tour for the annual Legislation Update with ProBeta Training (Pty) Ltd in 2014 and 2015, as well as on the FASSET national tour for the Tax Administration Act in 2014.  Caryn is also involved with the annual SAICA SMP Technical tour.

Carmen Westermeyer CA(SA)

Carmen Westermeyer graduated in 2001 from the University of Natal, Durban (now UKZN), with a BCom Honours degree in Accounting and completed her articles with PwC in 2004. She has been a member of SAICA since then. In 2008, she was appointed lecturer at UKZN and coordinated the Taxation 300 course until December 2010. She then took over the role of Academic Leader for the Taxation Department, as well as the coordination of the Postgraduate Taxation Programme.

In December 2012 Carmen started running ad hoc training courses for members of the profession. From December 2013, she moved into commercial training and consulting on a full-time basis. She has been involved in various training activities, such as the SAICA SMP training in 2014 and the FASSET Budget and Tax Update in 2015 and 2016.

Who should attend?

The following persons will benefit from attending this webinar:

• Professional accountants such as CA(SA), BAP(SA), AGA(SA), Professional Accountant (SA), FCCA, BA(SA) and ACCA.
• Registered auditors.
• Registered tax practitioners.

Price 

• Individual Booking: R380.00  

• Company Booking: 

  • Group Price 1 - From R198 per person (up to 5 users)  

  • Group Price 2 - From R153 per person (up to 10 users)  

  • Group Price 3 - From R132 per person (over 11 users) 

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. Click here to create a free profile (There is no charge to create a profile and gain access to our free content). 

To find out about the Resource Centre, Accounting Library and CPD Subscription Plans, click here .   

Corporate training solutions 

At the Accounting Academy, we recognize the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience. 

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritize hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios. 

Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational goals. 

  Contact us 

Have any questions or need any assistance? Contact us today! 

• Online chat through our website. 

• WhatsApp: Start chatting (+27635026114) 

• Phone: 010 593 0466 

• E-mail: [email protected]