Not-for-Profit Organizations in the Limelight

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The diverse group of not-for-profit organizations today operate within a framework which increasingly receives attention and recognition, but which at the same time is confronted with more and more challenges. Financial transparency, the implementation of the legislation applicable to vzw/asbl, the management of cost structures and the permanent control on these structures, ... not-for-profit organizations can no longer shy away from themes such as these.

The fact that the activities of a not-for-profit organization today is also closely monitored by all its stakeholders, forms an additional argument to implement carefully selected policies.

Hospitals, non-governmental organizations, schools and universities, federations and associations, .. all have their own culture and specificities. EY professionals understand that the identity of not-for-profit organizations is not only determined by their legal status, but that especially the social and human missions and the common interest form the main pillars of their raison d'être.

Our specialists think ahead and keep themselves continuously informed of the new not-for-profit challenges which are created by changes in legislation and in the operating environment. Support by EY provides not-for-profit organizations with the possibility of being able to concentrate on achieving their mission and goals.

EY offers solutions which are created in close cooperation with clients and their staff in areas such as financial control, the introduction of activity based costing and balanced score card, the control of internal processes, the representation of members' interests, the development of a new strategic vision for the organization and the compliance with fiscal obligations.