There are certain things in this world that really should be readily available no matter where you live. School education for children for example is one such item. In some countries however it is a sad fact of life that children often have to walk many kilometres to their nearest school. This can understandably result [...]

Police forces are classic Not-for-Profit Organisations and whilst they don’t have similar revenue streams to those which are found within commercial for-profit organisations they do have to balance the books between their funding (revenue) and their costs. The Police force in the Australian state of Victoria came up with a novel approach to serving an [...]

We all know that the pharmaceuticals industry is big business. The industry is facing considerable challenges however, with a large proportion of the “blockbuster” drugs due to come off patent in the next few years. Drug companies are all too aware that they might well need a big breakthrough soon in order to sustain their [...]

It’s tough to qualify as an accountant. The exams are difficult and it’s hard work. The rewards, both financial and non financial however, can justify all of this hard work. If you work for a firm of accountants then the fee income of the company is largely based on the hourly charge out rates of [...]

I had to recently go into hospital for a minor operation on my knee. The nurses and doctors were fantastic there and thankfully everything is now fine with my knee. The hospital I was in was a classic not-for-profit (NFP) organization and during my time there it really made me appreciate the challenges that NFPs [...]