Long Service Leave Valuation
Long Service Leave (LSL) is a unique entitlement in Australia and New Zealand, rewarding employees for long-term service and loyalty. While the concept is simple, valuing LSL liabilities is complex.
Long Service Leave (LSL) is a unique entitlement in Australia and New Zealand, rewarding employees for long-term service and loyalty. While the concept is simple, valuing LSL liabilities is complex.
Australia’s NFP sector is vast, diverse, and mission-driven—delivering frontline services and long-term community reform.
Earlier this year, PFS Consulting assisted the Association of Children’s Welfare Agencies (ACWA), the NSW non-government peak body representing community organisations working with vulnerable children, young people and their families
In the wake of growing legal, social, and financial scrutiny, institutions with historical responsibilities for the care and welfare of children are required to confront
The Privacy and Other Legislation Amendment Act 2024 (the Amendment Act) was passed on 29 November 2024 and received Royal Assent on 10 December 2024,
Last week, the PFS Consulting team attended AI Con, hosted by the Actuaries Institute. The conference showcased the rapid evolution of AI and the need for industries to adapt to its transformative potential.
Some not-for-profit enterprises (NFPs) provide services for a group of people over an extended period of time. Services can include providing accommodation, covering living expenses, and supporting charitable activities.
Not-for-profit enterprises (NFPs) are often galvanised around delivering on a clear and compelling mission. The biggest obstacle to delivering that mission is often money, leading to non-critical functions being run as leanly as possible.