Control over Business Operations
Changing rules greatly affect business operations in housing associations. How do you remain in control in the ever changing housing association world? The Housing Association Sector Group specialists can provide the support you need
Financial management for housing associations
A sound financial management structure within your housing association optimises the relationship between strategy and financial control. Organisations vary greatly, which is why we approach situations from a number of perspectives. Our Financial Management advisers are happy to help you in respect of:
- assessment of financial implications;
- improved financial returns;
- management information;
- optimisation of financial function.
Measuring social return
There is more and more pressure on investment opportunities in the housing association sector. and at the same time measuring social return has become increasingly important to substantiate investment decisions. By measuring the Social Return on Investment (SROI) the added social value of the investment is expressed in Euros, and this creates the possibility to outline and monitor the interests of various stakeholders .
Process optimisation for housing associations
As opportunities to increase income are declining, more emphasis is needed on finding opportunities to save costs. BDO does this by analysing processes, by establishing what processes add value, and by eliminating wastage. which process optimisation makes an important contribution to:
- structural reduction of costs;
- increased quality of service;
- reduction of required working capital.
Housing Association Cockpit
The Housing Association Cockpit is the solution for managers and employees who are seeking control by using current and clear performance indicators. The Cockpit consists of several automated dashboards showing indicators from the perspective of the Management Board and Supervisory Board, but also at the level of department managers. Insight into all required performance fields at a glance.
Housing Association Control Monitor
Although risk management has been on the sector's agenda for some time, finding practical interpretations is not always easy. which is why BDO Consultants have come up with a solution to get in control: the BDO Housing Association Control Monitor. A ready-made tool consisting of a database that contains risks, control measures and viewpoints, so no need for you to reinvent the wheel. The model makes it easy for you to get a picture of the risks and relevant control measures in various key areas. creating simple and pragmatic risk management that supports business operations.
Treasury and financing
Financial control on the basis of (in)direct returns, risks, development of capital and cash flows is becoming more relevant to housing associations. This is partly caused by the fact that external regulators no longer just use solvency as a basis for their assessments, the liquidity of organisations is also crucial. This is why it is important to monitor and control the development of an organisation's financial position, in both the short and the long term. BDO has developed a useful financial dashboard which compares your policies with your cash flows. BDO can also help you with your vision on Treasury and the control and optimisation of cash flows and everything related to this.
Over recent years tax issues have become more extensive and more complicated. Taxation often involves risks that are not always identified. Our tax experts are happy to help you with issues in respect of the following areas:
- corporation tax;
- turnover and transfer tax;
- income tax and social insurance contributions;
- the Dutch Valuation of Immovable Property Act (WOZ);
- energy tax;
- the energy-saving investment credit (EIA), environmental investment credit (MIA) and random depreciation of environmental investments scheme (VAMIL);
- tax planning.
Personnel and law
The many developments inside and outside your housing association require a proactive attitude in the field of personnel and law. Our advisers can help you with issues in the field of strategic personnel management and can support you in the maze of rules in fields such as income tax and social insurance contributions and merger processes.
Risk Management has been a current topic in the sector for some time. Practical solutions for the various issues, however, remain quite a challenge. Our experts can help you gain insight into your strategic and operational business risks, draw up appropriate control measures and manage these efficiently. Our advisers are also happy to help you control risks in areas including:
- tax planning;
- merger processes (due diligence);
If you would like to know how BDO can help your housing association? Please contact one of our Housing Association Sector Group specialists on telephone number +31 88 236 48 00.