The regulatory, compliance and reporting frameworks in the NFP sector are unique to those in commercial settings. ACNC has specific reporting requirements depending on the size of the organisation:
NFP organisations with annual revenue of more than $250,000 but less than $1 million need to submit reviewed or audited financial reports.
NFP organisations with over $1 million must submit audited financial reports.
Our team of qualified auditors have a comprehensive understanding of the reporting requirements applicable to your organisation and the requirements imposed under the various legislative instruments which may apply including the Corporations Act 2001, Australian Charities and Not-For-Profit Commission Act 2012 and Associations Incorporation Reform Act 2012 ensuring that you meet your reporting obligation