Charities transitional reporting arrangement extended

The ACNC has been working with the federal government to amend its regulations to extend transitional-reporting provisions, allowing the commission to accept certain reports lodged with other government agencies.

In 2014 and 2015, the ACNC decided to accept the following reports as meeting ACNC’s requirements:

  • Financial reports lodged by incorporated associations, co-operatives and fundraisers with state and territory regulators
  • Financial questionnaires lodged by non-government schools with the Department of Education and Training, and
  • Annual returns and financial reports lodged by indigenous corporations with the Office of the Registrar of Indigenous Corporations.

To give the sector immediate certainty, the ACNC has committed to accept these reports for the 2016 reporting year.  Information about transitional reporting provisions is at acnc.gov.au/transitionalreporting.