The laws of an annual report

The following tabs will help you determine what legally needs to go in your annual report.

There may also be provisions governing reporting in your own constitution; look it up.

You will also have reporting responsibilities to your members. The exact terms of these responsibilities vary slightly from state to state, but are similar in outline.

If you are a registered charity, you also have to heed the reporting guidelines laid down by the Australian Charities and Not-for-Profits Commission (ACNC)*. Reporting obligations include submitting an Annual Information Statement (AIS) and, depending on the size of your charity, an Annual Financial Report. You can find the full reporting guidelines here.

*While the Federal Government has introduced legislation to repeal the ACNC, it is yet to pass the Senate. This means the ACNC is still legally in operation and charities are still required to comply with their obligations to the ACNC under the current legislation.

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