The ACNC Annual Report 2021-22 provides an overview of the Commission's work in the 2021-22 financial year.
All charities are vulnerable to the risk of having their funds and other assets misused for the purpose of terrorism financing. However, charities that operate overseas, or that send money overseas, are particularly vulnerable to terrorism financing risks. Ensuring your charity has appropriate governance, oversight and record-keeping measures in place can help protect it from having its assets misused.
Australia's registered charities must report annually to the ACNC. They can do this through completing and submitting an Annual Information Statement and, in the case of medium and large charities, an annual financial report. Here we examine charities’ reporting during the 2018 reporting period.
Winding up a charity is permanent, and means the charity no longer exists and must cease all operations. A charity can be subject to either voluntary or compulsory winding up. A charity may wind up voluntarily if it has achieved its purpose, or is unable to find people to govern the charity or carry out its work. There are also circumstances where a court may order that a charity wind up.
A charity is insolvent if it cannot pay its debts as and when they become due and payable. A charity’s Responsible People have a duty to not allow their charity to operate while insolvent.
The purpose of this Commissioner’s Interpretation Statement is to provide guidance about how to determine whether an organisation is a Public Benevolent Institution (PBI).
Our February webinar examined in detail recently-announced changes to charity size and reporting thresholds which will come into effect in coming months. The changes will soon see thousands of charities re-classified - particularly from medium-sized to small - with their reporting obligations to the ACNC to change so they more appropriately match the size of their operations. Our webinar looked at the changes and what they mean for your charity.
This webinar focused on reporting to the ACNC for the first time. We discussed charity reporting obligations and how to submit the Annual Information Statement in the ACNC Charity Portal.
The Australian Charities Report is the annual analysis of the information we receive from charities in their Annual Information Statements. This is the 8th edition.
The Australian Charities Report is the annual analysis of the information we receive from charities in their Annual Information Statements. This is the 10th edition.