In line with our risk-based regulatory approach, the ACNC regularly reviews financial information provided by charities in their Annual Information Statement (AIS). For some medium and large charities, we also review the quality of annual financial reports (AFR).

These reviews ensure that:

  • charities are providing correct financial information in their AIS
  • AFRs are meeting the ACNC’s legislative requirements
  • the public (including donors) can view accurate information on registered charities.

We use these reviews to improve each edition of the AIS to reduce error rates. We also use these reviews to refine and improve on our education and guidance, ensuring information provided by charities on the Charity Register is accurate and accessible.

You can view or download each year's report at the links below.

Our focus for the 2019 Annual Information Statement

Financial information in the AIS

Improvements to each edition of the AIS have led to charities making fewer errors in their financial information.

For the 2019 AIS, we will continue to monitor the financial information provided by charities, with a focus on charities that have:

  • incorrectly classified themselves as a Basic Religious Charity
  • engaged in activities in the 2019 reporting period, but not provided financial information
  • incorrectly reported 'revenue from government, including grants' in the AIS (when compared to the AFR if provided)

Quality of annual financial reports

We will increase the number of AFRs that are subject to a review from 200 to 250.

In particular, we will review AFRs prepared by:

  • charities that were previously subject to a review and were identified as having an error in their AFR
  • charities that we have streamlined reporting arrangements with.

Data integrity reports from previous Annual Information Statements

Reporting statistics for the 2018 reporting period

Reporting statistics for the 2017 reporting period