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Feb 13, 2024 / News

Not-For-Profit Newsletter - Edition 19

Welcome to the newest edition of our Not-for-Profit Newsletter. Please feel free to contact us if you have any questions about the content of this Newsletter. Read more

ACNC Activities / Not for Profit / Not for profit News


Apr 28, 2023 / News

Not-for-Profit Newsletter | Edition 16

Welcome to the newest edition of our Not-for-Profit Newsletter. Read more

Audit and Assurance / Not for Profit


Mar 06, 2023 / News

Not-For-Profit Newsletter - Edition 15

This edition covers several governance and compliance considerations including self-assessing income tax exemptions, deductible gift recipient registration requirements, and cybersecurity matters. In respect to financial reporting, we have included details of the latest ASIC focus areas and updates to accounting standards. There are also a number of items relating to ACNC and government activities. Read more

Audit and Assurance / Not for Profit


Nov 22, 2022 / News

Proposed new Tier 3 NFP reporting framework

From 2022 for-profit entities required to lodge financial reports with regulators have to prepare either Tier 1 or Tier 2 general purpose financial statements. The AASB is intending to extend this requirement to not-for-profit entities (NFP), which would affect ACNC–registered charities, co-operatives, NFP companies limited by guarantee, and others. But before doing so, it has issued a Discussion Paper detailing a proposed new third tier of general purpose financial statements. Read more

Not for Profit


Aug 09, 2022 / News

Not For Profit Newsletter

This edition covers important changes to financial reporting requirements for charities around financial statement disclosures, reporting thresholds, key focus areas and lodgement extensions. Read more

Not for Profit


Nov 24, 2021 / News

Financial Reporting Changes for Charities

The financial reporting thresholds for charities reporting to the Australian Charities and Not-for-profits Commission (ACNC) have now been increased, providing relief to thousands of charities, whilst also requiring Key Management Personnel remuneration and related party disclosures. Read more

Financial Reporting / Not for Profit


Nov 04, 2021 / News

Financial Reporting Developments - Spring 2021

This Financial Reporting Development explains the AASB’s project to address the future of financial reporting for NFP entities and other developments affecting the sector. Read more

Financial Reporting / Not for Profit


May 05, 2021 / News

Not-for-Profit Newsletter | Edition 8

This edition covers a number of financial reporting matters including commentary on the lodgement of incomplete financial reports, proposed changes to reporting thresholds, and ACNC best-practice disclosures. Read more

Education / Not for Profit


Jan 28, 2021 / News

Not-for-Profit Newsletter - Edition 7

Welcome to the newest edition of our Not-for-Profit Newsletter. Please feel free to contact us if you have any questions about the content of this Newsletter. Read more

Education / Not for Profit


Nov 11, 2020 / News

Not-for-Profit Newsletter - Edition 6

This edition has a continued focus on the impacts on the current COVID-19 pandemic with articles on the impact on board practices and guidance on reporting. Read more

Not for Profit


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