ACNC Top Ten Annual Information Statement Reporting Tips

22 Jul 2015 4:24 PM | Louise Stokes

The Australian Charities and Not-for-profits Commission (ACNC) recently released a list of its ‘top ten reporting tips’ for 30 June 2015 Annual Information Statements.

Tips for your Annual Information Statement

1. Know your charity size
Make sure you get your size right as it affects reporting obligations. Read more about size.
2. Know your financial report type: general purpose or special purpose financial report 
Read more about the types of financial statements.
3. Will you self-assess as a basic religious charity? Know the requirements 
Most charities that are incorporated cannot self-assess as a basic religious charity. Read more.
4. Check that the financial information you enter is correct 
Don’t mistake cents with dollars or record ‘revenue items’ as ‘other income’. Read more about the financial information.
5. Remember to provide financial information
Don’t forget to provide financial information, even if you did not conduct charitable activities during the year.

Tips for your financial report

Medium and large charities must submit financial reports.


6. Remember to submit your financial reports, including the financial statements
Follow the reporting checklist to make sure you submit everything.
7. Remember the accounting standards for a special purpose financial statement
You need to comply and state that the statement is prepared in accordance with the six mandatory accounting standards.
8. Check you have an accounting policy note and it is correct
In the notes to the financial statements, there must be an accounting policy note that contains adequate accounting policy disclosures. Read more in the relevant accounting standard AASB 101 Presentation of Financial Statements.
9. Check the completeness and quality of the related party disclosures for a general purpose financial statement
Make sure you provide sufficient detail of transactions between related parties and key management personnel compensation.
10. Attach all the required documents

Read more about what you need to submit.


Have you made a mistake?

If there are significant errors in your 2014 Annual Information Statement and/or financial report, contact ACNC at advice@acnc.gov.au to request a resubmission.


Extracted from ACNC’s Quarterly Newsletter, Issue 4, June 2015

Strengthening Trans-Tasman Connections: AuSAE and Tourism New Zealand Business Events Renew Partnership

Association professionals across Australia and New Zealand have even more reason to explore trans-Tasman opportunities. AuSAE is proud to announce the renewal of its longstanding partnership with Tourism New Zealand Business Events, celebrating 11 years of collaboration.

For over a decade, this partnership has strengthened connections between the two countries, helping associations expand networks, share knowledge, and deliver world-class events.

Toni Brearley, CAE, Chief Executive Officer at AuSAE, said:

“Our partnership with Tourism New Zealand Business Events has opened doors for association leaders to plan unforgettable events and connect with peers across the Tasman. Together, we’ve created opportunities, shared knowledge, and elevated the experiences of our members and their delegates. This partnership reinforces our commitment to fostering strong trans-Tasman collaborations, helping associations innovate, grow, and deliver outstanding value to their members.”

Helen Bambry, Business Events Manager at Tourism New Zealand, added:

“Partnering with AuSAE means we can directly support association professionals in bringing their next international business event to New Zealand – offering assistance, funding, and support to ensure exceptional experiences for both organisers and delegates.”

Watch the Tourism New Zealand Business Events video

What this partnership means for you

For Australian associations:

  • Receive expert guidance and support to bring conferences or member events to New Zealand.
  • Access funding assistance through Tourism New Zealand Business Events.
  • Expand your network and build partnerships with New Zealand peers and industry leaders.
  • Deliver international experiences for members and delegates just across the Tasman.

For New Zealand associations:

  • Strengthen professional connections with Australian association leaders through AuSAE’s network.
  • Share expertise and collaborate on professional development, governance, and member engagement initiatives, and more.
  • Gain visibility within the broader association community in Australia and New Zealand.
  • Access opportunities to host international association events and delegates in New Zealand, boosting local engagement and knowledge exchange.

About AuSAE:

The home for association professionals, the Australasian Society of Association Executives (AuSAE) is the leading - and only not-for-profit, member-based - organisation supporting association professionals in Australia and New Zealand. For 70 years, AuSAE has been a trusted partner for those working in associations, providing professional development, support, and networking to help association leaders achieve organisational goals, advance their careers, and strengthen the wider sector.

About Tourism New Zealand Business Events:

Tourism New Zealand Business Events provides expert guidance, funding, and support to attract conferences, incentives and corporate events to New Zealand.

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For more information about AuSAE, please contact Toni Brearley, CAE:
Toni Brearley, CAE
Chief Executive Officer, AuSAE
E: toni@ausae.org.au
T: + 61 458 000 155

To apply for funding and support to host a conference in New Zealand contact Helen Bambry:
Helen Bambry
Business Events Manager, Tourism New Zealand
E: Helen.Bambry@tnz.govt.nz
T: +61 415 933 325


The Australasian Society of Association Executives

Contact us:

Email: info@ausae.org.au
Phone: 1300 764 576 (within Australia)
Phone: +61 7 3268 7955 (outside Australia)
Address: Unit 6, 26 Navigator Place, Hendra QLD 4011, Australia