The ACNC website provides a vast amount of information in relation to managing a charity, including the information outlined in the illustration above.Key reporting requirements for Not-for-Profit associations in Western Australia
As part of the West Australian Government’s aim to promote greater efficiency and accountability, the state introduced a new Associations Incorporation Act 2015 that align the legislation governing incorporated associations with other Australian jurisdictions and minimise compliance and administrative costs.
The Associations Incorporation Act 2015 brought a couple of distinct changes to aligned itself to the requirements of the Australian Charities and Not-for-profits Commission Act 2012. The 2015 Act categorises associations into one of three Tiers to determine its reporting requirements.
The following illustration provides a snapshot of the key reporting requirements for each Tier to simply the reporting requirements of the above-mentioned Acts.
The ACNC website provides a vast amount of information in relation to managing a charity, including the information outlined in the illustration above.
The ACNC website provides a vast amount of information in relation to managing a charity, including the information outlined in the illustration above.RELIANCE AUDITING SERVICES
Reliance Auditing Services is a specialist independent auditing services firm providing quality audits to SMSFs, companies, not-for-profits and AFS licensees all over Australia. Reliance Auditing places a huge emphasis on educating our clients to ensure they fulfil their reporting obligations.
Call: 1300 291 060
or email us at info@relianceauditing.com.au
DISCLAIMER: This information is an interpretation of rules, regulations and standards. It should not be considered as general or specific advice and neither purports, nor is intended to be advice on any particular matter. No responsibility can be accepted for those who act on the contents of this publication without first obtaining specific advice. Liability limited by a scheme approved under Professional Standards Legislation.