ACNC Here To Stay
Recent news out of Canberra has indicated the ACNC has secured its future following the dropping of plans to scrap the commission. Minister for Social Services Scott Morrison has declared that plans from his predecessor former Social Services Minister Kevin Andrews to abolish the Australian Charities and Not-For-Profits Commission is not a priority in his new portfolio.
The move provides the ACNC with a clearer future and cements the need for charities and NFP's to continue to comply with the ACNC's requirements including submitting their annual information statement - failure to do this will make offending charities face losing their charity status.
If you're a charity or NFP who needs to lodge your financial statements with the ACNC it is a requirement to do so within 6 months of your year end.
If you need assistance with this please call one of the team from SAAS Audit on 07 3846 6761 (Brisbane office) or 07 5452 9859 (Sunshine Coast office).
For more information SAAS Audit's charity and NFP services click here