Some Good News From the ACNC!
The Australian Charities and Not-for-Profits Commission
(ACNC) has just announced that the reporting
deadline for the Annual Information Statement
(AIS) due on 31 December 2013 for many charities
has been extended to 31 March 2014.
Regardless of size or purpose all charities registered with the
ACNC must submit an AIS to the Commissioner each year. The first
AIS will need to be completed for the 2012-2013 financial year.
However, in some circumstances, charities may not report in
accordance with the financial year. If this is the case, the
charity will need to apply to the ACNC for a 'substituted
accounting period' by submitting
Form 4A.
The ACNC will approve an application for a substituted
accounting period when the charity can show a genuine need for a
different reporting period. For example, if your charity has: