A reporting period is the time which a charity reports to the ACNC. Generally, charities will report on a 12-month period, with the standard reporting period beginning on 1 July and ending on 30 June – mirroring a typical financial year. They may also report over the calendar year.
Each Charity has an obligation to report each reporting period. Charities report by submitting an Annual Information Statement and an annual financial report, if they are medium or large in size determined by revenue.
Some charities can have a non-standard reporting period, requested to use this reporting period through the ACNC.
Integrity, honesty and unbiased assessment are at the core of Giving Guide’s mission. The charity sector is important to the economy and culture of Australia, We believe independently assessing the accountability, transparency and effectiveness of the sector beyond what is currently available is important to it's future.
Giving Guide anticipates enhancing the level of governance and transparency in the Australian charity sector. An independent charity advisor would benefit the sector by helping charities consider exceeding the existing governance standards of the Australian Charities and Not-for-profits Commission (ACNC) to the benefit of donors.