No images? Click here The Charitable PurposeACNC monthly e-newsletter December 2022 Commissioner's Column![]()
As I write my final Commissioner’s column, I realise how much I have learnt from the sector over the past four months, a sector that employs just over 10% of the Australian workforce. It has become increasingly apparent to me as I listen to discussions with boards, charities and advisers that at the heart of everything charities do, is purpose, also referred to as mission. Charity news and updatesGuidance and resources for charities![]() Two new online learning courses launched This week we launched two new short courses in our Governing Charities online learning program; Part B of our reporting obligations course and a course on fraud prevention. ![]() 'Purpose, people and planet' playbook Chartered Accountants Australia and New Zealand have released a new playbook for the charity and NFP sector looking at an environmental and social approach to sustainability. Director Identification Numbers The deadline for applying for a director
ID has now passed. Directors of charities that are a company or a registered Australian body should have applied before If you apply for your director ID by 14 December 2022, the Australian Business Registry Services, managed by the ATO, will not take compliance action on your late application. Check if you need a director ID and apply online now. Know someone who should receive The Charitable Purpose e-newsletter? Forward them this email and let them know they can subscribe by clicking the button below. 2022 Annual Information Statement Charities that operate on a standard financial year (1 July to 30 June) must submit their 2022 Annual Information Statement prior to 31 January. Remember there have been changes to charity size thresholds and key management personnel reporting. You can learn more about the changes, and what you need to know before completing your charity's AIS on the AIS Hub page. Get in early, beat the rush and submit via the Portal now. Stay up to date with all the latest charity news via our social media channels: Answering your questions
Q. What do I need to know about Director Identification Numbers? A. You will need a director identification number if you’re a director of a company (or registered body) with the Australian Securities and Investments Commission (ASIC). This is a number given by the Australian Business Registry Services (ABRS), and not managed by the ACNC. The due date for applying for your Director ID was 30 November, which has now passed. If you haven't applied already, you should do so before 14 December 2022. For more information, please visit the ABRS website, abrs.gov.au. Q. Do we have to report on key management personnel remuneration (e.g., CEO) in the 2022 Annual Information Statement (AIS)? A. Yes, however this only applies to some charities. Medium charities providing a general purpose financial statement along with the AIS, and large charities, must provide this information. Usually, Basic Religious Charities don’t need to provide this as financial information is voluntary, but if they do provide financials then the above rules apply. You can read more about reporting key management personnel remuneration at our website. Changes to Child Safe Standards in Victoria From January 2023 there will be changes to Victorian Child Safe Standards. If your charity operates in Victoria, learn more about these changes now. ![]() We register hundreds of new charities every month. You can view the list of newly registered charities by clicking on the button below. Welcome to the new charities that were registered with the ACNC in November 2022. ![]() To remain eligible for registration, charities must meet ongoing obligations. Each time a Responsible Person (a committee or board member or trustee) commences or resigns from their position, you must notify us. Learn more about notifying the ACNC. Holding an Annual General Meeting is a good way to be accountable to your members. Read more about AGMs and view our free resources. In the spirit of reconciliation, the ACNC acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. |