Last month, June 2013 saw a number of significant milestones in the development of the ACNC.
The article provides a summary of the Australian Charities and Not-for-profits Commission - which regulates charities.
With
Scott Phillips,
Joe Shannon
The Government has stated that it intends to introduce the Charities Bill into Parliament in the Winter sitting in 2013.
As part of the Not-for-profit reforms, the Government proposes the introduction of a statutory definition of charity.
The first issue of this newsletter is concentrated on the various recent announcements regarding the NFP reform journey.
The article introduces the 2013 Annual Information Statement (AIS) and guide and the Consultation Paper on the 2014 AIS.
The ACNC has released the results of the community consultations and surveys on its ACNC Regulatory Approach Statement.
There have been a number of recent announcements about the important objective of the reform agenda to reduce red tape.
The main operative provisions of the financial reporting and governance requirements are contained in the regulations.
With
Joe Shannon
The ACNC and Treasury seek feedback on proposed charity reforms via submissions, consultations and an online survey.
With
Joe Shannon
The ACNC already has over 40 new charities registered, a 'user friendly' website and numerous community presentations.
Moore Stephens have written a submission responding to the discussion paper from the NFP Sector Tax Concession Working Group.
With
Mike McDonald,
Scott Phillips,
Joe Shannon
ACNC details to come include governance standards, financial reporting and annual information statement requirements.
The Bills are still up for debate, with the Government anticipating that the ACNC will open its doors in December 2012.
With
Stephen O'Flynn,
Joe Shannon
This article updates the progress of the bills and discusses the outcome of the Committee reports relating to the ACNC.
