The ACNC is conducting a public consultation on how it will ask charities to report their related party transactions in the 2023 Annual Information Statement. The aim of the consultation is to ensure charities can report on their related party transactions as clearly and as easily as possible. The ACNC has prepared three possible options for how charities might report their related party transactions. The consultation is in the form of a survey available until 16 March, together with a short video explaining the three options. Completing the survey should take no more than 10 minutes of your time.
The ACNC has developed guidance in relation to related party transactions, and is keen to also receive feedback on this guidance.
To view the video, access the survey and review the guidance, click here