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Annual Financial Report Disclosure – Best Practice

To help charities provide information that is useful, informative and consistent, and to encourage transparency and accountability, the ACNC recommends ‘best practice’ disclosures for government funds in an annual financial report. The recommended disclosures are not intended to replace existing disclosure requirements under the Australian Accounting Standards (AAS). Instead, they provide the ACNC’s view of best practice in disclosing this kind of financial information and encourage charities to adopt this approach.

To view the ACNC Best Practice Disclosures in detail, click here

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