Charities Fixing Their ACNC Errors

Thousands of Australian charities have made contact with the ACNC to rectify errors made in their financial reporting.

Since August, the ACNC has been contacting them and asking them to review identified mistakes.

The errors appeared in their 2014 Annual Information Statements, or annual financial reports. As this was the first year that financial reporting was required, the ACNC conducted thorough checks. ACNC Commissioner, Susan Pascoe, said that charities would not be penalised for what appeared to be unintended omissions or mistakes, but she encouraged them to act quickly to rectify their entry on the Charity Register.

To read the full Pro Bono article click here

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