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Update on 2014 Annual Information Statement (AIS)

The consultation period on the 2014 AIS has now closed. The ACNC are currently reviewing the submissions. The ACNC have said there has been a general endorsement for much of the proposed approach to the 2014 AIS.

However some specific concerns have been raised such as:

  • the amount of financial information being requested
  • possible misuse of the data
  • the nature of some questions that require particular levels of financial literacy
  • the need for certain information such as for business activity.

The ACNC will modify the 2014 AIS to address these key concerns. A revised version of the 2014 AIS will be available as soon as the guidance material is finalised – this should be in the next few weeks. We will keep you posted.

For more info CLICK HERE

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