Expert Annual Report Preparation for NFP Organisations
Preparing a not-for-profit annual report can be challenging. You need to meet regulatory requirements, show financial transparency, and highlight your organisation’s impact.
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Our team features the most experienced and certified accountants in the Liverpool, Sydney area.
We offer fully customised accounting solutions designed to meet the unique needs of your business.
Meeting Your Reporting Obligations
Not-for-profits in Australia have multiple reporting obligations. Charities registered with the Australian Charities and Not-for-profits Commission (ACNC) must submit an Annual Information Statement (AIS). Larger organisations also need to prepare financial statements following Australian Accounting Standards.
Incorporated associations may be required to lodge an Annual Statement with their state regulator, such as NSW Fair Trading, Consumer Affairs Victoria (CAV), depending on size and revenue. Non-charitable NFPs with an ABN must complete the ATO NFP Self-Review Return to maintain their income tax exemption.
Compliance is crucial. Inaccurate reporting or missed deadlines can affect your legal standing and reduce trust among donors and stakeholders.
Planning the Report Content
An effective annual report goes beyond numbers. It tells the story of your organisation’s impact. We help NFPs focus on key areas:
- Achievements and Impact: Showcase programs and services delivered, and how they have benefited the community.
- Financial Transparency: Present income, expenditure, and fund allocation in clear, understandable formats.
- Future Goals: Outline strategic objectives and planned initiatives for the upcoming year.
- Stakeholder Recognition: Highlight the contributions of donors, partners, volunteers, and staff.
At Number Solutions Tax & Accounting, we ensure your report communicates clearly and professionally, making it both informative and engaging for readers.
Is Your NFP Annual Report Ready for 100% Compliance?
Why Choose Number Solutions Tax & Accounting For NFP Annual Report Preparation
At Number Solutions Tax & Accounting, we specialise in preparing annual reports for not-for-profit organisations of all sizes. Our team ensures compliance with AASB reporting standards, ACNC requirements, and state regulatory obligations.
We collect data, review governance documents, draft the report, and provide a thorough review process for board approval before submission.
1. Expert Compliance with Industry Standards
We ensure your organisation meets all necessary reporting standards, including AASB, ACNC, and state regulations. Our deep understanding of the latest requirements means you can trust that your annual report will be fully compliant with all legal obligations.
2. Streamlined Data Collection and Report Drafting
Our team takes the hassle out of gathering and organising the required data. We handle everything from collecting key financials to reviewing governance documents, making the entire process seamless and stress-free for you.
3. Clear and Professional Communication
We combine professionalism with clarity to craft an annual report that not only meets regulatory standards but also strengthens your relationships with donors, funders, and stakeholders. Every document is written in a way that’s easy to understand, ensuring your key messages are communicated effectively.
4. Thorough Review and Board Approval
Your report will undergo a detailed review process, ensuring accuracy and alignment with your organisation’s goals. We collaborate closely with your board to gain final approval before submission, so you can feel confident about the report’s integrity and presentation.
Our approach balances professionalism with clarity. We aim to make your annual report a document that not only satisfies compliance but also strengthens relationships with donors, funders, and stakeholders.
By partnering with Number Solutions Tax & Accounting, your organisation benefits from accurate reporting, clear communication, and expert guidance throughout the entire process. Feel free to reach out to us or give us a call at 02 9174 5327 at any time for any further queries you may have. We’re here to assist you.
Get Expert Support from Number Solutions Tax & Accounting
Preparing an annual report is a significant task, but it doesn’t have to be stressful. With Number Solutions Tax & Accounting, you get expert support that ensures your report is accurate, compliant, and clearly communicates your impact.
We take care of the process from start to finish, allowing your team to focus on delivering programs and services. Contact us today to see how we can make your NFP annual report preparation simple, professional, and stress-free.
FAQ
Yes, registered charities and incorporated associations generally must provide annual reports or statements to comply with ACNC or state regulations. The content varies based on size and revenue.
Include income and expenditure statements, balance sheets, and cash flow summaries. Ensure compliance with Australian Accounting Standards for accuracy and transparency.
Absolutely. We use charts, graphs, and infographics to make information easy to understand and appealing for stakeholders.
Timing depends on the size and complexity of the organisation. We work efficiently to meet regulatory deadlines while maintaining quality.
Yes. Our team ensures all reporting obligations are met, including AIS submissions and financial statement compliance where required.
