Australian Charities and Not-for-profits Commission (ACNC)
We provide independent financial statement audits for charities, including those delivering NDIS funded services. Our audits are conducted in accordance with Australian Auditing Standards, helping your charity meet its ACNC financial reporting obligations and deadlines.
Audit Edge provides independent audit services to charities registered with the Australian Charities and Not-for-profits Commission (ACNC).
A charity’s audit and financial reporting obligations depend on its size and circumstances, as well as any additional requirements imposed by its governing documents, funding agreements or other applicable legislation. Under the standard ACNC requirements, large charities must have their annual financial reports audited, while medium charities generally require either an audit or a review. Certain exceptions apply.
For large charities, the auditor’s report must be included in the annual financial report submitted to the ACNC with the Annual Information Statement. The audit must be conducted by a Registered Company Auditor (RCA), an audit firm or an authorised audit company, in accordance with the applicable requirements.
We work with charity boards, management and accountants to clarify audit obligations, plan the engagement and identify the financial records and supporting information required to complete the audit.
How we help: We explain the audit process, provide clear guidance on the information required and coordinate with your existing finance team to help keep the engagement organised and meet relevant reporting deadlines.
What’s included
Reporting timetable
An agreed audit timetable aligned with your charity’s ACNC reporting deadline.
Audit closing report
Key audit findings and recommendations communicated to those charged with governance, including relevant internal control observations.