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Charities watchdog flags financial reporting errors across the sector

Charities watchdog flags financial reporting errors across the sector

The charities regulator’s latest review of financial reports has found that a third of organisations are withholding components of their reporting, while a fifth failed to disclose government revenue.

by Shared by AccountantsDaily | 8 Apr, 2021

The Australian Charities and Not-for-profits Commission (ACNC) this week urged organisations across the sector to enhance their financial reporting efforts after the release of the regulator’s annual review showed room for improvement.