Incorporated Associations in Australia are governed by each state and territory’s Associations Incorporation Act. The reporting requirements are established by each local jurisdiction. Reference to the relevant legislation is recommended especially when the operations of the entity extends beyond its domiciled jurisdiction. The following table provides a summary of each state and territory’s financial reporting and auditing requirements.

It is recommended that members refer to the relevant state government department websites for the latest developments in the legislation. We have commented on this topic in recent times, including submissions to the relevant state government departments and in its pre-budget submissions to the Federal Treasury. This guide considers legislation relevant in Australia. Members practising outside of Australia must comply with the specific requirements of local laws and regulations.

Read the full report