Certificate of Achievement
has completed the following course:
Reporting Obligations of Your Charity Part A: Overview and Basic Financial Skills
Australian Charities and Not-for-profits Commission
This course provided an overview of reporting obligations of charities and basic financial skills required of charity board members. You learned your charity’s reporting obligations to the ACNC given its size and subtype, those it has to other government entities, and when you must notify the ACNC of certain changes. You learned good charity record keeping - financial and operational - and how to understand balance sheets and profit & loss statements. You also reflected on solvency in charities.
2 weeks, 1 hour per week
Rachel Smith
Director of Advice Services, Education and Public Affairs
Australian Charities and Not-for-profits Commission
Transcript
Learning outcomes
- Describe your charity’s reporting obligations to the ACNC.
- Explain your charity’s reporting requirements to other regulators that the ACNC works with.
- Summarise the Duty to Notify and list the changes to your charity that are covered by it.
- Reflect on the ACNC’s red tape reduction initiative and how this informs the questions your charity is asked to answer in the AIS and the overall reporting obligations of your charity.
Syllabus
- Your charity’s reporting obligations to the ACNC.
- The impact of charity size and subtype on reporting timeframes.
- Reporting requirements of your charity to other government entities.
- Notifying the ACNC of certain changes (Duty to Notify).
- Charity record keeping, both financial and operational.
- Reading and interpreting balance sheets.
- Reading and interpreting profit and loss statements.
- Understanding solvency for charities.
- Recognising the warning signs and acting when a charity might be in financial difficulty.
Issued on 30th September 2022
The person named on this certificate has completed the activities in the transcript above. For more information about Certificates of Achievement and the effort required to become eligible, visit futurelearn.com/proof-of-learning/certificate-of-achievement.
This certificate represents proof of learning. It is not a formal qualification, degree, or part of a degree.
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