Determine the charity’s size and the financial reporting, review or audit it needs
Key facts
- Human involvement
- GreenLawyer review
- How AI is used
- From the draft annual accounts and the revenue definitions the regulator uses, calculate annual revenue for the reporting period, classify the charity as small, medium or large, and set out the resulting obligations (Annual Information Statement, financial report, review or audit) with due dates for the charity’s reporting period.
- What the lawyer must review
- The lawyer confirms the revenue figure with the charity’s accountant, checks any group or related-entity reporting arrangement, confirms state association or fundraising reporting that also applies, and advises the board on the obligations and dates.
- Written for / version
- US
Open a jurisdiction version of this task to see which instruments apply: US
Who does what
| Role | What they do |
|---|---|
| Assistance | From the draft annual accounts and the revenue definitions the regulator uses, calculate annual revenue for the reporting period, classify the charity as small, medium or large, and set out the resulting obligations (Annual Information Statement, financial report, review or audit) with due dates for the charity’s reporting period. |
| Lawyer | The lawyer confirms the revenue figure with the charity’s accountant, checks any group or related-entity reporting arrangement, confirms state association or fundraising reporting that also applies, and advises the board on the obligations and dates. |
Checklist
- Confirm the revenue figure with the accountant and the reporting period it covers.
- Check the thresholds against the regulator’s page on the day, not the template.
- Add any state association or fundraising reporting that applies on top.
Forms and precedents for this task
| Form or precedent | Kind | AI use | Summary |
|---|---|---|---|
| Charity size and the ACNC financial report that follows from it | Checklist | AI use Green | Table for a registered charity's size from annual revenue, using the thresholds for reporting periods from the 2022 Annual Information Statement, and the report, basis and audit the ACNC page attaches to that size. |
Signed-in accounts can read the full text of each one. All precedents.
Sources
- ACNC, Charity size · 2026-10-18
- ACNC, Financial and other reporting · 2026-10-18
- ACNC, Annual Information Statement due dates · 2026-10-18
These are suggested working checks. Confirm the required checking with the responsible lawyer before work starts; the checking approach does not establish permission to use AI.