---
title: "Determine the charity’s size and the financial reporting, review or audit it needs"
url: "https://ailawframework.com/practice/not-for-profit-charities-and-associations/determine-the-charity-s-size-and-the-financial-reporting-review-or-audit"
type: "task"
site: "AI Law Framework"
id: "A35-F20261018-2"
practice_area: "Not-for-Profit, Charities & Associations"
tier: "green"
lawyer_review: "required"
last_reviewed: "2026-10-22"
---

# Determine the charity’s size and the financial reporting, review or audit it needs

> 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…

Canonical page: https://ailawframework.com/practice/not-for-profit-charities-and-associations/determine-the-charity-s-size-and-the-financial-reporting-review-or-audit  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Not-for-Profit, Charities & Associations](https://ailawframework.com/practice/not-for-profit-charities-and-associations.md) |
| Human involvement | Green: AI drafts, lawyer checks |
| 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 / versions | 1 jurisdiction versions below |

## Checking plan

**Lawyer review required**

The responsible lawyer reviews the work against the instructions, sources and intended use.

- What the AI does: 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 does: 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.
- Who reviews: Responsible lawyer with competence in the matter
- Basis: Practical workflow informed by the linked primary sources; the traffic light and working checks are editorial guidance, not a court classification.
- Why: The level reflects what the work is, the consequence of an error, and how much of the output the lawyer must independently re-derive.

## Checks the lawyer makes

1. Confirm the revenue figure with the accountant and the reporting period it covers.
2. Check the thresholds against the regulator’s page on the day, not the template.
3. Add any state association or fundraising reporting that applies on top.

## Notes

- 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.

## Sources

- [ACNC, Charity size](https://www.acnc.gov.au/tools/topic-guides/charity-size) (checked 2026-10-18)
- [ACNC, Financial and other reporting](https://www.acnc.gov.au/for-charities/manage-your-charity/financial-and-other-reporting) (checked 2026-10-18)
- [ACNC, Annual Information Statement due dates](https://www.acnc.gov.au/for-charities/annual-information-statement/annual-information-statement-due-dates) (checked 2026-10-18)

## Forms and precedents for this task

| Form or precedent | Kind | AI level | Summary |
| --- | --- | --- | --- |
| [Charity size and the ACNC financial report that follows from it](https://ailawframework.com/precedents/not-for-profit-charities-and-associations/charity-size-and-financial-report.md) | Checklist | 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… |

Signed-in accounts can read the full text of each one.

## Jurisdiction versions

| Jurisdiction | Level |
| --- | --- |
| [United States](https://ailawframework.com/practice/not-for-profit-charities-and-associations/determine-the-charity-s-size-and-the-financial-reporting-review-or-audit/united-states.md) | Yellow |

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*