The governing board members of charities and IPCs are required to file annual reports within six months from the end of the financial year to the Commissioner of Charities or Sector Administrators.
The annual report of a charity should be prepared in accordance with the requirement set out in the Charities (Accounts and Annual Report) Regulations. The annual report should contain the following:
(a) Information relating to the charity or its governing board members or officers, which includes:
This will be covered in the next section on Financial Statements.
To facilitate charities in preparing the annual reports, we have prepared a sample annual report template for reference. However, please note that each charity will have to abide by any additional requirements imposed by the respective Sector Administrators.
For charities with gross income or total expenditure exceeding $500k, please refer to the Charities (Accounts and Annual Report) Regulations for the additional annual report requirements to be fulfilled.
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