The Auditor-General of Australia released a performance audit report on regulation of charities by the Australian Charities and Not-for-profits Commission (ACNC).
Findings include:
- The ACNC has been largely effective in delivering its regulatory responsibilities for registered charities.
- The ACNC has focussed on providing education and guidance to support charities’ ongoing compliance obligations.
- The ACNC has taken a ‘light touch’ approach to assessing whether charities meet required governance standards.
- The ACNC has made relatively limited use of its stronger regulatory powers to address identified non-compliance.
- The ACNC has established a number of initiatives to reduce the red tape burden on registered charities.
The report is available on the Australian National Audit Office (ANAO) website.
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