This submission briefly outlines the Community Council for Australia (CCA) response to the COAG Regulatory Impact Assessment of potential duplication of governance and reporting standards for charities (RIA) consultation paper.
The CCA Board and members believe the issue of duplication in regulatory requirements for charities and more broadly for the not-for-profit (NFP) sector is a critical issue.
This submission outlines eight measures the Community Council for Australia (CCA) believes will significantly strengthen Australia’s not-for-profit (NFP) sector and drive real economic savings for government over the coming financial year and beyond. It has been prepared through consultation with the membership of the CCA (see Attachment 1 for a listing of CCA members) and key organisations in the NFP sector. It also draws on recommendations from previous CCA submissions.
Manager Philanthropy and Exemptions Unit Indirect, Philanthropy and Resource Tax Division The Treasury Langton Crescent PARKES ACT 2600
Dear Sir or Madam
CCA has reviewed the proposed requirements for annual financial reports under the Australian Charities and Not-for-profit Commission (ACNC) and broadly endorses the approach outlined.
This submission briefly outlines the Community Council for Australia (CCA) response to the Development of Governance Standards Consultation Paper published in December 2012 by The Treasury.
The CCA Board and members believe the issue of effective governance in not-for-profit (NFP) organisations is a critical issue.