Introduction
Our compliance trend reports help registered organisations comply with legislative requirements and help inform registered organisation's priorities, services and other activities.
On this page:
Content
Compliance snapshot
We help registered organisations:
- comply with legislative requirements
- monitor their performance to help inform the organisation's priorities, services and other activities.
Registered organisations can use data to understand their own achievements and priorities, and to see how they compare against other organisations.
2022 compliance snapshot (pdf)
Financial reporting
Our financial report cards identify the common financial reporting compliance issues of the relevant year.
When preparing the financial report, reporting units and registered auditors should pay close attention to the focus areas identified in the report card.
Report card – 2023 financial reporting (pdf)
Compliance data
Financial reports
Of the financial returns with a 2022 year-end date that were lodged and assessed for compliance by 30 June 2023, 71% met the key compliance measures.
This compares to:
- 70% in 2021
- 84% in 2020
- 81% in 2019.
A range of factors can influence the extent to which lodged financial reports comply with relevant financial reporting guidelines. We continue to work with organisations and auditors to ensure continuous improvements in compliance.
Annual returns
In 2024, 100% of organisations lodged their annual returns by the statutory deadline of 31 March. This is the fourth year in a row this has been achieved, which is an excellent result.
Officer and Related Party (ORP) disclosure statement
In 2022–23, 99.7% of organisations and branches lodged their Officer and Related Party disclosure statements within the statutory timeframes, matching the same figure from the previous year.
We'll continue to engage with organisations who may be experiencing issues with lodging on time. We anticipate that such engagement won't be required in future years and voluntary compliance will continue.
Non-compliance
Although the non-compliance numbers are small, we continue to work with organisations, taking appropriate action in each specific case.
We understand that lodging within the specified time frames is just one measure of compliance and doesn't address the qualitative aspects of the reports.
We're now working with organisations to increase both voluntary levels of compliance and the qualitative levels of compliance with:
- the Fair Work (Registered Organisations) Act 2009
- Commissioner’s Reporting Guidelines
- Australian Accounting Standards Board standards.