Schedule 3

Fees

In force

regulation 7

Item No.	Matters to which fee relates	Fee (revenue units unless otherwise stated)
1.	For certification as an association for the Act under paragraph (b) of the definition of association in section 4 of the Act	50
2.	For the issue of a certificate of incorporation under section 9(1) of the Act	65
3.	For the issue of a certificate of incorporation under section 17(1) of the Act	25
4.	For filing copies of a document referred to in section 43(1) of the Act with the Director under section 45(1) of the Act	15
5.	For a certificate of the Director given under section 113(2) of the Act	20
6.	For filing a document with the Director within the time specified by the Act	15
7.	For filing a document with the Director if the time specified by the Act for filing the document has expired	35
8.	For an inspection pursuant to regulation 6(1) of all or any of the documents filed with the Director in relation to an incorporated association	10
9.	For issuing a document in relation to an incorporated association by post or facsimile transmission or other electronic means under regulation 6(2)	13
10.	For issuing a copy of a document or part of a document filed with the Director	1 (per page)

Schedule

regulation 10

[insert name of association]

SPECIAL PURPOSE FINANCIAL

REPORT

for

for the year ended

[insert date – note not all associations' financial years finish on 30 June]

------ // ------

INDEX

Contents	Page
Independent Audit Report
Statement by the Association Management Committee
Profit and Loss Statement
Balance Sheet
Notes to the Financial Statements

INDEPENDENT AUDIT REPORT

To the members of

[insert name of association]

SCOPE OF AUDIT

I/We [insert name of auditor(s)] have audited the attached special purpose financial report of the [insert name of association] for the year ended

[insert date] as set out on pages … to… .

The Management Committee is responsible for the preparation and presentation of the financial report and the information it contains and has determined that the accounting policies used and described in note 1 to the financial statements which form part of the financial report are appropriate to meet the requirements of the Associations Act 2003 and are appropriate to meet the needs of the members.

I/We have also conducted an independent audit of the financial report in order to express an opinion to the members of the association on their preparation and presentation. No opinion is expressed as to whether the accounting policies used, and described in note 1, is appropriate to the needs of the members.

The financial report has been prepared for distribution to members and to satisfy the reporting requirements of the Associations Act 2003. I/We disclaim any assumption of responsibility for reliance on this audit report or the financial report to which it relates to any person other than the members, or for any purpose other than that for which it was prepared.

[Tier 2 incorporated associations and Tier 3 incorporated associations only:]

The audit has been conducted in accordance with Australian Auditing Standards. The procedures included examination on a test basis, of evidence supporting the amounts and other disclosures in the financial report and the evaluation of significant accounting estimates. These procedures have been undertaken to form an opinion as to whether, in all material respects, the financial report is presented fairly in accordance with the accounting policies described in note 1 so as to present a view consistent with my/our understanding of the financial position and performance of [insert name of association] as represented by the results of its operations and its cash flows.

The audit opinion expressed in this report has been formed on the above basis.

INDEPENDENT AUDIT REPORT (CONT'D)

AUDIT OPINION

[Include either A or B as appropriate:]

A. Audit Opinion (unqualified)

In my/our opinion the financial report presents fairly the financial position of the [insert name of association] and the results of its operations at [insert date] in accordance with Australian Accounting Standards.

Signed Dated

B. Audit Opinion (qualified)

[List any qualifications here, for

example:
"We are unable to verify that all income of the

Association has been brought to account, only that monies as banked to the Association's accounts have been recorded".]

In my/our opinion, except for the above, the financial report presents fairly the financial position of the [insert name of association] and the results of its operations at [insert date] in accordance with Australian

Accounting Standards.

Signed Dated

[insert name of association]

STATEMENT BY THE MANAGEMENT

COMMITTEE

for the year [insert date]

In our opinion:

the accompanying financial report as set out on pages [insert page numbers], being a special purpose financial statement, is drawn up so as to present fairly the state of affairs of the Association as at [insert date] and the results of the Association for the year ended on that date;

the accounts of the Association have been properly prepared and are in accordance with the books of account of the Association; and

there are reasonable grounds to believe that the Association will be able to pay its debts as and when they fall due.

Signed at [insert address where signed] on / /

……………………….. …………………………..

President Treasurer

[The accompanying notes form part of the financial report.

This report is to be read in conjunction with the attached audit report.]

[insert name of association]

PROFIT AND LOSS STATEMENT

for the year [insert date]

Notes	[insert year]	[insert year before]
INCOME Membership fees Fundraising Sale of assets Other sales Interest received [add other items as necessary]
TOTAL INCOME
EXPENDITURE Advertising and promotion Audit fees Bank charges Depreciation Electricity Equipment Insurance Permits, licences and lodgement fees Postage, printing and stationery Telephone [add other items as necessary]
TOTAL EXPENSES
SURPLUS/(LOSS) FOR THE YEAR

[The accompanying notes form part of the financial report.

This report is to be read in conjunction with the attached audit report.]

[insert name of association]

BALANCE SHEET

for the year ended [insert date]

Notes	[insert year]	[insert year before]
CURRENT ASSETS Cash on hand Cash at bank Term deposits Accounts receivable [add other items as necessary]
NON CURRENT ASSETS Land (if prescribed property show at nil value) Plant and equipment Less accumulated depreciation [add other items as necessary]
TOTAL ASSETS
CURRENT LIABILITIES Creditors [add other items as necessary]
NON CURRENT LIABILITIES Loans [add other items as necessary]
NET ASSETS
MEMBERS FUNDS Balance at the beginning of the year Surplus/(Loss) for the year [add other items as necessary]
ACCUMULATED FUNDS

[The accompanying notes form part of the financial report.

This report is to be read in conjunction with the attached audit report.]

[insert name of association]

NOTES TO THE FINANCIAL

STATEMENTS

for the year ended [insert date]

1. SUMMARY

OF ACCOUNTING POLICIES

The accounting policies adopted by the Association are stated in order to assist in a general understanding of the financial statements. These policies have been consistently applied except as otherwise indicated.

Reporting entity

The association is not a reporting entity because in the committee's opinion there are unlikely to exist users who are unable to command the preparation of reports tailored so as to satisfy all of their information needs, and these accounts are therefore "special purpose accounts" that have been prepared solely to meet the requirements of the Constitution and the Associations

Act 2003.

Accounting policies

The financial report has been prepared under the historical cost conventions and does not take into account changing money values except to the extent that they are reflected in the revaluation of certain assets.

In order for the financial report to present fairly the state of affairs of the Association and the results of the Association for the year,

Australian Accounting Standards have been adopted to the extent disclosed in this note.

Depreciation of property, plant and equipment

Items of property, plant and equipment are depreciated over their estimated useful lives using the straight line method.

Income tax

The

Association is of the opinion that it is/is not subject to income tax.

[The accompanying notes form part of the financial report.

This report is to be read in conjunction with the attached audit report.]

NOTES TO THE FINANCIAL

STATEMENTS (CONT'D)

2. LAND

The

Association owns land at …………

This land is not prescribed property.

This land is prescribed property and:

(a) was obtained as a grant for [insert value of grant];

(b) was purchased for [insert purchase price]

3. OTHER

NOTES

[insert other notes as required]

[The accompanying notes form part of the financial report.

This report is to be read in conjunction with the attached audit report.]

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