Non-Audited Financial Acquittals
A non-audited financial acquittal report is an income and expenditure statement for the grant and confirmation that the funding has been spent on the activity in accordance with the Grant Agreement, Schedule and Terms and Conditions.
There is no specific format for a non-audited financial acquittal however it must:
- adhere to the applicable Australian Accounting Standards and be based on proper accounts and records
- verify that the funding has been spent on the activity in accordance with the Agreement, Schedule and Terms and Conditions
- pertain to Departmental funding only (an income and expense statement for your whole organisation is not acceptable)
- clearly differentiate income and expenditure relating to each grant you are funded for
- include SACS (Social and Community Services Supplementation) funding if applicable
- include any other expenditure detail required under the Grant Agreement and/or Grant Opportunity Guidelines
- be certified by the Board, chief executive officer or an authorised officer of the Organisation.
Please ensure you only acquit the departmental funds that have been paid and/or rolled over from the previous financial year. Please do not include other sources of income or expenditure unless specified in your grant agreement.
You can submit your non-audited financial acquittal in any format (e.g. excel, word, PDF). Please see an example of a non-audited financial acquittal that meets our requirements.
How do I submit the Non-Audited Financial Acquittal?
The non-audited financial acquittal is submitted by completing the online acquittal form and attaching your income and expenditure statement.
Links and instructions for accessing the online acquittal form are sent to Funding Recipients 30-days before the acquittal due date.
If your Organisation is registered for the Grant Recipient Portal, you will be prompted to access your acquittal form directly from the portal links. If you require assistance to access the Grant Recipient Portal, please visit the Community Grants Hub website.
If your Organisation is not registered for the Grant Recipient Portal, you will be provided with a link and code to access the Financial Acquittal report. Please note that each acquittal has a unique link and access code, you cannot complete your acquittal using an old or alternate link.
Please see the task card on how to complete the online form for further information.
You can also submit your non-audited financial acquittal manually via email to DSSacquittals@communitygrants.gov.au
Need more information or advice?
If you need more information or assistance regarding your financial acquittal requirements, please contact your Funding Arrangement Manager.
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