HACC – financial requirements and fees

Quick reference guide to financial requirements

  • Annual funding level $50,000 or less – no financial reporting required.
  • Annual funding level $50,000 to $100,000 – annual HACC income statement only
  • Annual Funding Level over $100,000 – annual full suite of financial statements listed as per table below.
Table: Annual Funding Level over $100,000 – full suite of financial statements
Financial report due 30 September Certification Org type
Whole of Organisation Income Statement Audit 1, 2 and 3
Whole of Organisation Balance Sheet Audit 1, 2 and 3
Whole of Organisation Cash Flow Audit 1, 2 and 3
HACC Program Income Statement Audit and Board 1, 2 and 3
HACC Program Cash Flow Audit and Board 1
HACC Program Asset Register (see Schedule 5, Note 5 of the Service Agreement for minimum requirements) Board 1, 2 and 3
Notes to the Financial Statements including HACC specific Audit and Board 1, 2 and 3
Where a Board does not exist, certification should be by CEO, CFO or equivalent.

The Whole of Organisation financial statements do not need to be in the HACC Program format, for example a copy of the Whole of Organisation financial reports routinely produced will suffice.

Annual financial formats (not mandatory)

Fee Policy

Financial Guidelines

Produced by

Purchasing and Contracting Directorate