Example disclosure: comparative information not included in the financial report

 ‘The directors of [name-entity], a registered charity, consider it is a non-reporting entity as defined by AASB 1053 and the special purpose financial statements of [name entity] have been prepared under section 60-30 of the Australian Charities and Not-for-Profits Commission Regulation 2013 (ACNC Regulation). We note that for the [year] reporting period the Commissioner has allowed registered entities meeting certain conditions to not prepare comparative financial information. Therefore, in preparing these financial statements, [name entity] has not provided comparative financial information as required by AASB 101 Presentation of Financial Statements.

Accordingly, these special purpose financial statements comply with the Australian Charities and Not-for-Profits Commission Act 2012 and the ACNC Regulation. With the exception of AASB 101, other relevant Australian Accounting Standards have been applied [indicate the extent to which other Australian Accounting Standards are applied].’