Key The following are some key terms that it will be useful to understand when reading this consultation document. Annual Monitoring Return (AMR): Also referred to as the annual return, the annual monitoring return is the online form that registered charities must submit on an annual basis reporting on their activities, governance and finances during the year. The information required is streamlined according to the level of gross annual income. The questions in the annual monitoring return are specified in the Charity Commission for Northern Ireland Annual Return Regulations for the relevant year. In this document when we use we are ‘AMR’ referring to the online Annual Monitoring Return form and the three documents which are attached to it before submission. These attachments are: the accounts, the Trustees’ Annual Report and the report from the auditor or independent examiner. Basic compliance check: These are checks carried out by the Commission to ensure that annual reporting information complies with the fundamental requirements of the Charities Act and the Regulations. Deadline date: This is the date by which a charity’s annual monitoring return form and attachments must be submitted to the Commission. The deadline date is ten months after the charity’s financial year end. 1.2 How are annual monitoring returns checked by the Commission? The Commission has a two-step approach to checking annual monitoring returns (AMRs). Step one All AMRs are subject to an automated check to identify if the AMR – has been submitted by the deadline date.
Key The following are some key terms that it will be useful to understand when reading this consultation document. Annual Monitoring Return (AMR): Also referred to as the annual return, the annual monitoring return is the online form that registered charities must submit on an annual basis reporting on their activities, governance and finances during the year. The information required is streamlined according to the level of gross annual income. The questions in the annual monitoring return are specified in the Charity Commission for Northern Ireland Annual Return Regulations for the relevant year. In this document when we use ‘AMR’ we are referring to the online Annual Monitoring Return form and the three documents which are attached to it before submission. These attachments are: the accounts, the Trustees’ Annual Report and the report from the auditor or independent examiner. Basic compliance check: These are checks carried out by the Commission to ensure that annual reporting information complies with the fundamental requirements of the Charities Act and the Regulations. Deadline date: This is the date by which a charity’s annual monitoring return form and attachments must be submitted to the Commission. The deadline date is ten months after the charity’s financial year end. 1.2 How are annual monitoring returns checked by the Commission? The Commission has a two-step approach to checking annual monitoring returns (AMRs). Step one – All AMRs are subject to an automated check to identify if the AMR has been submitted by the deadline date.
compliance-action-for-failed-accounts-consultation-document.docx