Reporting and stakeholders

Your corporation demonstrates accountability through its reporting to stakeholders on corporation performance and position.

When corporations provide timely and accurate reports to stakeholders – such as members, communities, creditors, and government agencies – it helps people make informed decisions. It also ensures the Register of Aboriginal and Torres Strait Islander Corporations is reliable and current.

The CATSI Act requires all corporations to report to their members at least once a year, within 6 months of the year end unless they’ve been exempted from reporting. The greater the corporation’s operations and risk, the more information they are required to report.

The CATSI Act also requires corporations to notify the Registrar when there are changes to corporation information and the appointments to roles in the corporation.

Depending on their activities and registrations, corporations may also have obligations to report to other stakeholders too.

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