If your corporation is required to lodge reports here's a quick tool to help you work out what reports you need to prepare and lodge.
Tool: Work out what reports your corporation needs to lodge this year
Step 1: What size is your corporation?
See your corporation’s registered size on the public Register of Aboriginal and Torres Strait Islander Corporations at oric.gov.au – use the ‘Find a corporation’ tool, search for your corporation’s name. Your size appears in the search results table and also in the ‘Extract’.
Step 2: How much income did the corporation have for the financial year?
Step 3: Combine your results from steps 1 and 2
Size + income = what reports you need to lodge.
| Registered size | Consolidated gross operating income for the year | Report(s) required | ||
| Small corporation | + | less than $100 000 | = | General report only |
| Small corporation | + | between $100 000 and $5 million | = | General report Financial report* Audit report* |
| Small corporation | + | $5 million or more | = | General report Financial report Audit report Directors' report |
| Medium corporation | + | less than $5 million | = | General report Financial report* Audit report* |
| Medium corporation | + | $5 million or more | = | General report Financial report Audit report Directors' report |
| Large corporation | + | Any amount of income | = | General report Financial report Audit report Directors' report |
*If more than 90% of your total income was from government grants you can lodge a financial report based on reports to government funders instead of a financial report and audit report.