Total revenue less than $250,000
No review or audit of financial statements required unless required by governing documents or directed to by a member or external party.
Total revenue greater than $250,000 and less than $1m
The organisation can choose to have financial statements reviewed or audited from the 2014 year if not already subject to review or audit requirements.
Total revenue greater than $1m
Financial statements must be audited from the 2014 year if not already subject to audit requirements.