The NSW Education Standards Authority (NESA) has launched its 2026 single-theme audit programme, with the current focus falling on significant payments made by non-government schools to third-party service providers.
This announcement is directly relevant to any independent or non-government school operating in NSW that receives government financial assistance.
The current audit theme covers significant
Non-government schools in NSW that receive State and Commonwealth funding are required to comply with the Education Act 1990 (NSW) (Act) and the Education Regulations 2017 (NSW) (Regulations). The Department of Education has also published Guidelines to help schools understand their obligations under the Act and Regulations.
Earlier this year (March
The Treasury Laws Amendment (2021 Measures No 2) Bill 2021 (Bill) which amends the Income Tax Assessment Act 1997 (ITAA 1997) was passed by both Houses of the Parliament on 2 September 2021 and awaits assent. Schedule 1 of the Bill makes charity registration a precondition for DGR endorsement.