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Abstract of Accounts


Under Section 52 of the Act, cemetery trusts are required to submit a financial report each year to the Department of Health & Human Services by 1 September. The report, known as the Abstract of Accounts, is to give a true and fair view of the financial position and performance of a trust, for the reporting period.  

All sections of the Abstract are to be completed or where appropriate, marked N/A (not applicable) or NIL. Copies of bank and investment account statements relating to the reporting period are to be submitted with the Abstract. 

The Abstract contains a statutory declaration which is to be signed by three trust members and an authorised witness, prior to it being submitted.

Trusts with a total income of $100,000 up to $1 million (inclusive) are to have their financials reviewed in accordance with the Australian Auditing Standards on Review Engagement by a professionally recognised accountant.

Trusts with a total income above $1 million are to have their financials audited by a registered auditor or a professionally recognised accountant.

If a review or audit report is required, a copy of this report must also be submitted with the Abstract.

An Abstract checklist has been developed to assist trusts with the preparation and submission of the Abstract of Accounts.

Download documents

  Abstract of Accounts

  Abstract of Accounts - Checklist