Once an NPO has registered with the department, it must follow certain procedures. The most important procedures are:

• To keep all accounting records
• To draw up financial statements within six months of the end of the financial year (these must include a statement of income and expenditure and a balance sheet)
• To arrange for an accountant to compile a written report within two months after drawing up its financial statement. The report must say that the financial statements are consistent with the accounting records and that the NPO has complied with all the financial reporting requirements of the NPO Act.