| Australian Company Number (ACN) Check Digit The ACN is a nine digit number with the last digit being a check digit calculated using a modified modulus 10 calculation. ASIC has adopted a convention of always printing and displaying the ACN in the format nnn nnn nnn ie three blocks of three characters separated by a blank. This is to assist readability and the inserted blanks do not form part of the ACN. For example, to validate the check digit for ACN 004 085 616: (i) apply weighting to digits 1 to 8
(ii) sum the products 0 + 0 + 24 + 0 + 32 + 15 + 12 + 1 = 84 (iii) divide by 10 to obtain remainder 84 / 10 = 8 remainder 4 (iv) complement the remainder to 10 10 - 4 = 6 (if complement = 10, set to 0) Thus calculated check digit (6) equals actual check digit (6) so ACN 004 085 616 is VALID. Examples of valid ACNs include:
Note that Australian Registered Body Numbers (ARBNs) and Australian Registered Scheme Numbers (ARSNs) are constructed using the same formula. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||