Introduction Effective financial management is vital for the success and integrity of any charity. The duty of managing charity money responsibly rests with the organisation’s “Responsible Persons”—the board or committee
Introduction For any Australian charity with a membership base, ensuring accountability to members is a core requirement under the ACNC Governance Standards. Governance Standard 2 is specifically designed to ensure
Introduction For any not-for-profit (NFP) organisation, managing charity reserves is a vital component of good governance, playing a critical role in ensuring long-term financial stability and sustainability. Despite their importance,
Introduction For any Australian charity registered with the Australian Charities and Not-for-profits Commission (ACNC), comprehending ACNC Governance Standard 6 is crucial. This specific governance standard is intrinsically linked to the
Introduction Selecting the appropriate legal structure is a foundational step for any not-for-profit (NFP) organisation in Australia, profoundly impacting its governance, operational capacity, and long-term sustainability. With several different legal
Introduction For any charity or not-for-profit organisation, correctly distinguishing between volunteers and employees is a critical responsibility, yet the legal distinctions can often be complex. This understanding is fundamental for
Introduction Effectively managing conflicts of interest is fundamental for every charity’s board or committee to maintain integrity and adhere to governance standards set by the Australian Charities and Not-for-profits Commission
Introduction Not-for-profit organisations and charities in Australia are increasingly exploring mergers, acquisitions, and restructures as strategic avenues. These significant undertakings often arise from the need to navigate increasing compliance pressures,
Introduction For any not-for-profit organisation, understanding and upholding whistleblower protections is a critical aspect of good governance. The legal landscape, significantly shaped by the Corporations Act 2001 (Cth), requires not-for-profits
Introduction For officers of Australian not-for-profits structured as companies, understanding their obligations to both the Australian Charities and Not-for-profits Commission (ACNC) and the Australian Securities & Investments Commission (ASIC) is
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Introduction Starting a not-for-profit (NFP) organisation in Australia is a rewarding journey, driven by a passion to make a lasting impact. However, building a compliant and resilient charity requires more
Introduction Australian Not-for-Profit (NFP) and charity organisations are increasingly prime targets for cybercriminals, facing a significant cybersecurity vulnerability. This exposure is often due to the sensitive data they manage combined
Introduction For any not-for-profit (NFP) or charity in Australia, understanding the legal landscape of fundraising presents a significant challenge. The current system is a complex patchwork of state and territory
Introduction The adoption of artificial intelligence (AI) is accelerating rapidly within the not-for-profit (NFP) sector, presenting both significant opportunities and considerable ethical risks. While these technologies can enhance efficiency and
Introduction The passage of the Treasury Laws Amendment (Mergers and Acquisitions Reform) Act 2024 (Cth) marks a significant overhaul of Australian merger laws. This legislation introduces a mandatory and suspensory
Introduction For property developers, buying land is a significant investment, making thorough due diligence the most critical phase of any acquisition. This process is a buyer’s single greatest protection against