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Introduction For any Australian charity, preparing an annual financial report is a critical responsibility, forming a key part of its obligations to the Australian Charities and not-for-profits Commission (ACNC), a
Introduction For not-for-profit (NFP) organisations, understanding what operating as a not-for-profit organisation means is the first step to maintaining the financial compliance fundamental to ensuring transparency and upholding public trust.
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 The overhaul of the unfair contract terms (UCT) regime under the Australian Consumer Law 2010 (Cth) (ACL), effective from 9 November 2023, presents a new compliance landscape for NSW
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
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Introduction The Design and Building Practitioners Act 2020 (NSW) establishes significant compliance obligations for the New South Wales building industry, aiming to improve the quality and safety of construction work.
Introduction When embarking on a construction project, one of the most critical early decisions is selecting the right type of building contract, as there are several types of NSW building
Introduction For any not-for-profit organisation in Australia, succession planning is a critical component of good governance that ensures leadership continuity and long-term stability. A well-developed plan allows a charity to
Introduction For Australian not-for-profit (NFP) organisations and charities, the decision to remunerate board members introduces a critical layer of public scrutiny. Because these organisations rely so heavily on public trust,
Introduction The Australian Charities and Not-for-profits Commission (ACNC) is observing a significant rise in concerns reported by the public, indicating that charities are facing increased scrutiny. As public awareness of
Introduction Volunteers are a vital resource for charities, contributing essential time and energy that makes much of the sector’s work possible. Effective volunteer management, however, extends beyond simple recruitment and