governance

 

 

 

A great publication has been released recently by the Australian Charities and Not for profits Commission (ACNC) that is titled Governance for Good.  This publication is ideal for board members as well as prospective board members as it discusses a number of issues in relation to good governance that includes:

  • Governance of your organisation
  • Role of the board and board members
  • Governing documents
  • Overseeing the finances of the charity
  • Common questions for boards
  • Duties and responsibilities of board members
  • Obligations to the ACNC

In addition, there are a number of resources and links that provides important information on a range of issue that are sure to be very useful and helpful.

An interesting section that is worth reading is the Top 10 tips for board members.  This section provides a summary of some key issues that is also a good checklist for any board and board members to review.  See below 4 of these tips to get an idea and sense about what these tips cover.

  • Be clear about your role and make sure that the roles and responsibilities of everyone at your charity are well understood, whether they are a volunteer, member, board member, client or employee.
  • Understand your charity’s financial position and be familiar with its financial statements – everyone on your board shares a responsibility to make sure your charity’s finances are well-managed.
  • Have a copy of your rules: read them, understand them, follow them and if ever you are uncertain, ask your other board members or get professional advice.
  • Always act in the best interests of your charity – as a board member you have a responsibility to put the interests of your charity above your own personal interests.

Take the time to read Governance for Good as it is an important and valuable resource for any board or board member.