Episode 11: Good governance in practice – record keeping and decision making

Proper decision making and good record keeping are equally important to ensure that registered organisations are transparent and accountable to their members. There are a number of records that registered organisations must keep under the Fair Work (Registered Organisations) Act 2009 (the RO Act). However, good governance practices may go beyond the requirements in the RO Act.

This is the first podcast in our ‘Good governance in practice’ series.

ROCpod was a monthly podcast created by the Registered Organisations Commission, which is now abolished. The obligations for registered organisations remain unchanged, with the functions transferred to the Fair Work Commission as the regulator from 6 March 2023. If you need further information please contact the Fair Work Commission on 1300 341 665 or email regorgs@fwc.gov.au.

Episode highlights

0:56  Introduction of ROC’s Good Governance in Practice podcast series

1:45  What decision are we talking about?

4:45  Financial decision making and officer financial training

7:00  The challenges

9:30  The importance of good record keeping

10:20  The records that must be kept

14:15  Record keeping procedures

ROCpod was the official podcast of the Registered Organisations Commission. It is copyright to the Commonwealth of Australia. The opinions expressed in ROCpod are the opinions of the particular speaker and not necessarily the opinions of the regulator. 

This information is general and is not intended to be comprehensive, it is designed to assist in gaining an understanding of the relevant provisions of the legislation, the regulator and its work. The regulator is not able to provide legal or accounting advice. 

For further information please see the registered organisations materials on our website or contact us at regorgs@fwc.gov.au.