In this episode we talk about financial decision-making in registered organisations, and the practical steps you can take to meet the expected standards of conduct in your organisation. We also discuss how organisations can promote good governance.
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.
01:30 Typical financial issues
03:25 Statutory duties under the Fair Work (Registered Organisations) Act
08:30 Officers and their responsibilities
09:50 Financial governance training course
15:10 Record keeping in a registered organisation
19:10 Inappropriate credit card use
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.