Not-for-Profit on Purpose

New ACNC Requirements for NFPs - related party transactions

February 24, 2023 Justin Hogg Season 2 Episode 20
Not-for-Profit on Purpose
New ACNC Requirements for NFPs - related party transactions
Show Notes

One of the new requirements for ACNC is increased disclosure - related party transactions.  While compliance is important, in this podcast I focus on understanding related party transactions from a governance perspective specifically why and how to implement these changes. 

Related party transactions are similar in principle to managing conflict of interest, openness, and clarity.  By taking a step-by-step approach you will create alignment in your organisation, alignment that only governance can achieve.

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If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

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