What does the term ‘Governance’ mean to a not-for-profit community organisation?
There are many interpretations of what governance means, to simplify we think it is what not-for-profit community groups, your boards and management committees need to understand so your organisation is controlled and operates the way it should.
Good governance includes understanding:
- Legal duties
- Financial duties
- Roles in community groups
- Managing risk
- Best practice processes
- Managing people
- Marketing
- Business infrastructure
For further information on how to govern not-for-profit community organisations, please see links to other industry specialists below:
https://aicd.companydirectors.com.au/resources/not-for-profit-resources
http://www.justiceconnect.org.au
https://www.ato.gov.au/Non-profit/
https://www.cpaaustralia.com.au/professional-resources/not-for-profit