Community Sector Banking
MEDIA, JOBS & RESOURCES for the COMMON GOOD
News  |  Governance

Guide to NFP Conflicts of Interest


Thursday, 19th November 2015 at 11:21 am
Lina Caneva
For the first time the national charity regulator has released a guide for charities on managing conflicts of interest.

Thursday, 19th November 2015
at 11:21 am
Lina Caneva


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Guide to NFP Conflicts of Interest
Thursday, 19th November 2015 at 11:21 am

For the first time the national charity regulator has released a guide for charities on managing conflicts of interest.

The new guide by the Australian Charities and Not-for-profits Commission (ACNC) explains conflicts of interests and what needs to be considered when they arise in NFP organisations.

Acting ACNC Commissioner, Murray Baird, said charities in Australia had a reputation for integrity and ethical behaviour which has earned them the trust of the community.

“Managing real, potential and perceived conflicts of interest is essential for charities to protect their reputation,” Baird said.

“Conflicts of interest, both perceived and real, are common and, when properly managed, do not have to represent a problem for charities.

“It is how you manage these issues that will determine what affect they have on your charity and its perception in the community.”

He said the guide provides charities with practical advice and case studies to help them manage conflicts of interest.

“This guide explains what conflicts of interest are and the steps charities can take to identify, prevent and manage conflicts when they arise,” he said.

“It explores the duties of charity board members around disclosure and answers some of the common questions charities have on this topic.”

The guide also provides charities with resources, such as a template policy and register of interests, to help them manage conflicts of interest.

Managing conflicts of interest – A guide for charity board members is available for download here.


Lina Caneva  |  Editor  |  @ProBonoNews

Lina Caneva has been a journalist for more than 35 years. She was the editor of Pro Bono Australia News from when it was founded in 2000 until 2018.


Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers?

Get in touch at news@probonoaustralia.com.au

Tags : ACNC, Guide,

 Print

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Write a Reply or Comment

Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

RSL Queensland takes steps to fix governance issues

Luke Michael

Tuesday, 21st May 2019 at 4:13 pm

Charity report criticised for missing detail

Maggie Coggan

Tuesday, 21st May 2019 at 8:34 am

College of Physicians undergoes charity commission probe

Luke Michael

Monday, 6th May 2019 at 4:49 pm

POPULAR

Morrison vows to prioritise NDIS following election win

Luke Michael

Monday, 20th May 2019 at 4:05 pm

Australia set to face UN scrutiny over disability rights

Luke Michael

Friday, 17th May 2019 at 4:45 pm

Guide dogs business venture set to shake up traditional charity model

Maggie Coggan

Monday, 13th May 2019 at 4:11 pm

Community Sector Banking
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!