How the ACFID Code of Conduct compares with the ACNC Governance Standards

This is a detailed comparison that shows how the ACNC’s Governance Standards compare with the revised Australian Council for International Development (ACFID) Code of Conduct. 

ACFID revised its Code of Conduct in June 2017, with the table below comparing this new Code of Conduct with theACNC’s Governance Standards.

If your organisation complies with the ACFID Code of Conduct, it is highly likely it will also meet the ACNC’s Governance Standards. 

However, the two sets of standards do not map across to each other in an exact way, and the ACNC may still require your organisation to demonstrate how it meets the Governance Standards.

ACNC

ACFID Code of Conduct 2017

Standard 1: Purposes and not-for-profit nature

Charities must be not-for-profit and work towards their charitable purpose. They must be able to demonstrate this and provide information about their purposes to the public.

4.1 We articulate clear strategic goals for our work
6.1 We are truthful in our communication
7.1 We are not-for-profit and formed for a defined public benefit
7.3 We are accountable to our stakeholders
7.4 We have responsible and independent governance mechanisms
8.3 We report on the acquisition and use of our resources

Standard 2: Accountability to members

Charities that have members must take reasonable steps to be accountable to their members and provide them with adequate opportunity to raise concerns about how the charity is governed.

7.3 We are accountable to our stakeholders
7.4 We have responsible and independent governance mechanisms
8.3 We report on the acquisition and use of our resources

Standard 3: Compliance with Australian laws

Charities must not commit a serious offence (such as fraud) under any Australian law or breach a law that may result in a penalty of 60 penalty units (currently $10 200) or more

1.4 We advance the safeguarding of children
7.2 We meet our legal and compliance obligations
8.1 We source our resources ethically
8.2 We ensure that funds and resources entrusted to us are properly controlled and managed
9.3 We manage our people effectively and fairly
9.4 We enable our people to conduct themselves professionally and according to our stated values

Standard 4: Suitability of responsible persons

Charities must take reasonable steps to:

  • be satisfied that its responsible persons (such as board or committee members or trustees) are not disqualified from managing a corporation under the Corporations Act 2001 (Cth) or disqualified from being a responsible person of a registered charity by the ACNC Commissioner, and
  • remove any responsible person who does not meet these requirements.
7.4 We have responsible and independent governance mechanisms

Standard 5: Duties of responsible persons

Charities must take reasonable steps to make sure that responsible persons are subject to, understand and carry out the duties set out in this standard.

7.4 We have responsible and independent governance mechanisms
8.1 We source our resources ethically
8.2 We ensure that funds and resources entrusted to us are properly controlled and managed