ACFID Code of Conduct and the Governance Standards
If a charity complies with the ACFID Code of Conduct, it is likely to meet the ACNC’s Governance Standards.
However, the ACFID Code of Conduct does not map to ACNC Governance Standards in an exact way, and the ACNC may still require a charity to demonstrate how it meets the Governance Standards.
ACNC Governance Standards | ACFID Code of Conduct |
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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 |
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 (equivalent to $12,600 as at December 2018) 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:
| 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 |