Corporate Governance in Australian Charities

BUSINESS COMMUNICATION SKILLS

Table of Contents
Introduction 3
Cultural governance 3
Conclusion 8
References 10
Appendices 11
1

Introduction
Corporate governance can be defined as relations, mechanisms and protocols that guide an
organisation to maintain balancing among its operations and stakeholders. Governance in
charities can refer to processes and systems to manage effectiveness, accountability and
supervision. Executive boards of charities are responsible to implement proficient governance
approaches for efficient operation and performance. The thesis statement of this essay is to
undertake the approaches that uplift sustainable corporate governance in an Australian charity. In
light of this issue, two articles from governmental and non-governmental charitable
organizations are analysed to render the similarities and differences between them. The purpose
of this study is to develop a competency of corporate governance among the community and
responsibilities. The charitable need to implement success of a society can be profited by the
responsibilities of charitable roles and attain goals. The focus of corporate governance is to aid
charitable organizations to meet standards of national corporate governance.
Cultural governance
Part 1
Theme 1: Corporate governance in governmental charities
This article serves as a guide for individuals and organisations who are focusing to settle
themselves as a registered charity in ACNC (Australian Charities and Not‐for‐profits
Commission). Members of a charitable body refers to people who are responsible for monitoring
its processes and ensuring organisational progress towards attainment of purposes. Provisions of
a charity can render positive value experience to the stakeholders. As per the findings ACNC
report this experience can provide an opportunity to construct a difference in the target
community (ACNC, 2018). However, added responsibilities can hinder the activities of the
charity. Stakeholders must be aware of their roles and responsibilities in aiding the organisation
to achieve goals. The focus of ACNC is to help non-profit charities to attain governance
standards and collaborate to create and retain good corporate governance beyond standards.
Hence, this article promotes the enumeration of organisational purpose that gives rise to the
settlement of an influential standard of governance.
2