2024 Not-for-Profit Governance Principles - Third Edition
The Australian Institute of Company Directors (AICD) has released it Third Edition of its Not-for-profit Governance Principles, following earlier releases in 2013 and 2019.
The principles are:
- Principle 1 – Purpose, vision, and strategy
- Principle 2 – Roles and responsibilities
- Principle 3 – Board composition and effectiveness
- Principle 4 – Risk management
- Principle 5 – Performance and accountability
- Principle 6 – Stakeholders
- Principle 7 – Sustainability
- Principle 8 – Organisational culture
Resources include the full report, a snapshot summary and a checklist for smaller NFPs.
Disclaimer: This does not purport to be comprehensive or to render legal advice. You should not act based on any information contained in this publication without first obtaining specific professional advice. Consult your legal advisor to determine if this applies to you.
