Let us manage your compliance obligations

Board Support

Let us manage your compliance obligations

Compliance is defined as “adhering to the requirements of laws, industry and organisational standards and codes, principles of good governance and accepted community and ethical standards” (Australian Standard AS 3806 – 2006).

In addition to having compliance obligations specific to the organisation, most non-profits are also subject to the following common range of compliance obligations:
  • Tax Compliance (GST, FBT, PAYG reporting)
  • Conditions of Funding (meeting reporting deadlines, submitting funding acquittals)
  • Occupational / Workplace Health & Safety (establishing committees, reporting to Workcover)
  • Industry-Specific Legal Obligations (police checks, privacy, policies, housing and accommodation requirements)
  • Constitutional Compliance (members register, notices register, winding up processes)
  • Contractual Obligations (schedule of current / past contracts, authorised signatory lists, reporting schedules)

Most non-profit organisations want to comply with their fiduciary and statutory obligations, but some compliance issues arise because non-profit organisations generally have limited resources, time and sometimes rely heavily on volunteers with limited expertise.

That’s where Matrix on Board can help.

Once you have compiled a list of the major compliance obligations for your organisation, we can assist with your compliance obligations and reporting deadlines by performing the following functions:
  • Calendar of Important Deadlines
  • Prepare of a calendar of important dates, including (but no limited to) reporting deadlines for returns to Fair Trading, ASIC, ATO, FBT returns and the annual Auditor’s report to the funding body.
  • Checklist of Required Tasks
  • Create and maintain a checklist of compliance and reporting tasks with specific deadlines and current status.
  • Regular Communication

The effectiveness of building an effective compliance culture depends on constant communication up and down the chain of command. We’ll communicate regularly with your appropriate staff member(s) or board member(s) to ensure you’re on top of your compliance obligations and reporting.

If you would like to learn more about how we can assist with your next Annual General Meeting or wish to request an obligation free quote, please use our online enquiry form and our Team will contact you at your earliest convenience, alternatively you can call us on (02) 9370 6200.

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