Governance Forum
Are there additional topics that would be useful to have added to the Reference?
Governance Reference
Corporate governance refers to the processes by which organisations are directed, controlled and held to account. The Code of Practice for State Bodies requires that the organisations ‘must serve the interests of the taxpayer, pursue value for money in their endeavours and act transparently as public entities’-
Audit
Audit provides for an examination, and the reporting of, an organisation’s performance. Each body must have an external audit, an internal audit process and an audit committee.
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Checklists
Checklists to assist bodies to comply with governance requirements.
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Codes & Guidelines
State bodies are required to confirm to the relevant Minister that they comply with the State body Code of Practice and related procedures and practices.
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Codes of Conduct
All State bodies should have written codes of business conduct for their directors and employees and take into account the Ethics in Public Office legislation.
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Financial Reports
Financial Reports should provide timely and accurate disclosure of the organisation’s financial position.
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Governance
Brief summary of Governance topic / category here.
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Risk Management
Each State body should have a risk management policy and framework which is approved and monitored by the board.
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Roles & Responsibilities
The Board is collectively responsible for the success of the Body and compliance with all statutory obligations.