Episode 39: Good governance in practice: what makes a good expenditure policy

ROCpod was the monthly podcast of the Registered Organisations Commission, now abolished. The obligations for registered organisations remain unchanged. If you need further information please contact the new regulator - the Fair Work Commission - on 1300 341 665 or email regorgs@fwc.gov.au

A good expenditure policy helps to ensure an organisation’s spending is in line with its objectives and purpose and can protect the organisation and its officers. In this month’s podcast we talk about what an effective expenditure policy looks like and outline practical steps for organisations to take in developing and implementing these policies.

Episode highlights

1:08 Why expenditure polices are important
4:10 What should be covered in expenditure polices
8:30 Common problems the ROC has observed
12:33 Personal spending in expenditure polices

Episode 39 transcript
Australian Tax Office (ATO) reasonable travel allowances
Compliance updates