ROCpod: Talking with the Registered Organisations Commission
Episode 26: Do you know who your related parties are?
It’s essential for registered organisations to know who their related parties are. It’s relevant for financial reporting and also your disclosure requirements under the Fair Work (Registered Organisations) Act 2009 (the RO Act).
In this month’s episode of ROCpod we explore the compliance requirements about related parties.
1:51: Why disclose related party transactions?
7:29: Disclosure requirements for financial reporting
12:41: Good governance strategies
14:27: Disclosure requirements under the Fair Work (Registered Organisations) Act 2009
17:00: Who is a related party for the ORP statement?
23:48: RO Act exemptions to disclosures
Downloads and links
Episode 26 transcript
Financial reporting resources
Officers and disclosures resources
Guidance note: Disclosures required by Organisations and Branches under the Fair Work (Registered Organisations) Act 2009
Australian Accounting Standards
Other ROCpod episodes
- Episode 1: What to expect from your auditor
- Episode 2: The importance of good governance
- Episode 3: Interview with the Commissioner
- Episode 4: Who is an officer?
- Episode 5: Dual registration
- Episode 6: Spotlight on whistleblower disclosures
- Episode 7: Demystifying the ORP statement
- Episode 8: How the ROC regulates
- Episode 9: Help for organisations during the COVID-19 pandemic
- Episode 10: Behind the scenes with the ROC
- Episode 11: Good governance in practice: record keeping and decision making
- Episode 12: Working together for an efficient election
- Episode 13: Good governance in practice: holding meetings
- Episode 14: The ROC Toolbox
- Episode 15: Good governance in practice: officer induction
- Episode 16: The Commissioner: 2020 and the year ahead
- Episode 17: Good governance in practice: conflicts of interest
- Episode 18: Working together to assist registered organisations
- Episode 19: Election exemptions - what they are and how do they work?
- Episode 20: Good governance in practice: creating a 'speak up' culture
- Episode 21: Lessons from the Federal Court
- Episode 22: Lodge on time, one time, every time
- Episode 23: Is it time to change your registered auditor?
- Episode 24: Corporate governance experiences and what registered organisations can learn from them
- Episode 25: Good governance in practice: the duties of officers
ROCpod is the official podcast of the Registered Organisations Commission. It is copyright to the Commonwealth of Australia. The opinions expressed in ROCpod are the opinions of the particular speaker and not necessarily the opinions of the Registered Organisations Commission. This information is general and is not intended to be comprehensive, it is designed to assist in gaining an understanding of the relevant provisions of the legislation, the ROC and its work. The ROC is not able to provide legal or accounting advice. For further information please see the materials on our website www.roc.gov.au or contact us at email@example.com