How to better manage conflicts of interest

Do all of your not-for-profit (NFP) organisation’s board members or directors know what a conflict of interest is?

Are they aware that they should declare their interests and potential conflicts on appointment?

Does your organisation know how to identify a potential or actual conflict of interest within your NFP?

Does the board have a specific policy in place for dealing with potential or actual conflicts of interest?

Does your orgainsation know how to handle a conflict of interest that cannot be resolved by the board alone?

If you answered no to any of the above questions you need to read Managing Conflicts in the Not-for-Profit Sector by Chartered Secretaries Australia.

This 54-page guide provides a clear framework for NFP organisations to implement a plan that will help manage actual or potential conflicts of interest.

The guide includes templates your organisation can use to draw up its own declaration of interest form, register of interests and conflict of interest policy.

Chartered Secretaries Australia is the peak body for over 7,000 governance and risk professionals and is the leading independent authority on best practice in board and organisational governance.