News from March 2020
Association business continuity during COVID-19
Kathy Nguyen, Manager - Client Services Associations Forum
The spread of the novel coronavirus has already impacted all associations around Australia. During these times of rapid change, it is important to be prepared to respond in the best interest for your staff, volunteers and community.
1. Communicating with staff
As we are constantly being updated on the situation regarding COVID-19, communicating with your staff and prioritising health…
ASIC releases new AGM guidelines
The Australian Securities and Investments Commission (ASIC) has released new guidelines for meeting upcoming AGM and financial reporting requirements due to the impacts of COVID-19. For associations that are companies limited by guarantee with December year end, ASIC has confirmed that it:
Will take no action if the AGMs are postponed for two months; that is, until the end of July
Supports the holding of AGMs using appropriate technology.
ASIC does…
