Financial Training Compliance Audit
The Registered Organisations Commission (ROC) has announced that it will be conducting a financial training compliance audit of all registered organisations and their branches during 2019.
Under section 293K of the Fair Work (Registered Organisations) Act 2009 (the RO Act), all office holders whose duties relate to financial management are required to undertake approved training within 6 months of taking office. The aim of the audit is to ensure that organisations and branches meet such obligations.
The requirement includes office holders elected or appointed following casual vacancies and participation in the 2019 audit is voluntary.
For further details and a list of approved training packages, please see here.< Back to blog