First NFP national risk assessment finds fraud and theft of resources in schools

On 28 August 2017 the Federal Government released the first national risk assessment for the not-for-profit (NFP) sector. AUSTRAC’s Australia’s non-profit organisation sector: money laundering and terrorism financing risk assessment (the Report) focused on fraud and theft especially in NFP organisations involved in providing services like education. The Report is a reminder that schools and NFP organisations generally require the same fraud and corruption prevention and accountability controls as other businesses. And given that the viability of a school can depend on its reputation in the community or its relationships with funding providers, there is a case to be made that fraud and corruption prevention programs are even more important in schools than in other organisations.

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New Queensland non-state school accreditation legislation receives assent

The non-state schooling sector in Queensland educates approximately one-third of Queensland’s school students (approximately 266,000 students) through 504 schools. Non-state schools must be accredited to operate under the Education (Accreditation of Non-State Schools) Act 2001 (Qld) (the 2001 Act).  In May, School Governance reported on the Education (Accreditation of Non-State Schools) Bill 2017 (Qld) (the Bill) and the changes it proposed to make to the 2001 Act. In August, the Queensland Parliament assented to the Bill making the proposed changes law by repealing the 2001 Act and replacing it with the Education (Accreditation of Non-State Schools) Act 2017 (Qld) (the 2017 Act).  Although the 2017 Act is still yet to commence schools should be conscious of its affects on registration.

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