2017 ASMOF NSW Branch Audited Financial Report

The Fair Work (Registered Organisations) Act 2009 imposes financial accountability obligations on Federal registered unions. The Australian Salaried Medical Officers’ Federation (NSW) Branch is a branch of the Federally registered union.

The obligations include the requirement to prepare and lodge a financial report and provide the report to members of the union.

The Financial Report of the NSW Branch has been audited in accordance with the provisions of the Fair Work (Registered Organisations) Act 2009.

A copy of the Financial Report can be accessed here.

ASMOF prides itself on following robust financial governance principles and policies and I am pleased to report the attached financial report meets the requirements of the Fair Work (Registered Organisations) Act 2009 and no anomalies or cause for concern have been identified.

Furthermore:

  • the financial report complies with the Australian Accounting Standards and the reporting guidelines of the Registered Organisations Commission
  • the financial report gives a true and fair view of the financial performance, financial position and cash flows of the Branch for the 2017 financial year
  • the Branch can pay its debts as and when they become due and payable
  • the financial affairs of the Branch have been managed in accordance with the rules of the union, and
  • the financial records of the Branch have been kept and maintained in accordance with the Fair Work (Registered Organisations) Act 2009.

 

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