Articles written By Better Boards

Strengthening Your Governance & Leadership

Over the last 10 - 15 years an ever increasing number of Not For Profit and Social Purpose governing bodies, be they Boards of Directors, Committees of Management or similar entities have …

What is a Proprietary Limited Company (Pty Ltd)?

Jump to Section What is a Proprietary Limited Company? Pty Ltd Characteristics Difference between Ltd and Pty Ltd Benefits of Forming a Pty Ltd in Australia How to Set Up a Pty Ltd Company Pty Ltd …

Mergers & Amalgamations ... the realities & practicalities

Is your board and executives/senior management team considering a merger or amalgamation, or been approached by another organisation to amalgamate or merge? The big picture forces and trends of the …

Illiquidity Vs Insolvency

A non-profit organisation’s financial health is vital to achieving its mission. As stewards of the organisation, board members must understand two key financial concepts - illiquidity and …

Materiality

Materiality matters because it determines what information a board, auditor, or court considers significant enough to act on. This article explains how materiality works across legal, governance, …

School Governance 101

Schools face a number of challenges — and so do the boards that govern them. While concern about some of these challenges has fluctuated since 2014, high salary costs and school fees as well as …

Winding Up an NFP – Practical Tips

Winding up can be a tricky area, requiring a sustained effort and engagement between the Board, management and stakeholders to meet the various requirements involved. It is critical to ensure that the …

Difference between a Company Limited by Shares and Company Limited by Guarantee

What are the key differences between a company limited by shares and a company limited by guarantee? Is one better than the other? Under Australian law, there are two main types of company structures: …

Hire, Review & Fire: Understanding the CEO Lifecycle

Join our panel of experts as they delve into the intricate CEO engagement lifecycle, from hiring to potential separation. The conversation will focus on the challenges Boards face in selecting the …

What is a Company Limited by Shares (CLS)?

A company limited by shares (CLS) is one of the most common structures used to conduct business in Australia. As a company founder, the legal structure you choose determines the activities your …