sponsored article from Emil Ford Lawyers
This issue of Christian Media & Arts Law Notes looks at improvements to financial reporting for not-for-profits, and making sure you distinguish clearly between volunteers and employees in your organisation. Celebrations are around the corner as Emil Ford is about to celebrate 100 years!
Not-for-Profits will be able to give a more accurate view of their true financial circumstances to donors when new standards for financial reporting are introduced in 2020. Revenue from grants and donations will only need to be recognised after associated performance obligations to provide goods or services have been met, and not immediately upon receipt (as usually occurs under the current standards).
Classification as an employee carries with it many rights and protections for employees and greater liability for their employers. For this reason, some organisations deliberately misclassify individuals as volunteers rather than employees, as well as making this mistake by accident. In a recent case, the Fair Work Commission was required to decide whether a football coach was a volunteer or employee of Football Federation Victoria – an important distinction which would determine whether he was eligible for unfair dismissal provisions under the Fair Work Act 2009.
During the evening of 23 November 1923 people across Sydney gathered eagerly in their homes to hear the first radio broadcast in Australia. At precisely 8 o’clock they tuned in to hear the St Andrew’s Choir with five accompanying soloists, perform ‘Le cygne’ (The Swan), from Camille Saint-Saens’ Carnaval des animaux (The Carnival of the Animals).
Over six years earlier, on 31 May 1917, the Full Court of the Supreme Court of New South Wales admitted Mr Emil Ebenezer Joseph Ford as a solicitor. Emil immediately began to practise as Emil E. J. Ford & Co at 350 George Street, Sydney.
A year later, Emil’s first child, Hilary, was born. She went on to be the ninth female law graduate at Sydney University and a partner at Emil E. J. Ford & Co from 1940 until 1973.
A year before that first momentous radio broadcast, Emil’s second child, Harvey, was born. Following service in World War II, Harvey graduated from the Sydney University Law School in 1948, joined the firm and retired from the partnership in the late 1980’s.