A report by the National Audit Office into the building better regions fund found ministers ignored departmental advice, and favoured projects in Nationals seats. The Federal Infrastructure Minister, Catherine King, says the former Coalition government has questions to answer over its management of the one-billion dollar grants scheme.
This engaging, case-based session focused on strengthening internal financial controls and preventing mismanagement in the social sector. It fostered meaningful peer learning and unpacked key strategies to build robust, transparent, and compliant financial systems.<br /><br />Together with sector experts, we explored:<br />How to set up effective internal audits and control mechanisms<br />Strategies for preventing fraud and mismanagement<br />Addressing donor scrutiny and ensuring compliance<br />The role of financial governance in organisational accountability<br /><br />Speakers:<br />Sharad Bhargava<br /> – Managing Trustee, Saathi Development Services LLP, with 40+ years of experience across finance, audit, governance, and institutional capacity building.<br />In conversation with:<br />Bhanushree Goyal – Senior Grant Management Officer at Financial Management Service Foundation, with 9+ years of multi-sector expertise spanning grant management, corporate consultancy, and financial services.<br /><br />This Skill Lab is designed for senior SPO leadership and finance teams to strengthen governance and transparency within their organisations.<br /><br />Learn more about the Catalysing Good Governance & Accountability Systems initiative under our Centre for Good Governance - https://www.isdm.org.in/our-initiative <br /><br />To join us in this journey, fill this compliance readiness form. Let’s work together in building compliance and good governance in our social impact space - https://www.surveymonkey.com/r/cfggFF1
The White House Office of Management and Budget on Wednesday rescinded a memo that froze federal grants and loans and created widespread confusion this week.<br />“OMB Memorandum M-25-13 is rescinded. If you have questions about implementing the President’s Executive Orders, please contact your agency General Counsel,” a new memo obtained by CNN reads.<br />White House press secretary Karoline Leavitt said on X that while the earlier memo had been rescinded, the president’s executive orders freezing foreign assistance and ending diversity equity and inclusion initiatives, for example, remain in effect. Those orders are more targeted than the trillions of dollars in aid that was frozen Monday night.<br />The White House budget office had ordered the pause on federal grants and loans, according to the internal memorandum sent Monday, which unleashed anxiety even as the White House said it was not as sweeping an order as it appeared.<br />Though White House aides publicly blamed the media for causing the confusion, arguing that none existed within the building, the administration had received a flood of calls from lawmakers and state officials with questions about its impact on their home states. #CNN #News<br /><br /><br />#News #politics