Frequently asked questions (FAQs)

Journal: Governance Directions 

Where can I find the new Digital Journal?

You can view our Journal Governance Directions in digital format at www.governanceinstitute.com.au/journal

Why did we change to a digital journal?

With more members now viewing content from mobile devices and online, there has been an increasing number of requests from our members for a digital format for Governance Directions. When asked about the digital journal this year more than 60% of members surveyed indicated they would prefer an online journal.

With the new features, the digital journal also allows us to provide more value and better content.

What are the current features?

With our digital journal format, we can offer you much more value through:

  • Search Functionality search by topic, year, journal section and journal issue to easily find information relevant to you
  • Archive of issues search and read older issues of Governance Directions
  • Feature articles keep up to date by reading the latest news in governance and risk
  • Related articles at the bottom of every article you will find related articles and key topics to continue reading
  • Share on social media — want to provoke discussion on issues relevant to you and your network? Our handy share tool allows you to share article previews on LinkedIn, Facebook and Twitter
  • Offline reading you are able to print articles to read offline.

What is coming next?

  • Mobile responsive webpages early next year the digital journal will be reformatted for mobile all devices, so that you can read wherever whenever.

What will happen to the Governance Institute app?

Due to the new digital journal technology, and the limited uptake by members, the app will be decommissioned. The app was suitable only for the Apple iPad, but the new digital format can be read on Android, Apple or PC.

Can members still receive a print copy?

The digital journal is complimentary for members; however the print copy of the journal will need to be purchased

  • Standard members: $66 per annum (GST inclusive)
  • Retirees: $22 per annum (GST inclusive)
  • Overseas members: $125 per annum (GST not applicable) 

Hard copy journals will continue to be sent for the remainder of 2017 to those who have opted to receive them.

Can subscribers still receive a print copy?

Access to the digital journal is included with the subscriber package. Subscribers who have paid a subscription fee in 2017 can request a print copy for the remainder of their current subscription by emailing membership@governanceinstitute.com.au

Why are you now charging for the printed journal?

The printed journal will be provided in addition to digital journal access and has an additional cost. Investing in the digital journal has made it unfeasible to provide complimentary access to both the digital and print editions. Charging for the print journal has allowed us to avoid raising membership fees for this year.

When can I purchase the print journal?

Once your membership renewal has been paid you will be sent a link with your thank you email, allowing you to purchase the print journal.  If you do not have an email address, you can call Governance Institute on 1800 251 849 to purchase the journal.

Purchases must be made prior to the 10 of January 2018 to receive the first 2018 issue.

Please note: we will need a minimum number of 3,000 orders to provide the printed journal. In the case that we do not reach 3,000 orders you will be provided a choice of a refund or a credit to your Governance Institute account.


What are my postnominals? And what do they stand for?

  • Certificated member: GIA(Cert)
  • Associate member: AGIA (Associate of Governance Institute of Australia) and ACIS (Associate of ICSA)
  • Fellow member: FGIA (Fellow of Governance Institute of Australia) and FCIS (Fellow of ICSA)

I am a subscriber and I want to access the members’ only section on the website?

Subscribers do not have access to the member’s-only section on the website.

Can I transfer my subscriber package or my membership to someone else?

No, subscriber package and membership are on an individual basis, not a corporate basis.

Why has the Governance Institute decided to open the membership?

To strengthen our membership and provide our members with a more valuable network — making us a more diverse and inclusive association. As you know, we’re the only association with a sole focus on whole-of-organisation governance and opening up our membership provides us with a wider impact in our mission to drive responsible performance.

How much experience does one need to have if they haven’t completed the Governance Institute education?

Requirements Tier one (Fellow) Tier two (Associate) Tier three(Certificated)
Number of years’ experience in the field 10 or more 6 or more 0 - 5 years
Qualification

Tertiary/Undergrad in relevant field

(BBus, BCom, BEc, LLB, MBA or other courses
Alternatively you may hold a designation which requires similar tertiary qualifications or equivalent study in governance or risk management, such as (but not limited to) RMIA Certified Practising Risk Manager (CPRM) or Certified Chief Risk Officer (CCRO), GRCI Certified Compliance and Risk Professional (CCRP)).

Tertiary/Undergrad in relevant field

(BBus, BCom, BEc, LLB, MBA or other courses
Alternatively you may hold a designation which requires similar tertiary qualifications or equivalent study in governance or risk management, such as (but not limited to) RMIA Certified Practising Risk Manager (CPRM) or Certified Chief Risk Officer (CCRO), GRCI Certified Compliance and Risk Professional (CCRP)).

Industry qualification in governance or risk-related field

(GAICD, RMIA-endorsed Palladin Diploma of Risk Management and Business Continuity, Advanced Diploma of Governance Risk and Compliance, Certificate IV in Risk Management or Diploma in Risk Management, GRCI Certificate IV in Compliance and Risk Management, Graduate Certificate in Risk Management).

Can this change happen without a change to the Charter/Constitution?

Yes, we are expanding our current pathways and not creating any new categories which would need a change to the Charter/Constitution.

Has consultation occurred with members about this change?

Yes. The Board has been working with State Councils and management and this is an element of our strategic plan 2017- 2020 designed to increase our membership.

This will allow us to strengthen our membership and provide you with a more valuable network — making us a more diverse and inclusive association. Opening up our membership provides us with a wider impact in our mission to drive responsible performance and raises the profile of our brand thus giving members greater visibility and respect in the market place.

It will allow us to leverage wider range of experiences on our committees as our membership pool will be broader.

As an existing Associate/Fellow member, does this devalue my membership?

We would like to reaffirm that your education and membership remains the pre-eminent professional qualification in governance and is as valuable today as it was the day you joined. Our postgraduate qualifications are still TEQSA accredited and your AGIA or FGIA postnominals recognise your commitment to governance and risk management excellence.

If you’re a member of The Institute of Chartered Secretaries and Administrators (ICSA), you still have your internationally-recognised postnominals (ACIS and FCIS), your Chartered Secretary designation and membership of ICSA — the premier global qualifying organisation for Chartered Secretaries. Members who join under the new pathways will not hold ICSA membership, the Chartered Secretary designation or the international postnominals of ACIS and FCIS. That exclusivity and demonstrated commitment to your profession remains as strong and relevant as the day you achieved it, giving you elite status within our growing membership.

If I am a current Subscriber or a Certificated member, how can I upgrade under the new scheme?

You need to complete the application form and send it to membership@governanceinstitute.com.au

Your application will be presented to the Board for approval in the upcoming meeting. Credit ($) might be applicable based on your current subscriber package /certificated membership

Will I need to complete the CPD?

Yes, the governance and risk landscape is constantly evolving, presenting new challenges to companies striving for responsible performance. This is why Governance Institute members are required to complete continuing professional development hours over a period of three years, ensuring they are always equipped with the highest standard and most up-to-date knowledge and skills. The CPD hours need to be completed depending on your membership category. For more details, please click on the website page here (link to updated website page).

Why is compulsory CPD important?

A personal CPD program ensures that members’ knowledge and skills are enhanced and maintained in the area of governance and risk management.

CPD plays an important role in:

  • educating members on the latest developments in governance, risk management and compliance
  • keeping members’ skills current
  • reassuring regulators, employers and the wider community that Governance Institute members have the technical knowledge and skills to be effective governance professionals.

What is valid CPD?

Governance Institute considers ‘valid CPD’ as contributing to and/or relevant to your current role and responsibilities (and/or future career progression) as a governance and risk management professional.

I am a chartered secretary in India, can I transfer my membership to Australia?

No. We do not have an agreement between the Institute of Company Secretaries of India and Governance Institute of Australia to allow this.

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Membership provides you with the opportunity to network with other people who are doing similar things. There is always something that is not always obvious so it is good to discuss issues. Susan Minto AGIA, Huntley Investment Company Limited


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