Page 29 - GDG Annual Report 2021

Global Development Group
Global Development Group 29 Annual Report 2021

Professionalism

Global Development Group maintains the highest professional standards of
governance to ensure excellence in performance, activities and accountability to
all stakeholders.

ACFID Accountability and Total expenditure was $28.27 million, which is mainly a
Compliance reflection of the cash flow timing difference between the
receiving and sending of project funds.
GDG is a member of the Australian Council for International
Net assets remain extremely healthy at $8.18 million. Cash
Development (ACFID) and a signatory to the ACFID Code of
flow is continually monitored by management and activities
Conduct. This Code of Conduct is a voluntary, self-regulatory
are planned conservatively in accordance with reserves and
sector code of good practice that aims to improve international
commitments and adjusted as circumstances change. As such,
development outcomes and increase stakeholder trust
it is the confident opinion of the Directors that GDG remains
by enhancing the transparency and accountability of
financially strong and able to meet its debts, as and when they
signatory organisations. It requires members to commit to
fall due. Full financial statements are available and information
high standards of accountability in many areas, including
is available on our website.
development principles, governance and management.
Financial Summary Feedback and Complaints
Summary financial reports have been prepared in accordance All expressions of encouragement, feedback and suggestions
with ACFID Code of Conduct requirements. For further are welcome. Should you have a concern, complaint, or wish
information on the Code please refer to the ACFID website to report an alleged breach of the ACFID Code of Conduct
www.acfid.asn.au please use the ‘Feedback/complaints’ form under the ‘Help’
section of our website, or find our full contact details on the
Governing body’s statement of financial health: For the
back cover. To contact ACFID directly, please go to www.acfid.
financial year ended 30 June 2021, GDG experienced another
asn.au. Please note that it is critical that any matters relating
great year of strong public support from donors, with an
to the safeguarding of vulnerable people, child protection or
excellent revenue result of $30.2 million.
the prevention of sexual abuse, exploitation or harassment
In the midst of COVID-19 and in the current financial climate (PSEAH) are particularly time sensitive and should be reported
this demonstrates the high regard held for GDG by the immediately using our feedback/complaints form.
donating public, our project partners, and many supporting
foundations.

The opportunity to attend daily literacy classes
at J770 The Tikvah Project gives these students a
reason to smile.