Fraud and Financial Integrity Policy

Purpose
This policy outlines WEA Sydney's approach to preventing and managing fraud, corruption and financial misconduct. It supports good governance and risk management consistent with the ASQA Standards for Registered Training Organisations (2025).

Scope
This policy applies to:

staff
contractors
Board and Council members
volunteers
students involved in financial transactions with WEA Sydney

Definition of Fraud
Fraud is any dishonest act intended to obtain financial or personal benefit. Examples include:

theft of funds or property
falsification of records
misuse of organisational resources
falsifying enrolment or attendance data
falsifying assessment outcomes
claiming payments for services not delivered

Prevention
WEA Sydney seeks to prevent fraud through:

clear financial procedures
internal oversight and reporting
separation of financial responsibilities
transparent record keeping
staff awareness and training

Reporting Suspected Fraud
Any suspected fraud should be reported to:

the Executive Director, or
the President of WEA Sydney Board if senior staff are involved

Reports will be treated seriously and confidentially.

Investigation
Where fraud is suspected, WEA Sydney may:

conduct an internal investigation
refer the matter to appropriate authorities
take disciplinary or legal action if required