Annual Report 2011–2012 The percentage allocation of spending has changed a little from 2010–11 to 2011–12, as has the actual spend on different objectives. The main changes in this reporting period compared with the previous year are: • Spending on enhance member institutional capacity has increased due to the growth in the APF-UNDP-OHCHR capacity needs assessment program. • A period of additional financial support for the ICC Chairpersonship (currently held by the APF region) during a transition between Chairs (from New Zealand to Jordan) as well as increased engagement with the UN OEWG and its lead role in advocacy around the five-year review of the Human Rights Council has led to an increase in spending on engagement with regional and international mechanisms. • Some of the budget allocated in previous years to enhance member communications has been shifted to enhance member institutional capacity. • A small increase in spending on the APF secretariat due to bringing the APF secretariat pay scales and superannuation into line with the Australian NHRI benchmark (as approved by Forum Councillors) and an increase in long service liabilities due to more staff becoming eligible. • More fundraising activities has required an increased investment in strategic management for the sustainability and diversified funding base of the APF. • An increased spend on Paris Principles compliance is due to new engagement with the Myanmar Human Rights Commission as well as potential members in the Pacific including Samoa. Evaluation findings Outcome indicator: Compliance Performance rating: On track 5.5 Corporate governance The APF is a company limited by guarantee and is required to meet a range of regulatory obligations. Directors of a company limited by guarantee are subject to all of the duties and obligations for a company as set out in the Corporations Act 2001. This includes the preparation of an audited financial report in accordance with the Australian Accounting Standards and a Directors’ report in accordance with the Corporations Act. During the reporting period the APF transitioned from the 1 April–30 March financial year to the 1 July–30 June period. There are also compliance requirements on companies limited by guarantee relating to health and safety, equal opportunities and industrial relations. In 2011–12 no non-compliance incidents in any of these areas were recorded. All financial, regulatory and statutory obligations have been undertaken. 5. Ensure the efficient and effective strategic management of the APF | 55