Our Board has a duty to ensure our financial affairs are conducted in an environment of good governance and financial probity – it does so by maintaining a governance framework to ensure our staff work within the parameters set out by the Board.
That governance framework consists of policies and procedures, control systems and external validation to ensure the organisation is fulfilling its obligations.
All business contains an element of risk and while the framework exists to manage risk to a reasonable level, it cannot eliminate all risk of failure to achieve aims and objectives.
As part of our governance arrangements we have formal statements by our Chair, Chief Executive and by our Accountable Body’s S151 Officer on the governance framework in place and its effectiveness. These can be found below.