The Commission has in place a governance framework for directing and controlling its functions and to provide assurances to the Accounting Officer of the Commission. The Commission's governance structures are developed in line with Managing Public Money Northern Ireland (MPMNI), and other requirements and guidance to comply with the Commission's Management Statement and Financial Memorandum.
A copy of the Commission's Management Statement and Financial Memorandum (MSFM) can be downloaded here.
The governance framework comprises the systems and processes, culture and values by which the Commission is directed and controlled, and the activities through which it accounts to, and engages with the public and other stakeholders.
It enables the Commission to monitor the achievement of its strategic objectives and to consider whether those objectives have led to the delivery of appropriate and value for money services and facilities.
The system of internal control is a significant part of that framework and is designed to manage risk to a reasonable level. It is based on an ongoing process designed to identify and prioritise the risks to the achievement of the Commissions policies, aims and objectives, to evaluate the likelihood of those risks being realised and the impact should they be realised, and to manage them effectively, efficiently and economically.
The Commission's Risk Management Strategy is currently under review. Once finalised it will be available for download from here.
The Commission also implements a Scheme of Delegation to clarify the roles and responsibilities of the Board, its Committees and the Accounting Officer.
To download a copy of the Commission's Scheme of Delegation please click here.