Financial Management
Financial Management covers all financial accountabilities in relation to our operations, including the policy framework and the budgets (revenue and capital). In broad terms, it covers the following areas:
- Financial governance and leadership
- Financial strategy and planning
- Budget setting
- Budget monitoring
- Treasury management
- Financing reporting
- Financial risk management and internal control
- Finance for decision making
- Value for money
We carry out an annual review of our financial management arrangements. The outcome of the review reported to the Accounts and Audit Committee.