Core Principle | F

Managing risks and performance through robust internal control and strong public financial management demonstrated through:

Audit & Standards Committee — reviews arrangements for identifying and managing the Authority's business risks and the approval of policies in respect of the Authority's governance framework.

Chief Financial Officer (Treasurer) — ensures the sound administration of the financial affairs of the Authority, as required by the statutory duties associated with s.151 of the Local Government Act 1972, the Local Government Finance Act 1988 and the Accounts and Audit Regulations 2015. The Chief Financial Officer is also governed by professional standards set by CIPFA.

Risk Management Strategy — ensures that the Authority identifies strategic risks and applies the most cost-effective control mechanisms to manage those risks.

Business Continuity Plans — these plans were most recently implemented during the Covid-19 pandemic and in readiness for possible industrial action by firefighters. They are kept under annual review to ensure the delivery of core functions.

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