Finance Committee

Date published: 07 May 2019

Last updated: 13 February 2024

The role of the Finance Committee is to assist the Departmental Board (DB) to meet the corporate governance responsibilities for the Department as outlined in the DB Operating Framework and specifically responsible for:
Ensuring sound financial management is in place and scrutinising the allocation of financial and human resources to achieve strategic objectives.
 

Details

Key activities of the Committee are:

  • Marshalling detailed proposals in respect of Spending Reviews and monitoring rounds;
  • The monitoring of savings plans;
  • Monitoring value for money through the development of improved financial and performance reporting;
  • Monitoring the use of resources to ensure that funds are allocated to those programmes as intended that deliver best value for money, taking account of ministerial priorities;
  • Provide assurance around significant expenditure decisions;
  • Monitoring affordable Headcount Limits; and
  • Scrutinising the annual Asset Management Plan.

 

Documents

Back to top