- Developing and monitoring organisational plans and budgets
- Evaluating results and assessing impact
- Ensuring proper arrangements/agreements are in place for partnership working and service delivery
- Understanding and complying with all legal, contractual and regulatory requirements that apply to it
- Implementing appropriate up to date internal financial and management controls
- Regularly identifying and reviewing the major risks to which the organisation is exposed including systems to manage those risks
- Ensuring that delegation to committees, staff and volunteers (as applicable) works effectively and the use of delegated authority is properly documented and supervised
- Ensuring proper arrangements for the recruitment, remuneration, supervision, support and appraisal of all staff including the most senior member of staff
- Making proper arrangements for managing and supporting volunteers
Principle 3
Maintaining Control, Making Effective Decisions and Managing Risk
The board has ultimate responsibility for setting the vision and strategy and overseeing the activities of the organisation. While the board may delegate some of its functions to paid staff, boards must regularly review internal controls, risks, performance, policies and procedures by: