Corporate governance
Corporate Governance Framework
Each year, the Commission’s Board approves a Corporate Governance Framework, setting out the responsibilities and procedures that we follow to make sure we are governed to a high standard. The Corporate Governance Framework is an important reference document for us and the latest version, updated to reflect the smaller Commission, was approved at the March 2103 Board meeting.
Corporate Governance Framework June 2013
For further information please contact Malcolm Botting, Head of Controller’s Office on m-botting@audit-commission.gsi.gov.uk
The Commission’s Corporate Plan for 2013/15 and Corporate Objectives
At its March meeting, the Board approved the Commission’s Corporate Plan for 2013/15 and our Corporate Objectives.
The Plan is high-level, and includes the Commission’s role and functions; how we are run; corporate governance; financial plans; people requirements; and asset management and estates.
It sets out the Commission’s Corporate Objectives, which are to:
- support the transition to a new audit regime, ensuring that public money continues to be properly accounted for and protected during the transition and after our closure; and working with the Department for Communities and Local Government (DCLG) and the Department of Health (DH) to ensure the local audit legislation and the future audit regime are fit-for-purpose;
- overseeing the delivery of consistent, high quality audits, ensuring the proper regulation of audit and the management of the contracts with the firms;
- help our auditors and sectors to respond to current challenges and improve, by providing authoritative, unbiased, evidence-based analysis;
- lead our people, ensuring that we continue to be fit-for-purpose; motivating and supporting staff; communicating with them in an open, honest and timely way; and giving them the best future prospects we can; and
- be financially responsible, keeping the costs of running the Commission, and its closure, to a minimum, consistent with meeting our statutory obligations and our duties as a good employer.
The Plan also includes work plans for each Group, which will form the basis of their detailed business plans until closure in 2015.